GCP Capital Group arranges 13 deals totaling $254.898 million

July 27, 2015 - New York City

Matthew Albano, GCP Capital Group

Adam Brostovski, GCP Capital Group

Matthew Classi, GCP Capital Group

Jack Fried, GCP Capital Group

Paul Greenbaum, GCP Capital Group

Stephen Katz, GCP Capital Group

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $254.898 million for the following 13 properties:
* $100 million for a portfolio of three 13-story multifamily apartment buildings containing a total of 768 apartments and 6 professional offices, located in Rockaway Park, Queens. Adam Brostovski, principal of GCP, arranged the financing.
* $55.6 million for a portfolio of eight multifamily apartment buildings containing a total of 731 apartments and 10,260 s/f of commercial space, located throughout Queens. Paul Greenbaum, managing member of GCP, arranged the financing.
* $25 million for a four-story commercial building of 27,800 s/f containing two credit tenants, located on Third Ave. in Manhattan. Matthew Classi, managing member, and Jack Fried, senior associate of GCP, arranged the financing.
* $20 million in combined financing for a one-story retail building of 12,200 s/f containing three commercial spaces, located on 71st Ave. in Queens. Stephen Katz, senior associate of GCP, arranged the financing.
* $10.3 million for three contiguous five-story multifamily buildings containing a total of 93 apartments, located on Sherman Ave. in Manhattan. Brostovski arranged the financing.
* An $8.5 million construction loan for the acquisition and development of a 15,000 s/f commercial building to be leased to a gym, located on Smith St. in Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing.
* $8 million for three four-story apartment buildings containing eight apartments and one retail unit located on Withers St. in Brooklyn. Albano arranged the financing.
* $5.663 million for a six-story apartment building containing 28 apartments and two stores, located on West 144th St. in Manhattan. Brostovski arranged the financing.
* $5.5 million for the development of an existing four-story apartment building with 16 apartments, located on the Upper East Side. Brostovski arranged the financing.
* $5.35 million for three contiguous multifamily buildings containing a total of 35 apartments, located in the Clinton Hill section of Brooklyn. Classi arranged the financing.
* $4.54 million in combined financing for three multifamily buildings containing a total of 13 apartments and two stores, located throughout Brooklyn and Queens. Albano arranged the financing.
* $3.445 million for a three-story apartment building containing nine apartments and 3,550 s/f of commercial space, located on Greenwood Ave. in Brooklyn. Classi arranged the financing.
* A $3 million acquisition loan for the proposed development of a four-story condominium building containing seven apartments, located on 21st St. in Brooklyn. Albano arranged the financing.
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