News: Brokerage

GCP Capital Group arranges 14 deals totaling $75.625 million

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $75.625 million for the following 14 deals: * $16 million for a package of three apartment buildings containing a total of 19 apartments and eight stores, located on First Ave., Manhattan. Matthew Classi, managing member of GCP, arranged the financing. * $9 million for a nine-story apartment building containing 21 apartments and two professional spaces, located on East 81st St., Manhattan. Classi arranged the financing. * $7.5 million for a six-story apartment building containing 92 units with five commercial units, located on Virginia Ave., Bronx. Paul Greenbaum, managing member of GCP, arranged the financing. * $5.8 million for a one-story strip retail building comprised of 20,350 s/f, located on Astoria Blvd., East Elmhurst, Queens. Matthew Albano, senior broker of GCP, arranged the financing. * $5.775 million for a portfolio of five multifamily apartment buildings containing a total of 83 apartments, located in the Fordam Heights section of the Bronx. Adam Brostovski, principal of GCP, arranged the financing for this property. * $5.7 million for a five-story apartment building containing 63 units, located on Valentine Ave., Bronx. Brostovski arranged the financing. * $5.5 million for a five-story apartment building containing 68 units with one commercial unit, located on Vermilyea Ave., Manhattan. Brostovski arranged the financing. * $5 million for a six-story apartment building containing 30 apartments, located on St. Nicholas Place, Manhattan. Greenbaum arranged the financing. * $3.25 million for a five-story office building comprised of 9,700 s/f, located on Smith St., Brooklyn. David Sessa, senior associate of GCP, arranged the financing. * $3.2 million for a six-story apartment building containing 25 units and 2,050 s/f of commercial space, located on Walton Ave., Bronx. Brostovski arranged the financing. * $3 million for a compilation of commercial buildings, partially owner occupied, containing a total of 61,000 s/f, in the Prospect Heights section of Brooklyn. Jack Fried, senior associate of GCP, arranged the financing. * $2.3 million for a single-story commercial building comprised of 13,050 s/f, located on Linden Blvd., Brooklyn. Greenbaum arranged the financing. * $2 million for a one-story commercial building comprised of 7,600 s/f, located on Union St., Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing. * $1.6 million for two contiguous three-story apartment buildings containing a total of 12 units, located on Grove St., Brooklyn. Classi, arranged the financing.
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