GCP Capital Group arranges 14 deals totaling $75.625 million

February 23, 2015 - New York City

Adam Brostovski, GCP Capital Group

Matthew Classi, GCP Capital Group

PaulGreenbaum, GCP Capital Group

David Sessa, GCP Capital Group

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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