News: Brokerage

GCP Capital Group arranges financing totaling $98.765 million, including $23.46 million for three building package by Brostovski

GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged mortgage financing in the aggregate amount of $98.765 million, for the following properties: $13.6 million for two attached six-story apartment buildings containing a total of 217 units, located on Junius St. Paul Greenbaum, managing member of GCP arranged the financing. $23.46 million for a package of 3 six-story apartment buildings containing a total of 184 units and 20,100 s/f of commercial space, located on Broadway in Manhattan. Adam Brostovski, principal of GCP arranged the financing. $5.6 million for a five-story walk-up apartment building containing 74 units and 4,600 s/f of commercial space, located on Grand Concourse in the Bronx. Brostovski arranged the financing. $2.73 million for a five-story walk-up apartment building containing 8 units and 1,050 s/f of commercial space, located on East 6th St. in Manhattan. Stephen Katz, senior associate of GCP arranged the financing. $1.7 million for two contiguous five-story walk-up apartment buildings containing 34 units and 3,500 s/f of commercial space, located on East 84th St. in Manhattan. Matthew Classi, managing member of GCP arranged the financing. $7 million for a two-level commercial condominium comprised of 19,300 s/f within a 12-story condominium building, located on Bowery in Manhattan. Classi arranged the financing. $5.9 million for a six-story elevator apartment building containing 89 units, located on Albemarle Rd. Greenbaum arranged the financing. $2.75 million for a package of 3 three-story residential buildings containing a total of 17 units, located throughout the borough. Matthew Albano, senior broker of GCP, arranged the financing. $1.6 million for a five-story walk-up apartment building containing 20 units, located on Vermilyea Ave. in Manhattan. Brostovski arranged the financing. $1.15 million for a four-story walk-up apartment building containing 23 units, located on Albemarle Rd. Greenbaum arranged the financing. $6 million for a six-story elevator apartment building containing 66 units, located on West 215th St. in Manhattan. Greenbaum arranged the financing. $3.45 million for a one-story commercial building comprised of 12,325 s/f, located on Sutphin Blvd. in Queens. Greenbaum arranged the financing. $1.95 million for a five-story walk-up apartment building containing 35 units, located on West 170th St. in Manhattan. Brostovski arranged the financing. $4.86 million for a package of 4 three-story buildings containing a total of 20 apartments and 1 retail space, located throughout the borough. Albano arranged the financing. $1.5 million for a four-story walk-up apartment building containing 32 units, located on 45th St. Greenbaum arranged the financing. $1 million for two retail condominium units comprised of 2,600 s/f, located on the ground floor of a brand new 7-story mixed-use condominium building at 31st St. in Astoria. David Sessa, senior associate of GCP arranged the financing. $5.2 million for a six-story elevator apartment building containing 71 units and 7 stores, located on West 172nd St. in Manhattan. Greenbaum arranged the financing. $4.015 million for a package of 3 rental buildings containing a total of 17 apartments and 3 offices, located throughout the borough. Albano arranged the financing. $2.9 million for a six-story elevator apartment building containing 36 units, located on Audubon Ave. in Manhattan. Brostovski arranged the financing. $2.4 million for a retail condominium unit of 4,700 s/f located within a 23-story building, located on Nassau St. in Manhattan. Greenbaum arranged the financing.
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