GCP Capital Group arranges five loans totaling $46.8 million

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 $46.8 million for the following five properties: * $13.375 million combined financing for three five-story apartment buildings containing a total of 161 apartments and 4,200 s/f of commercial space, located throughout the Bronx. Adam Brostovski, principal of GCP, arranged the financing for this package. * $10.95 million for a two-story single-tenant retail building comprised of 39,000 s/f, located in Paramus, N.J. Paul Greenbaum, managing member of GCP, arranged the financing. * $7.9 million for a six-story apartment building containing 69 apartments, located on Selwyn Ave. in the Bronx. Greenbaum arranged the financing. * $7.875 million for a six-story apartment building containing 57 apartments and 4,380 s/f of commercial space, located on West 190th St. in the Bronx. Brostovski arranged the financing. * A $6.7 million acquisition/construction loan for a to-be-built five-story multifamily apartment building containing 12 apartments, located on St. Marks Ave. in Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing.

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