News: Brokerage

GCP Capital Group arranges six deals totaling $53.4 million

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $53.4 million for the following six properties: * $25 million in combined financing for a total of 12 two-story garden apartment buildings containing a total of 210 apartments, located on Atlantic Ave. in Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing. * $15 million for a 30,500 s/f historic, five-story residential loft building, located in the SoHo neighborhood of Manhattan. Matthew Classi, managing member of GCP Capital, arranged the financing. * $5.5 million for a six-story mixed-use building containing 21 apartments and 1,700 s/f of commercial space, located in downtown Manhattan. Greenbaum arranged the financing. * $3.1 million for a five-story multifamily building containing 21 apartments, located on West 135th St. in Manhattan. David Sessa, senior associate of GCP, arranged the financing. * $2.7 million for a six-story apartment building containing 28 units with 1,150 s/f of commercial space, located on West 181st St. in Manhattan. Adam Brostovski, principal of GCP, arranged the financing. * $2.1 million for a six-story apartment building containing 25 apartments, located on Andrews Ave. in the Bronx. Brostovski arranged the financing.
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