GCP Capital Group arranges three transactions totaling $12.45 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 $12.45 million for the following properties: $9 million for an 18-story mixed-use building containing 134 units and one store, located on Lexington Ave. Adam Brostovski, principal of GCP Capital Group, arranged the financing for this transaction. $2.5 million for a six-story elevator apartment building containing 52 units, located on St. Marks Ave. in Brooklyn. Paul Greenbaum, managing member of GCP Capital Group, arranged the financing for this transaction. $950,000 for a three-story apartment building containing five units, located on Manhattan Ave. in Brooklyn. Matthew Albano, senior consultant of GCP Capital Group, arranged the financing for this transaction.

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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.