GCP Capital Group completes seven mortgages totaling $59.226 million; Includes $36.516 million for 12 multifamilies by Greenbaum

GCP Capital Group has arranged seven mortgage financings in the aggregate amount of $59.226 million for the following properties: * $36.516 million for a package of 12 multifamily properties containing a total of 200 residential units. The interest rate was fixed at 4.25% for 35 years. Paul Greenbaum, managing member of GCP, arranged the financing. * $5 million for a two-story medical office building comprised of 25,000 s/f, located in North Hills, Nassau County. Greenbaum arranged the financing. * $5 million for a six-story double elevator apartment building containing 66 units, located on St. Marks Ave. Greenbaum arranged the financing. * $4.5 million for a six-story elevator apartment building containing 36 units, located on West 21st St. in Manhattan. Greenbaum arranged the financing. * $3 million for a five-story walk-up apartment building containing 43 units, located on East 202nd St. in the Bronx. Matthew Classi, managing member of GCP, arranged the financing. * Assumption of mortgage in the amount of $2.96 million for a six-story walk-up apartment building containing 16 units with one store, located on St. Mark's Place in Manhattan. David Sessa, senior associate of GCP, advised on the financing. * $2.25 million for a six-story elevator apartment building containing 36 units, located on St. Nicholas Ave. in Manhattan. Adam Brostovski, principal of GCP, arranged the financing.