News: Finance

Greenbaum of GCP Capital secures three mortgages totaling $28.925 million

GCP Capital Group LLC has arranged four mortgage financing transactions in the aggregate amount of $29.115 million for the following properties: $14.525 million for a package of 5 multifamily properties containing a total of 125 units and 13 stores, located throughout New York. Paul Greenbaum, managing member of GCP Capital Group arranged the financing. $7.7 million for a six-story elevator apartment building containing 78 units, located in Hartsdale, N.Y. Greenbaum arranged the financing. $5.7 million for a seven-story elevator apartment building containing 65 units, located on Fulton St. Greenbaum arranged the financing. $1.19 million for a two-story commercial building comprised of 16,000 s/f, located on Stratford Ave. Adam Brostovski, principal of GCP Capital Group, arranged the financing.
Tags: Finance
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