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October 20, 2011 -
Financial Digest
GCP Capital Group LLC has arranged mortgage financing in the amount of $60.925 million for the following 16 properties:
* $12.7 million for four retail condo units of 9,100 s/f contained within a 15-story residential condo building, located on Lexington Ave. in the 80s. Matthew Classi, managing member of GCP, arranged the financing.
* $6.5 million for a five-story double elevator apartment building containing 102 units, located in Yonkers. Paul Greenbaum, managing member of GCP, arranged the financing.
* $6.2 million for a package of four apartment buildings containing a total of 85 units, located throughout the Bronx. Adam Brostovski, principal of GCP, arranged the financing.
* A $5.4 million underlying loan for a 15-story elevator cooperative apartment building containing a total of 283 units, located on Colden St. in Flushing. Brostovski arranged the financing.
* $4.8 million for a portfolio of three mixed-use buildings containing a total of 69 units and six commercial units, located throughout the area. Matthew Albano, senior consultant of GCP, arranged the financing.
* $4.125 million for a five-story brick elevator apartment building containing 50 apartments, located in Paterson, N.J. Brostovski arranged the financing.
* $3.65 million for a five-story elevator apartment building containing 48 apartments, located in Paterson, N.J. Brostovski arranged the financing.
* $3 million for a six-story elevator apartment building containing 59 units, located on 120th St. in Queens. Greenbaum arranged the financing.
* $3 million for a five-story elevator cooperative apartment building containing 74 units, located in Mineola. Alan Perlmutter, managing member of GCP, arranged the financing.
* $2.175 million for a four-story walk-up apartment building containing 21 units and two stores, located on Rockaway Ave. in Brooklyn. Greenbaum arranged the financing.
* $2.1 million for a six-story elevator apartment building containing 72 units, located on West 8th St. in Brooklyn. Greenbaum arranged the financing.
* $1.8 million for a 13,450 s/f office building located in Oyster Bay, Nassau County. Judd Volk, senior associate of GCP, arranged the financing.
* $1.7 million for a six-story elevator cooperative apartment building with 96 units, located on 60th Ave. in Queens. Greenbaum arranged the financing.
* $1.4 million for a two-story mixed-use building containing eight units and seven stores, located in Scarsdale. Brostovski arranged the financing.
* $1.375 million for a two-story free standing commercial building comprised of 15,000 s/f, located in White Plains. David Sessa, senior associate of GCP, arranged the financing.
* $1 million for a five-story walk-up apartment building containing 12 units and two stores, located on Waverly Place. Classi arranged the financing.