GCP Capital Group completes $197.775 million in financing

GCP Capital Group LLC has arranged mortgage financing in the amount of $197.775 million for the following properties: * $70 million for a 284-unit apartment complex in Holbrook. Matthew Classi, managing member of GCP, arranged the financing. * $62.4 million for a seven-acre parcel to be developed into a condo complex of four nine-story buildings containing 500 units in Yonkers. Alan Perlmutter, managing member of GCP, arranged the financing. * $13.8 million for a renovated, five-story office condo building, located on Norman Ave., Brooklyn. Judd Volk, senior associate of GCP, arranged the financing. * $11.7 million for the proposed construction of a six-story mixed-use condo building, located on Northern Blvd., Queens. Adam Hakim and Mark Hakim, senior associates of GCP, arranged the financing. * $8.5 million for a six-story elevator apartment building containing 99 units, located on West 3rd St., Brooklyn. Perlmutter arranged the financing. * $5.4 million for a 72,000 s/f plot being ground leased to two major credit tenants, Walgreens and Nassau Educators Federal Credit Union. The property is located on Hempstead Tpke. in Franklin Sq. David Sessa, senior associate of GCP, arranged the financing. * $4.5 million for a six-story elevator apartment building containing 47 units, located on 120th St., Queens. Perlmutter arranged the financing. * $4 million for a two-story, 22,000 s/f medical office building located in North Hills. Paul Greenbaum, managing member of GCP, arranged the financing. * $3.85 million for a 45,000 s/f storage facility building containing 436 units, located on Jerome Ave., the Bronx. Sessa arranged the financing. * $3.6 million for a four-story walk-up apartment building containing 44 units, located on 102nd St., Queens. Perlmutter arranged the financing. * $3.5 million for a five-story walk-up mixed-use building containing 16 units and one store, located on West 28th St., Manhattan. Greenbaum arranged the financing. * $3.325 million for a four-story walk-up apartment building, located on Rockaway Ave., Brooklyn. Greenbaum arranged the financing. * $3.2 million for a five-story walk-up apartment building containing 53 units, located on East 196th St., the Bronx. Adam Brostovski, principal of GCP, arranged the financing.