GCP Capital Group arranges two loans totaling $47.255 million

GCP Capital Group LLC has arranged mortgage financing in the amount of $47.255 million for the following two properties: * $25.36 million for a 46-building garden apartment portfolio containing a total of 375 apartments, located throughout Elizabeth, N.J. Adam Brostovski, principal of GCP, arranged the financing. * $21.895 million for a 10-building garden apartment portfolio containing a total of 199 apartments, located throughout Nassau County. Matthew Albano, senior broker of GCP, arranged the financing.