
October 27, 2014 -
New York City
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.