GCP Capital Group completes a total of $32.85m in mtge. financing
August 18, 2008 - Finance
GCP Capital Group LLC has arranged mortgage financing in the amount of $32.85 million for the following properties:
* $4.75 million for a five-story loft building, located on West 30th St. David Sessa, senior associate of GCP, arranged the financing.
* $4.55 million for two contiguous residential apartment complexes containing a total of 62 units, located on Vermilyea Ave. Adam Brostovski, principal of GCP, arranged the financing.
* $4.4 million for a to-be-built six-story mixed-use building comprised of 6,200 s/f, located on First Ave. Matthew Classi, managing member of GCP, arranged the financing.
* $4 million for two contiguous five-story walk-up apartment buildings containing 17 units and three stores, located on East 7th St. Brostovski arranged the financing.
* $3.75 million for a five-story walk-up apartment building containing 20 units and two stores, located on MacDougal St. Brostovski arranged the financing.
* $3.5 million for a to-be-built eight-story elevator condo building comprised of 26,400 s/f, located on Ocean Ave. in Brooklyn. Matthew Albano, senior associate of GCP, arranged the financing.
* $3.2 million for a six-story elevator apartment building containing 58 units, located on Pinehurst Ave. Paul Greenbaum, managing member of GCP, arranged the financing.
* $3.3 million for a five-story industrial building, located in Newark, N.J. Brostovski arranged the financing.
* $3.2 million for a five-story walk-up apartment building containing six units with two stores, located on West 11th St. Brostovski arranged the financing.
* $2.6 million for a commercial building containing five retail units, located on Front St. in Hempstead. Brostovski arranged the financing.