
November 14, 2008 -
Financial Digest
GCP Capital Group LLC has arranged mortgage financing in the amount of $88.86 million for the following properties:
* $29.3 million for an 11-story apartment building containing 254 units, located on Lexington Ave. Adam Brostovski, principal of GCP, arranged the financing.
* $20.1 million for a 12-story apartment building containing 156 units and two commercial units, located on Lexington Ave. Brostovski arranged the financing.
* $7.85 million for two six-story apartment buildings containing 106 units, located on St. Johns Place in Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing.
* $5.5 million for a six-story apartment building containing 25 units, located on St. Nicholas Ave. Brostovski arranged the financing.
* $5.04 million for a five-story apartment building containing 78 units, located on Grand Concourse in the Bronx. Brostovski arranged the financing.
* $4.9 million for a six-story apartment building containing 31 units and two stores, located on Mulberry St. Brostovski arranged the financing.
* $4.5 million for a six-story apartment building containing 72 units and seven stores, located on West 172nd St. Paul Greenbaum, managing member of GCP, arranged the financing.
* $3.72 million for a six-story apartment building containing 44 units, located on East 26th St., Brooklyn. Greenbaum arranged the financing.
* $2.95 million for a single-story commercial building occupied by two stores and comprised of 6,225 s/f, located in Great Neck. Matthew Classi, managing member of GCP, arranged the financing.
* $2.7 million for a five-story apartment building containing 45 units and three stores, located on East 172nd St. in the Bronx. Brostovski arranged the financing.
* $2.3 million for two free-standing Friendly's Restaurants, located in Mineola and East Northport. Classi arranged the financing.