GCP Capital Group completes a total of $68.775m in mtge. financing

December 15, 2008 - Financial Digest
GCP Capital Group LLC has arranged mortgage financing in the amount of $68.775 million for the following properties: * $18 million for a five-story commercial building comprised of 87,800 s/f, located on Union Tpke. Matthew Classi, managing member of GCP, arranged the financing. * $17.85 million for a seven-story apartment building containing 62 units and seven stores, located on Second Ave., Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing. * $13.2 million for a six-story apartment building containing 159 units, located on Roosevelt Ave. Stephen Katz, senior associate of GCP, arranged the financing. * $6.25 million for a six-story elevator apartment building containing 47 units and six professional units, located on Ft. Washington Ave., Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing. * $5.8 million for a six-story apartment building containing 71 units and five stores, located on Tiebout Ave. in the Bronx. Adam Brostovski, principal of GCP, arranged the financing. * $4.875 million for a five-story mixed-use building comprised of 9,270 s/f, located on West 58th St., Manhattan. Matthew Albano, senior consultant of GCP, arranged the financing. * $4 million for four two-story buildings containing 70 senior citizen units in Lindenhurst. Classi arranged the financing. * $3.675 million for a six-story elevator apartment building containing 56 units, located on Carroll Pl., Bronx. Brostovski arranged the financing.

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