New York Real Estate Journal

GCP Capital Group arranges eleven transactions: $66.195 million total

May 11, 2009 - Finance
GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged the following transactions: $12.7 million for a retail condominium unit comprised of 9,000 s/f, located at the base of a 15-story condominium building on Lexington Ave. Matthew Classi, managing member of GCP Capital , arranged the financing. $8.375 million for four six-story adjacent walk-up apartment buildings containing a total of 120 units, located on East 101st St. Matthew Albano, senior consultant of GCP Capital arranged the financing. $7.045 million for a seven-story elevator apartment building with 100 units, located on Sedgwick Ave. in the Bronx. Paul Greenbaum, managing member of GCP Capital arranged the financing. $7.75 million for a five-story walk-up and six-story elevator apartment buildings containing a total of 130 units and one store, located on East 242nd St. in the Bronx. Greenbaum arranged the financing. $1.6 million for a three-story mixed-use building containing 10 apartments and two stores, located on Rogers Ave. in Brooklyn. David Sessa, senior associate of GCP Capital 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. Adam Brostovski, principal of GCP Capital arranged the financing. $4.5 million for a six-story apartment building containing 72 units and seven stores, located on West 172nd St. Greenbaum 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. $3.5 million for a six-story elevator apartment building containing 65 units and two stores, located on West 238th St. in the Bronx. Greenbaum arranged the financing. $7.425 million for two five-story apartment buildings containing 90 units, located on Davidson Ave. in the Bronx. Greenbaum arranged the financing. $5.7 million for four contiguous five-story apartment buildings containing a total of 54 units and three stores, located on Audubon Ave. Brostovski arranged the financing.