Newswire

GCP Capital Arranges $36.8M in Financing

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $36,820,000 for the following:

$24,000,000 combined financing for two six-story mixed-use apartment buildings containing a total of 52 units with approximately 26,920 square feet of commercial space, located on St. Nicholas Avenue in Manhattan. Adam Brostovski, principal, arranged the financing.

$7,500,000 for a 120,000-square-foot luxury health and fitness complex, located in the Gravesend neighborhood of Brooklyn. Matthew Albano, managing director, arranged the financing.

$2,820,000 for a four-story multifamily apartment building containing 20 units and 1,550 square feet of commercial space, located on St. Johns Place in Brooklyn. Stephen Katz, managing director, arranged the financing.

$2,500,000 for a one-story, single tenant commercial building of approximately 1,900 square feet, located in Rahway, New Jersey. Paul Greenbaum, managing member, arranged the financing.