GCP Capital Group has arranged mortgage financing in the aggregate amount of $30,775,000 for the following properties with a combined 336 homes:
• $12,950,000 combined financing for two 55+ senior citizen apartment complexes containing a total of 18 two-story buildings and 164 units, located in West Sayville and Islip, Suffolk County, New York. Matthew Classi, Managing Member of GCP Capital Group, arranged the financing for these transactions.
• $8,325,000 combined financing for a four-story multifamily apartment building containing 12 units, located in Yonkers, New York and two five-story multifamily apartment buildings containing a total of 69 units, located in the Bronx, New York. Jack Fried, Senior Associate of GCP Capital Group, arranged the financing for these transactions.
• $8,000,000 combined financing for three five-story multifamily apartment buildings containing a total of 81 units and 1,400 s/f of commercial space, located in the Fordham and Belmont neighborhoods of the Bronx, New York. Adam Brostovski, Principal of GCP Capital Group, arranged the financing for these transactions.
• $1,500,000 combined second mortgage financing for two development projects resulting in a total of 10 residential apartments and approximately 9,250 s/f of ground floor commercial space, located in the Williamsburgh neighborhood of Brooklyn. Matthew Albano, Managing Director of GCP, arranged the financing for these transactions.
