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GCP Capital Group LLC.


GCP GCP Good Clinical Practice
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GCP Grand Central Parkway (New York) 
 Capital Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, one of the nation's most active companies specializing in real estate financing, has arranged mortgage financing in the aggregate amount of $18,930,000 for the following properties:

$2,100,000 for a six-story, elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
 apartment building containing 66 units with 243 rooms and 9 stores, located on Westbury Westbury, residential village (1990 pop. 13,060), Nassau co., SE N.Y., on Long Island; settled 1650, inc. 1932. The State Univ. of New York's Westbury campus is located in the village. Harness races are held at Roosevelt Raceway there.  Court in Brooklyn Brooklyn (brk`lĭn), borough of New York City (1990 pop. 2,300,664), 71 sq mi (184 sq km), coextensive with Kings co., SE N.Y. ; $1,875,000 for a six-story, elevator apartment building containing 64 units with 252 rooms, 3 stores and 2 medical offices, located on Grand Concourse in The Bronx; $1,330,000 for a five-story, walk-up apartment building containing 59 units with 224 rooms, located on Morris Avenue in The Bronx; $2,200,000 for a six-story, walk-up apartment building containing 101 units with 355 rooms and 1 store, located on Bailey Avenue in The Bronx; $1,225,000 for a six-story, elevator apartment building containing 55 units with 152 rooms and 4 stores, located on Audubon Avenue in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
; $2,000,000 for a six-story, elevator apartment building containing 83 units with 227.5 rooms, located on West 227th Street in New York City; $2,000,000 for a six-story, elevator apartment building containing 59 units with 200.5 rooms and 7 stores, located on West 2281h Street in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Ci ty; $900,000 for a six-story, elevator apartment building containing 43 units with 232.5 rooms, located on Wadsworth Avenue in New York City; $1,000,000 for 2 five-story, walk-up apartment buildings containing 61 units with 239 rooms, located on West 18th Street in New York City; $1,750,000 for a six-story, elevator apartment building containing 56 units with 188 rooms and 4 stores, located on West 177th Street in New York City; $1,500,000 for a six-story, elevator apartment building containing 38 units with 183 rooms and 6 stores, located on West 184/" Street in New York City; and $1,050,000 for a six-story, walk-up apartment building containing 39 units with 149 rooms and 2 stores, located on Broadway in New York City.

The loans featured an interest rate of 8.25 percent fixed for 10 years, with additional 5-year options. These loans were par (no fee) deals and were interest only (no' amortization) for the entire 15-year loan term.

Paul Greenbaum, Managing Member, and Adam Brostovski, Senior Associate of GCP Capital Group LLC, arranged the financing for these transactions on behalf of Milbrook Properties.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 14, 2000
Words:400
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