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GCP Capital Group LLC.

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $7,260,000 for the following multi-family properties:

$4 million for two five-story walk-up and one four-story walk-up apartment buildings containing a total of 31 units, with 105 rooms and five stores, located on First Ave. in New York City; $935,000 for one five-story walk-up and one four-story walk-up apartment building containing a total of 16 units with 48 rooms, located on Ninth Ave.; $1,100,000 for a five-story walk-up apartment building containing 16 units with 48 rooms, located on Ninth Ave.; and $1,225,000 for a five-story walk-up apartment building, containing 17 units with 52 rooms, located on Clinton St.

Adam Brostovski, senior associate of GCP Capital Group LLC, arranged the financing for these transactions.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 20, 2000
Words:132
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