GCP Capital Group arranges 10 mortgages totaling $87.125 million

May 21, 2019 - Financial Digest
Adam Brostovski, GCP

 

Michael Charnowitz, GCP

 

Jack Fried, GCP

 

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $87.125 million for the following 10 deals:

• $11 million for a six-story multifamily apartment building containing 57 units and 3,300 s/f of commercial space on West 175th St. in Manhattan.  Paul Greenbaum, managing member of GCP, arranged the financing.

• $11 for a six-story multifamily apartment building containing 46 units and 3,800 s/f of commercial space, on Broadway in Manhattan.  Greenbaum arranged the financing.  

• $10.65 million for a seven-story multifamily apartment building containing 66 units in Jamaica Estates, Queens. Stephen Katz, managing director of GCP, arranged the financing.

• $10.025 million for a six-story multifamily apartment building containing 58 units in the Midwood neighborhood of Brooklyn. Katz  arranged the financing.

• $9.975 million for a six-story multifamily apartment building containing 60 units in the Bay Ridge neighborhood of Brooklyn. Katz arranged the financing.  

• $7.1 million for a five-story multifamily apartment building containing 13 units and 9,000 s/f of commercial space on Riverdale Ave. in the Bronx.  David Sessa, managing director of GCP, arranged the financing.  

Paul Greenbaum, GCP

 

Stephen Katz, GCP

 

David Sessa, GCP

 

• $7 million for a six-story multifamily apartment building containing 66 units on East 184th St. in the Bronx.  Adam Brostovski, principal of GCP, arranged the financing. 

• $6.975 million for a portfolio of one multifamily apartment building and five mixed-use buildings containing a total of 41 apartments and nine commercial units throughout Brooklyn. Michael Charnowitz, managing director of GCP, arranged the financing. 

• $6.8 million for a single-story retail building comprised of 14,200 s/f on West Fordham Rd. in the Bronx.  Brostovski arranged the financing.

• $6.6 million for a six-story multifamily apartment building containing 48 units and 2,300 s/f of commercial space on East 161st St. in the Bronx.  Jack Fried, senior associate of GCP, arranged the financing.

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