GCP Capital Group arranges 10 mortgages totaling $119.284 million

October 17, 2017 - Financial Digest
Matthew Albano, GCP

 

Adam Brostovski, GCP

 

Jack Fried, GCP

 

New York, NY GCP Capital Group LLC, one of the nation’s most active companies specializing in commercial real estate finance, has arranged mortgage financing in the aggregate amount of $119.284 million for the following 10 deals: 

• $52.775 million combined financing for a portfolio of six multifamily apartment buildings containing a total of 504 units located throughout the Fordham Heights, Highbridge and Van Nest sections of the Bronx. Alan Perlmutter, managing member of GCP, arranged the financing.

• $17.209 million combined financing for two six-story multifamily apartment buildings containing a total of 134 units in the Prospect Lefferts Gardens and Flatbush neighborhoods of Brooklyn. Stephen Katz, senior associate of GCP, arranged the financing.

• $14.5 million combined financing for three six-story multifamily apartment buildings containing a total of 172 units and 1,200 s/f of commercial space in Manhattan and the Bronx.  Paul Greenbaum, managing member of GCP, arranged the financing. 

• $9.35 million for a newly renovated, six-story mixed-use building containing nine apartments and one  ground floor commercial space in Manhattan. Perlmutter arranged the financing.

• $6.55 million for a five-story multifamily apartment building containing 53 units on Ryer Ave. in the Bronx. Adam Brostovski, principal of GCP, arranged the financing.

• $5.25 million for the acquisition of an existing commercial property to be developed into a ten-story condo office building comprised of 97,800 s/f on Queens Blvd. in Woodside. Matthew Albano, managing director of GCP, arranged the financing.

Stephen Katz, GCP

 

Paul Greenbaum, GCP

 

Alan Perlmutter, GCP

 

• $5 million for a five-story multifamily apartment building containing 59 units, located on University Ave. in the Bronx. Jack Fried, senior associate of GCP, arranged the financing.

• $3.15 million for a four-story multifamily apartment building containing 31 units on Furman Ave. in the Bronx. Brostovski arranged the financing.

• $3 million combined financing for two four-story multifamily apartment buildings containing a total of 22 units in the Brooklyn Heights and Park Slope neighborhoods of Brooklyn. Katz arranged the financing.

• $2.5 million for a three-story townhouse containing three units on East 58th St. in Manhattan. Greenbaum arranged the financing.

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