GCP Capital Group arranges 12 mortgages totaling $95.278 million

September 19, 2017 - Financial Digest

New York, NY GCP Capital Group LLC has arranged mortgage financing in the amount of $95.278 million for the following 12 properties:

• $14 million for a six-story multifamily apartment building containing 99 units and 2,000 s/f of commercial space on West 147th St. in Manhattan. Adam Brostovski, principal of GCP, arranged the financing.  

• $14 million for two adjacent six-story mixed-use buildings containing a total of 42 units and 4,000 s/f of commercial space on Ninth Ave. in Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.

• $11.5 million for two six-story mixed-use buildings containing 51 apartments and 845 s/f in the East Village, Manhattan. Perlmutter arranged the financing.

• $9 million for a ten-story mixed-use and a four-story mixed-use building containing 58 units and 6,600 s/f  on West 141st St. in Manhattan. Perlmutter arranged the financing. 

• $7.7 million for a five-story multifamily apartment building containing 44 units and 3,200 s/f on 51st St., Queens.  Perlmutter arranged the financing. 

• $6.85 million for a six-story multifamily apartment building containing 59 units on 41st St., Queens.  Perlmutter arranged the financing. 

• $6.593 million for a six-story multifamily apartment building containing 40 units on 46th St., Queens. Perlmutter arranged the financing.

• $6.5 million for a five-story mixed-use building containing eight apartments and 1,700 s/f on Columbus Ave., Manhattan. Greenbaum arranged the financing. 

• $6 million combined financing for two fully occupied multifamily buildings containing a total of 10 units in the Williamsburg section of Brooklyn and the Hell’s Kitchen neighborhood of Manhattan. David Sessa, senior associate of GCP, arranged the financing.

• $5.9 million combined financing for three mixed-use buildings containing seven apartments and 5,000 s/f in the Park Slope and Prospect Heights sections of Brooklyn. Matthew Classi, managing member and Jack Fried, senior associate of GCP, arranged the financing.

• $5.1 million for a ground floor and lower level retail cooperative unit comprised of 8,500 s/f on Broadway on the Upper West Side, Manhattan. Sessa arranged the financing.

• $2.135 million for two two-story multifamily apartment buildings containing eight units on Greene Ave., Queens. Matthew Albano, managing director of GCP, arranged the financing.

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