GCP Capital Group arranges 17 mortgages totaling $139.403 million

May 16, 2017 - Financial Digest
Matthew Albano,
GCP

 

Adam Brostovski,
GCP

 

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Michael Charnowitz,
GCP

 

New York, NY GCP Capital Group LLC has arranged mortgage financing in the amount of $139.403 million for the following 17 deals:

• $18 million for adjacent seven-story and three-story multifamily apartment buildings containing a total of 127 units on East 140th St., Bronx. Paul Greenbaum, managing member of GCP, arranged the financing.

• $15.7 million for two contiguous five-story multifamily apartment buildings containing 131 units with 1,400 s/f of commercial space in the Inwood section of Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing. 

• $14.1 million for three contiguous five-story multifamily apartment buildings containing 73 units with 1,500 s/f of commercial space on the Lower East Side of Manhattan.  Perlmutter arranged the financing. 

• $11.4 million combined debt and equity for a six-story multifamily apartment building containing 61 units in Fordham, Bronx. Adam Brostovski, principal of GCP, arranged the financing and equity raise.

• $11.1 million for a three-story commercial building comprised of 54,200 s/f on Queens Blvd., Sunnyside. Brostovski arranged the financing.

• $9 million for a nine-story commercial building comprised of 22,000 s/f on East 45th St., Manhattan. Greenbaum arranged the financing.

• $8.225 million for a five-story multifamily apartment building containing 19 units in the SoHo neighborhood of Manhattan. Perlmutter arranged the financing. 

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Matthew Classi,
GCP

 

Paul Greenbaum,
GCP

 

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Alan Perlmutter,
GCP

 

• $7.85 million combined financing for three multifamily apartment buildings containing 28 units and a five-story townhouse containing three units in the Bronx and in the East Harlem section of Manhattan. Stephen Katz, senior associate of GCP, arranged the financing.

• $6.7 million combined financing for two six-story multifamily apartment buildings containing a total of 72 units on East 15th St., Brooklyn. Michael Charnowitz, senior associate of GCP, arranged the financing.

• $6.003 million combined financing for four multifamily apartment buildings containing a total of 65 units and 4,040 s/f of commercial space, in Yonkers and the Bronx. Jack Fried, senior associate of GCP, arranged the financing.

• $6 million for three contiguous four-story multifamily apartment buildings with 27 units on 29th St., Astoria. Matthew Albano, managing director of GCP arranged the financing.

• $5.675 million for a six-story multifamily apartment building containing 42 units on West 158th St., Manhattan. Charnowitz arranged the financing.

• $5 million for a six-story multifamily apartment building containing 52 units in Elmhurst, Queens. Greenbaum arranged the financing.   

• $4.35 million combined financing for a four-story multifamily building containing eight units and a three-story mixed-use building containing four units and 1,850 s/f of commercial space in the Greenpoint and Fort Greene sections of Brooklyn.  Matthew Classi, managing member of GCP, arranged the financing.

• $3.8 million for an eight-story commercial building comprised of 20,830 s/f on East 32nd St. in Manhattan. Perlmutter arranged the financing.

• $3.5 million for a five-story multifamily apartment building containing 46 units on Naples Terrace, Bronx. Classi arranged the financing.   

• $3 million for a five-story multifamily apartment building containing 51 units on Bainbridge Ave.,  Bronx. Classi arranged the financing.