GCP Capital Group arranges nine mortgages totaling $108.625 million

Michael Charnowitz,
GCP Capital Group LLC

Manhattan, NY GCP Capital Group LLC has arranged mortgage financing totaling $108.625 million for the following properties:

$25 million for a five-story multifamily apartment building containing 80 units and two stores, located in Long Island City. Adam Brostovski, managing member of GCP arranged the financing.
$18 million for a nine-story multifamily apartment building containing 21 units and two commercial units, located on East 81^st St. Matthew Classi, managing member of GCP arranged the financing.
$14 million for a six-story multifamily apartment building comprised of 29,460 s/f, located on Audubon Ave. Paul Greenbaum, managing member of GCP arranged the financing.
$9.45 million for a six-story mixed-use building containing 54 apartments and five commercial units, located on West 129^th St. Michael Charnowitz, managing director of GCP arranged the financing.
$17.1 million combined financing for a portfolio of nine five-story multifamily apartment buildings containing a total of 242 units, located throughout the Bronx. Brostovski arranged the financing.
$13.2 million for two contiguous five-story multifamily apartment buildings containing a total of 24 units and 6,300 s/f of commercial space, located on Amsterdam Ave. Greenbaum arranged the financing.
$3.175 million for a six-story multifamily apartment building containing 29 units, located on Willoughby Ave. in Brooklyn. Charnowitz arranged the financing.
$1.25 million for a three-story multifamily apartment building containing six units, located on Hancock St. in Brooklyn. Matthew Albano, managing director of GCP arranged the financing.
$7.45 million for a six-story multifamily apartment building containing 47 units, located on West 172^nd St. David Sessa, managing director of GCP arranged the financing.

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