GCP Capital Group completes 16 mortgages totaling $114.993 million

January 26, 2015 - New York City

Adam Brostovski, GCP Capital Group LLC

Matthew Classi, GCP Capital Group LLC

Paul Greenbaum, GCP Capital Group LLC

Alan Perlmutter, GCP Capital Group LLC

GCP Capital Group LLC has arranged mortgage financing in the amount of $114.993 million for the following 16 properties:
* $17.55 million for a portfolio of five six-story apartment buildings containing a total of 191 apartments and two commercial units, located in the Washington Heights section of Manhattan. Adam Brostovski, principal of GCP, arranged the financing.
* $12.93 million for a six-story apartment building containing 110 apartments and three stores and a four-story office building containing 50,000 s/f, located throughout the Bronx. Brostovski, arranged the financing.
* $11.625 million for a six-story apartment building containing 47 apartments, located on St. Nicholas Ave. in Manhattan. Brostovski, arranged the financing.
* $11.3 million for a portfolio of four multifamily apartment buildings containing a total of 129 apartments, located on the Upper West Side. Michael Charnowitz, senior associate of GCP, arranged the financing.
* $9.05 million for a portfolio of five three-story garden style apartment buildings and one six-story apartment building containing a total of 159 apartments, located throughout Queens and Manhattan. Matthew Classi, managing member of GCP, arranged the financing.
* $8.25 million for two contiguous five-story apartment buildings containing a total of 29 units, located in the Midtown West section of Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing.
* $7.65 million for a portfolio of four apartment buildings containing a total of 54 apartments and one retail unit, located throughout Manhattan. Classi arranged the financing.
* $7.55 million for a package of three four-story apartment buildings containing a total of 41 apartments and one commercial unit, located on East 76th St. in Manhattan. Stephen Katz, senior associate of GCP, arranged the financing.
* $6.45 million for a six-story apartment building containing 72 apartments, located on Valentine Ave. in the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing.
* $6.2 million for a six-story apartment building containing 26 apartments, located on West 113th St. in Manhattan. Greenbaum arranged the financing.
* $4.5 million for a retail shopping center comprised of 31,660 s/f, located in Staten Island. Perlmutter arranged the financing.
* $3.6 million for a four-story mixed-use building containing eight apartments and one commercial unit, located on East 7th St. in Manhattan. Brostovski, arranged the financing.
* $2.55 million for a five-story apartment building containing 21 apartments, located on West 150th St. in Manhattan. Brostovski arranged the financing.
* $2.4 million for two contiguous one-story retail buildings comprised of 15,000 total s/f, located on Church Ave. in Brooklyn. Greenbaum arranged the financing.
* $2 million for two contiguous, two-story vacant buildings to be redeveloped into residential apartments, located in St. Albans, Queens. Greenbaum arranged the financing.
* $1.388 million for a three-story apartment building containing 11 apartments, located on Lafayette Ave. in Brooklyn. Classi arranged the financing.
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