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 totaling of $102.125 million for the following 11 properties:
• $19.3 million for a six-story multifamily apartment building containing 39 units in the Chelsea neighborhood of Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing.
• $18.3 million in combined financing for a package of five six-story multifamily apartment buildings containing a total of 191 units and 2,850 s/f of commercial space in the Fort George and Washington Heights neighborhoods of Manhattan. Adam Brostovski, principal of GCP, arranged the financing.
• $12 million for a package of seven multifamily apartment buildings containing a total of 165 units and 1,480 s/f of commercial space, in the Morrisania neighborhood of the Bronx. Brostovski arranged the financing.
• $9.6 million for a six-story multifamily apartment building containing 25 residential units and four commercial units on the Upper East Side of Manhattan. Perlmutter arranged the financing.
• $9.5 million for a six-story multifamily apartment building containing 43 units and 6,200 s/f of commercial space on West 176th St., Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.
• $9 million for a four-story mixed-use building containing eight apartments and 1,800 s/f of commercial space in Brooklyn Heights. Perlmutter arranged the financing.
• $6.5 million for a six-story multifamily apartment building containing 74 units and 2,000 s/f of commercial space on Newtown Ave. in Queens. Brostovski arranged the financing.
• $6.2 million for an eleven-story mixed-use loft building containing six loft apartments and 6,800 s/f of commercial space in the Flatiron neighborhood of Manhattan. Matthew Classi, managing member of GCP, arranged the financing.
• $5 million for three five-story multifamily apartment buildings containing a total of 68 units in the East Village of Manhattan. Greenbaum arranged the financing.
• $3.725 million combined financing for two five-story multifamily apartment buildings containing a total of 32 units on University Ave. in the Bronx. David Sessa, managing director of GCP, arranged the financing.
• $3 million combined financing for three five-story mixed-use buildings containing a total of 18 apartments and 12,225 s/f of commercial space on Pleasant Ave. in Manhattan. Sessa arranged the financing.
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