New York, NY GCP Capital Group LLC has arranged eight mortgage financings totaling $91.365 million. The deals include the following:
• $40 million for five multifamily apartment buildings containing a total of 296 units and 35,500 s/f of commercial space in the Inwood neighborhood of Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.
• $13.2 million in construction financing for the development of an eight-story condominium complex containing 22 units in the East Village neighborhood of Manhattan. Matthew Albano, managing director of GCP, arranged the financing.
• $8.6 million in combined financing for two one-story retail shopping centers comprised of gross 29,450 s/f in Eastchester and the Bronx. Greenbaum arranged the financing.
• $7.5 million for a six-story multifamily apartment building containing 48 units in the Washington Heights neighborhood of Manhattan. Stephen Katz, managing director of GCP, arranged the financing.
• $7.365 million for a six-story multifamily apartment building containing 66 apartments and 5,400 s/f of commercial space on Nagle Ave., Manhattan. Adam Brostovski, principal of GCP, arranged the financing.
• $7 million for a four-story commercial building comprised of 28,500 s/f on Queens Blvd. in Sunnyside. Greenbaum arranged the financing.
• $5 million for a 54,150 s/f, two-story commercial building containing eight retail units on Rockaway Blvd., Queens. Matthew Classi, managing member of GCP, arranged the financing.
• $2.7 million for a five-story multifamily apartment building containing 10 units in the East Village neighborhood of Manhattan. Alan Perlmutter, managing member, and Mike Hennessy, associate of GCP, arranged the financing.
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