News: Brokerage

GCP Capital arranges multiple mortgages totaling $120.127 million; includes $36 million for a portfolio of five buildings by Greenbaum

GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged mortgage financing in the aggregate amount of $120.127 million for the following properties: * $36 million for a portfolio of five buildings containing a total of 300 units and 30,545 s/f of commercial space, located throughout Upper Manhattan. Paul Greenbaum, Managing Member of GCP Capital Group, arranged the financing for this transaction. * $10 million for a six-story apartment building containing 32 units and 1 ground floor retail unit, located on Grove St. in Manhattan. Matthew Classi, managing member of GCP arranged the financing. * $8.5 million for a six-story apartment building containing 39 units and 8 stores, located on West 137th St. in Manhattan. Paul Greenbaum, managing member of GCP arranged the financing. * $4 million for a five-story mixed-use building containing 3 apartments and 1 commercial unit, located on Second Ave. in Manhattan. Matthew Albano, senior broker of GCP arranged the financing. * $11 million for a ten-story mixed-use apartment building containing 75 units and 5,300 s/f of commercial space, located on West 157th St. in Manhattan. Greenbaum arranged the financing. * $5 million for a six-story mixed-use apartment building containing 34 units and 7 stores, located on St. Nicholas Ave. in Manhattan. Greenbaum arranged the financing. * $3.6 million for a five-story apartment building containing 20 units, located on East 83rd St. in Manhattan. Albano arranged the financing. * $3.282 million for a five-story apartment building containing 28 apartments and 7 stores, located on Creston Ave. in the Bronx. Adam Brostovski, principal of GCP arranged the financing. * $9 million for a portfolio of four apartment buildings containing a total of 141 units, located on West 91st St. in Manhattan. Greenbaum arranged the financing. * $5.75 million for a six-story apartment building containing 42 units and 5 stores, located on West 164th St. in Manhattan. Greenbaum arranged the financing. * $3.1 million for a portfolio of 4 apartment buildings containing a total of 78 units and 3,500 s/f of commercial space, located on Wadsworth Ave. in Manhattan. Brostovski arranged the financing. * $2.145 million for a five-story apartment building containing 26 apartments, located on West 172nd St. in Manhattan. Brostovski arranged the financing. * $14 million for a six-story mixed-use apartment building containing 20 units and 2 stores, located in the Financial District of Manhattan. Brostovski arranged the financing. * $4.75 million for a five-story apartment building containing 53 units, located on West 105th St. in Manhattan. Greenbaum arranged the financing. $4 million for a six-story mixed-use apartment building containing 35 units and 5 retail units, located on West 162nd St. in Manhattan. Greenbaum arranged the financing. * $5.2 millione for a five-story apartment building containing 44 units, located in the Inwood section of Manhattan. Alan Perlmutter, Managing Member of GCP Capital Group, arranged the financing for this transaction. * $2.4 million for a package of 3 apartment buildings containing a total of 11 apartments, located throughout Brooklyn and Queens. Albano arranged the financing for this transaction.
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