News: Brokerage

GCP Capital Group arranged 11 mortgage deals totaling $87.35 million

GCP Capital Group LLC has arranged mortgage financing totaling of $87.35 million for the following 11 properties: * $25 million for a garden apartment complex containing six buildings with a total of 242 units, located in Paterson, N.J. Adam Brostovski, principal of GCP, arranged the financing. * $14.5 million for three, five-story mixed-use buildings containing a total of 92 units and 18 stores, located throughout Upper Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing. * $11 million for a six-story apartment building containing 33 units and two ground floor retail units, located on Morton St. in Manhattan. Matthew Classi, managing member of GCP, arranged the financing. * $10 million for two contiguous seven-story apartment buildings containing a total of 64 apartments and 3,300 s/f of commercial space, located in Harlem. Alan Perlmutter, managing member of GCP, arranged the financing. * $7.7 million for a six-story apartment building containing 16 apartments and one store, located on St. Marks Place in Manhattan. David Sessa, senior associate of GCP, arranged the financing. * $6.25 million for a six-story apartment building containing 60 units and seven stores, located on West 180th St. in Manhattan. Greenbaum arranged the financing. * $3.2 million for a three-story office building comprised of 22,500 s/f, located on 11th Ave. in Manhattan. Greenbaum arranged the financing. * $3.2 million for a two-story elevator office building of 33,000 s/f containing 13 commercial spaces, located in Mineola, Nassau County. Matthew Classi, managing member of GCP, arranged the financing. * $2.75 million for a four-story apartment building containing 20 units, located on East 22nd St. in Brooklyn. Greenbaum arranged the financing. * $2.25 million for a five-story mixed-use building containing 24 units and two commercial units, located on East 187th St. in the Bronx. Brostovski arranged the financing. * $1.5 million for a five-story apartment building containing 20 units, located on West 138th St. in Manhattan. Stephen Katz, senior associate of GCP, arranged the financing.
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