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 in the aggregate amount of $119.284 million for the following 10 deals:
• $52.775 million combined financing for a portfolio of six multifamily apartment buildings containing a total of 504 units located throughout the Fordham Heights, Highbridge and Van Nest sections of the Bronx. Alan Perlmutter, managing member of GCP, arranged the financing.
• $17.209 million combined financing for two six-story multifamily apartment buildings containing a total of 134 units in the Prospect Lefferts Gardens and Flatbush neighborhoods of Brooklyn. Stephen Katz, senior associate of GCP, arranged the financing.
• $14.5 million combined financing for three six-story multifamily apartment buildings containing a total of 172 units and 1,200 s/f of commercial space in Manhattan and the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing.
• $9.35 million for a newly renovated, six-story mixed-use building containing nine apartments and one ground floor commercial space in Manhattan. Perlmutter arranged the financing.
• $6.55 million for a five-story multifamily apartment building containing 53 units on Ryer Ave. in the Bronx. Adam Brostovski, principal of GCP, arranged the financing.
• $5.25 million for the acquisition of an existing commercial property to be developed into a ten-story condo office building comprised of 97,800 s/f on Queens Blvd. in Woodside. Matthew Albano, managing director of GCP, arranged the financing.
• $5 million for a five-story multifamily apartment building containing 59 units, located on University Ave. in the Bronx. Jack Fried, senior associate of GCP, arranged the financing.
• $3.15 million for a four-story multifamily apartment building containing 31 units on Furman Ave. in the Bronx. Brostovski arranged the financing.
• $3 million combined financing for two four-story multifamily apartment buildings containing a total of 22 units in the Brooklyn Heights and Park Slope neighborhoods of Brooklyn. Katz arranged the financing.
• $2.5 million for a three-story townhouse containing three units on East 58th St. in Manhattan. Greenbaum arranged the financing.
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