News: Brokerage

GCP Capital Group arranges 12 mortgage deals totaling $62.54 million

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $62.54 million for the following 12 properties: * $14 million in combined financing for a multi-building cold/dry and self-storage facility comprised of 190,000 s/f, located in the Farragut section of Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing. * $10 million combined financing for a 20-story elevator co-op apartment building containing 159 apartments and parking garage on the Upper East Side. Adam Hakim, senior associate of GCP, arranged the financing. * $8.75 million for a portfolio of four apartment buildings containing a total of 129 apartments, located throughout upper Manhattan. Michael Charnowitz, senior associate of GCP, arranged the financing. * $7.3 million for a five-building apartment portfolio containing 28 apartments and three stores, located throughout Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing. * $5.6 million for two five-story apartment buildings containing a total of 42 apartments, located on West 139th St. in Manhattan. Greenbaum arranged the financing. * $3.75 million for a five-story apartment building containing 26 apartments and five retail units, located on Amsterdam Ave. in Manhattan. Adam Brostovski, principal of GCP, arranged the financing. * $2.99 million for a gut renovated, six-story plus loft building containing nine apartments and ground floor retail of 1,050 s/f, located on Fifth Ave. in Brooklyn. Matthew Classi, managing member of GCP, arranged the financing. * $2.5 million for three interconnected industrial buildings comprised of approximately 52,500 s/f, located on Douglas Ave. in Queens. Charnowitz arranged the financing. * $2.5 million in second mortgage financing for a seven-story apartment building containing 65 units, located on Fulton St. in Brooklyn. Greenbaum arranged the financing. * $2 million for a four-story apartment building containing 16 apartments on St. Marks Ave. in Brooklyn. Charnowitz arranged the financing. * $1.7 million for two four-story apartment buildings containing a total of 23 apartments on Fulton Ave. in the Bronx. Stephen Katz, senior associate of GCP, arranged the financing. * $1.4 million for two three-story residential buildings containing a total of four apartments and one store, located on DeKalb Ave. in Brooklyn. David Sessa, senior associate of GCP, arranged the financing.
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