New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $159.93 million for the following 12 properties:
• $40 million for a seven-story commercial building comprised of 165,000 s/f in the Brownsville section of Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing.
• $25.5 million for two multifamily apartment buildings containing a total of 59 units and 6,700 s/f of commercial space on Third Ave., Manhattan. Stephen Katz, managing director of GCP, arranged the financing.
• $14.15 million for a six-story multifamily apartment building containing 110 units and three grade-level commercial units on Grand Concourse, Bronx. Adam Brostovski, principal of GCP, arranged the financing.
• An extension of a $12.7 million loan for five commercial condo units in a 15-story building, comprised of 10,000 s/f on Lexington Ave., Manhattan. Matthew Classi, managing member of GCP, arranged the financing.
• $11 million combined financing for three five-story mixed-use buildings containing 90 units and 7,450 s/f of commercial space on Grand Concourse, Bronx. David Sessa, managing director, and Louis Perlmutter, senior broker of GCP, arranged the financing.
• $10 million for an eight-story retail/office building comprised of 47,000 s/f on East 149th St., Bronx. Brostovski arranged the financing.
• $9.55 million for a six-story multifamily apartment building containing 117 units on East 175th St., Bronx. Brostovski arranged the financing.
• $8.75 million for a six-story multifamily apartment building containing 41 units and 4,660 s/f of commercial space on West 157th St., Manhattan. Sessa and Perlmutter arranged the financing.
• $8 million for a five-story multifamily apartment building containing four residential units and one ground floor retail unit on East 19th St., Manhattan. Matthew Albano, managing director of GCP, arranged the financing .
• $7.68 million for a six-story multifamily apartment building containing 84 units and 4,500 s/f of commercial space on West 10th St., Brooklyn. Greenbaum arranged the financing.
• $6.6 million for a one-story retail strip center of 15,000 s/f containing four tenants on Union Tpke., Queens. Greenbaum arranged the financing.
• $6 million for a four-story multifamily apartment building containing 37 loft-style apartments on Green St., Brooklyn. Sessa arranged the financing.
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