GCP Capital Group arranges 12 mortgages totaling $66.825 million

January 24, 2017 - Financial Digest

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $66.825 million for the following 10 deals:

• $9.3 million for a six-story mixed-use building containing 54 apartments and 3,100 s/f of commercial space, located on West 129th St. in Manhattan. Michael Charnowitz, senior associate of GCP, arranged the financing. 

• $8.5 million for the redevelopment of an existing one-story and four story contiguous buildings into an eight-story condominium building containing 13 condo apartments with ground floor retail condominiums, located in Williamsburg, Brooklyn.  Matthew Albano, senior broker of GCP, arranged the financing. 

• $8.5 million for two contiguous mixed-use buildings containing a total of four apartments and six commercial units, located on West 26th St. in Manhattan. Adam Brostovski, principal of GCP, arranged the financing.

• $8.3 million combined financing for a portfolio of three multifamily apartment buildings containing a total of 30 units, located in the Chelsea and Midtown-East neighborhoods of Manhattan. Brostovski arranged the financing.   

• $7 million for a portfolio of 80 cooperative apartment units located within four contiguous apartment buildings, located in Astoria, Queens.  Matthew Classi, managing member of GCP, arranged the financing.

• $5.4 million for three adjacent three-story town houses containing a total of three units and one commercial unit, located in the Clinton Hill section of Brooklyn.  Jack Fried, senior associate of GCP, arranged the financing.   

• $5.4 million for a six-story mixed-use building containing five apartments and one commercial unit, located on East 28th St. in Manhattan.  Charnowitz arranged the financing.   

• $3.9 million for a four-story, four family townhouse comprised of 4,800 s/f, located on the Upper East Side of Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.   

• $3.5 million for seven residential condominium units located within a nine-story condominium building, located on East 24th St. in Manhattan.  David Sessa, senior associate of GCP, arranged the financing.   

• $3 million for a four-story multifamily apartment building containing 25 units, located on East 31st St. in Brooklyn. Greenbaum arranged the financing.   

• $2.025 million for two three-story mixed-use buildings containing a total of eight apartments and one retail unit, located in the Bushwick section of Brooklyn.  George Spanos, senior associate of GCP, arranged the financing.

• $2 million for two contiguous three-story apartment buildings containing a total of 17 units, located on East 135th St. in the Bronx.  Greenbaum arranged the financing.

Thanks for Reading!
You've read 1 of your 3 guest articles
Register and get instant unlimited access to all of our articles online.

Sign up is quick, easy, & FREE.
Subscription Options
Already have an account? Login here
Tags:

Comments

Add Comment