GCP Capital Group arranges 13 mortgages totaling $117.925 million

February 21, 2017 - Financial Digest

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $117.925 million for the following 13 deals:

• $25 million for three six-story multifamily apartment buildings containing a total of 205 units, located in Rego Park, Queens.  Alan Perlmutter, managing member of GCP, arranged the financing.

• $15 million for a fully leased, 8,122 s/f two-level retail condominium situated on the ground floor and lower level of a recently completed 57-unit condominium building, located on Second Ave. in Manhattan.  David Sessa, senior associate of GCP, arranged the financing.

• $15 million for a six-story multifamily apartment building containing 54 units, located on Fifth Ave. in Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.

• $14.1 million for a six-story multifamily apartment building containing 47 units, located on St. Nicholas Ave. in Manhattan. Adam Brostovski, principal of GCP Capital Group, arranged the financing.

• $9 million for a six-story mixed-use building containing 15 apartments and 2,400 s/f of commercial space, located on Orchard St. in Manhattan.  Greenbaum arranged the financing.

• $7.8 million for two five-story multifamily apartment buildings containing a total of 60 units, located on Crescent St. in Long Island City.  Matthew Albano, senior broker of GCP, arranged the financing.    

• $7.2 million for a new three-story commercial building comprised of 23,600 s/f, located on Fulton St. in Brooklyn. Greenbaum arranged the financing.

• $6.45 million for a six-story multifamily apartment building containing 48 units, located on West 157th St. in Manhattan. Brostovski arranged the financing.   

• $5.5 million for an eight-story multifamily apartment building containing 41 units and two commercial units, located on East 35th St. in Manhattan. Matthew Classi, managing member of GCP, arranged the financing.

• $4.5 million for a one-story commercial building comprised of 15,000 s/f, located on Junction Blvd. in Queens. Greenbaum arranged the financing.

• $3.675 million for a three-story mixed-use building containing two apartments and 2,200 s/f of commercial space, located on MacDougal St. in Manhattan. Brostovski arranged the financing.

• $2.8 million combined financing for three, three-story mixed-use buildings containing a total of six apartments and three commercial units, located throughout Brooklyn.  Greenbaum arranged the financing.   

• $1.9 million for a one-story, retail building comprised of 4,800 s/f, located on Nagle Ave. in Manhattan.  Brostovski arranged the financing.

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