GCP Capital Group arranges 15 mortgages totaling $120.981 million

July 19, 2016 - Financial Digest

New York, NY GCP Capital Group LLC has arranged 15 mortgage financing deals totaling $120.981 million for the following properties:

• $26.181 million for a portfolio of nine four-story multifamily apartment buildings containing 203 units and one commercial space in the Crown Heights neighborhood of Brooklyn. Adam Brostovski, principal of GCP, arranged the financing.

• $18.5 million for a six-story, 31,550 s/f mixed-use commercial building in SoHo, Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing.

• $14.7 million for a six-story multifamily apartment building containing 36 apartments and 5,140 s/f of commercial space on Broadway, Manhattan. Alan Perlmutter arranged the financing.

• $13 million for a seven-story multifamily apartment building containing 93 units and one professional office on Hamilton Pl., Manhattan. Brostovski arranged the financing.

• $11.6 million for the development of a six-story condo building to contain six residential units on the Upper East Side, Manhattan.  Matthew Albano, senior broker of GCP, arranged the financing.   

• A loan extension in the amount of $9.4 million for a to-be-built seven-story apartment building containing 36 apartments and ground floor retail on Fulton St., Brooklyn. Albano arranged the financing.

• $4.5 million for a six-story loft-style mixed-use building containing four apartments and two commercial units in TriBeCa. Brostovski arranged the financing.

• $4.25 million for a six-story multifamily apartment building containing 36 units on West 158th St., Manhattan. Louis Perlmutter, senior associate of GCP, arranged the financing.

• $4 million for a six-story multifamily apartment building containing 68 units and five stores on East Kingsbridge Rd., Bronx. Brostovski arranged the financing.

• $3.7 million for a five-story multifamily apartment building containing 27 units and three stores on West 207th St. in Manhattan. Louis Perlmutter arranged the financing.

• $3.2 million for a three-story mixed-use building containing five apartments and 1,450 s/f of commercial space in the Bushwick, Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing.

• $3.1 million combined financing for a four-story apartment building containing 16 units in Tremont, Bronx and a four-story apartment building containing 23 units in the Bedford, Bronx. Stephen Katz, senior associate of GCP, arranged the financing.

• A $1.75 million second mortgage for a three-story office building comprised of 22,500 s/f in the Midtown West section, Manhattan. Greenbaum arranged the financing.

• $1.7 million for a four-story multifamily apartment building containing 10 units on South Oxford St., Brooklyn. Albano arranged the financing.

• $1.3 million for a three-story multifamily apartment building containing 15 units on Ann St., Staten Island. Albano arranged the financing.

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