News: Finance

GCP Capital Group arranges 16 transactions totaling $84.72 million

GCP Capital Group LLC, has arranged mortgage financing in the combined amount of $84.72 million. $23.4 million for a package of five multifamily properties containing a total of 324 units and a one-story retail taxpayer containing eight units, located throughout Brooklyn and Queens. Alan Perlmutter, managing member of GCP, arranged the financing. $2.2 million for a six-story elevator townhouse comprised of a medical office on the lower floors, a floor through one-bedroom and triplex five-bedroom, located on East 71st St. in Manhattan. Matthew Albano, senior consultant of GCP arranged the financing. $4.5 million for a five-story, gut renovated elevator loft building containing 6 residential units and 1 commercial unit, located on Mercer St. in Manhattan. Matthew Classi, managing member of GCP arranged the financing. $3.55 million for a six-story walk-up apartment building containing 51 units and four stores, located on Walton Ave. in the Bronx. Adam Brostovski, principal of GCP arranged the financing. $3 million for a five-story apartment building containing 38 units and four stores, located on Jerome Ave. in the Bronx. Brostovski arranged the financing. $1.545 million for a five-story walk-up apartment building containing 20 units and two stores, located on Audubon Ave. in Manhattan. Brostovski arranged the financing. $14 million for three parking garages in Manhattan. Perlmutter arranged the financing. $6 million for a vacant 18-story high-rise building being converted into a mixed-use loft style building, located in Jersey City, N.J. Brostovski arranged the financing. $1 million for a retail condominium located in a seven-story apartment building, situated on West 119th St. in Manhattan. Brostovski arranged the financing. $7.5 million for two five-story elevator apartment buildings containing a total of 83 units, located on Amsterdam Ave. in Manhattan. Paul Greenbaum, managing member of GCP arranged the financing. $3 million for a five-story walk-up apartment building containing 33 units, located on Audubon Ave. in Manhattan. Greenbaum arranged the financing. $8.3 million for three five-story walk-up apartment buildings containing a total of 99 units with four stores, located on West 147th St. in Manhattan. Brostovski arranged the financing. A $3.5 million acquisition loan for four four-story residential buildings to be redeveloped, located on East 82nd St. in Manhattan. Classi arranged the financing. $1.125 million for a three-story apartment building containing six units, located on North Henry St. in Brooklyn. Albano arranged the financing. $1.1 million for a four-story walk-up apartment building containing 19 units, located on Beverly Rd. in Brooklyn. Brostovski arranged the acquisition financing. $1 million for a four-story walk-up apartment building containing eight units, located on MacDonough St. in Brooklyn. Brostovski arranged the financing.
Tags: Finance
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