GCP Capital Group arranges eight mortgages totaling $109.97 million

February 18, 2020 - Financial Digest

 Manhattan, NY GCP Capital Group LLC has arranged mortgage financing for the following properties:

• $7 million for four contiguous three-story mixed-use buildings containing a total of eight apartments and 6,900 s/f of commercial space, located on Marcy Ave. in Brooklyn.  Matthew Albano, managing director of GCP arranged the financing for this transaction. 

• $9.8 million for a portfolio of five five-story multifamily apartment buildings containing a total of 79 units, located throughout the Morris Heights neighborhood of the Bronx.  Adam Brostovski, managing member of GCP, arranged the financing for this portfolio.  

• $7.5 million for a four-story multifamily apartment building containing 16 units, located on the Upper East Side. Alan Perlmutter, managing member of GCP, arranged the financing for this transaction.  

• $6.5 million for a five-story multifamily apartment building containing 45 units, located on Davidson Ave. in the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing for this transaction. 

• $10 million combined 10 year fixed rate financing for five single tenant, 7-11 retail stores located throughout Long Island containing a total of 14,000 s/f. Matthew Classi, managing member of GCP arranged the financing for these transactions.  

• $22 million for a 55 and over apartment complex containing 271 units, located in East Farmingdale, Suffolk County. Classi arranged the financing for this transaction.  

• $8.25 million for 27 commercial condominium units located in Norwalk, CT. Greenbaum arranged the financing for this transaction.  

• $38.92 million for a garden-style apartment complex containing 24 two-story buildings with a total of 338 units, located in Toms River, N.J.  Brostovski arranged the financing for this transaction.

 

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