News: Finance

GCP Capital Group arranges eight mortgages totaling $95.9 million

Matthew Albano

 

Adam Brotovski

 

Matthew Classi

 

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $95.9 million for the following eight New York City mortgage deals:

• $23.85 million for a five-story multifamily apartment building containing 110 units and 2,240 s/f of commercial space on Taaffe Pl., Brooklyn. Adam Brostovski, managing member of GCP arranged the financing.

• $18 million for a nine-story multifamily apartment building containing 21 units and 2,900 s/f of commercial space on East 81st St., Manhattan.  Matthew Classi, managing member of GCP, arranged the financing. 

• $17.5 million for a nine-story mixed-use loft building comprised of two luxury duplex apartment units, four office tenants and one ground floor retail unit on Fifth Ave., Manhattan. Classi arranged the financing.  

• $15.9 million in combined financing for three multifamily apartment buildings containing a total of 99 units and 7,100 s/f of commercial space in the Norwood, Belmont and East Tremont sections of the Bronx.  Brostovski arranged the financing.

Paul Greenbaum

 

Alan Perlmutter

 

• $7.05 million in combined financing for a mixed-use building containing eight apartments and two  commercial units in Manhattan, and a single-story retail strip center of 10,000 s/f and two contiguous mixed-use buildings containing a total of 20 apartments and four commercial units throughout the Bronx. Brostovski arranged the financing.

• $6 million for two contiguous six-story multifamily apartment buildings containing a total of 49 units and three commercial spaces, located on East 7th St., Manhattan. Matthew Albano, managing director of GCP, arranged the financing.

• $4.2 million for a three-building neighborhood shopping center comprised of 30,400 s/f in Staten Island.  Alan Perlmutter, managing member of GCP, arranged the financing.  

• $3.4 million for a single-story commercial building comprised of 14,000 s/f on Cropsey Ave., Brooklyn.  Paul Greenbaum, managing member of GCP, arranged the financing.

Tags: Finance
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