GCP Capital Group arranges four deals totaling $17.905 million
Alan Perlmutter
Matthew Classi
Adam Brostovski
Paul Greenbaum
New York, NYGCP Capital Group LLC has arranged mortgage financing for the following properties:
$6.16 million for a five-story multifamily apartment building containing 53 units, located on Morris Ave. in the Bronx. Adam Brostovski, managing member of GCP Capital Group, arranged the financing.
$5.6 million for a two building garden-style complex containing a total of 40 units, located in Spring Valley. Paul Greenbaum, managing member of GCP Capital Group, arranged the financing.
$4.875 million for a six-story mixed-use building containing 20 apartments and 3,000 s/f of commercial space, located in the Lower East Side of Manhattan. Alan Perlmutter, managing member of GCP Capital Group, arranged the financing.
$1.27 million for a single tenant, 3,053 s/f commercial retail property occupied by 7-11, located in Maryland. Matthew Classi, managing member of GCP Capital Group, arranged the financing.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent