News: Brokerage

GCP negotiates 15 mortgages totaling $158.62 million: Includes $51 million for a 14-story apartment on the Upper West Side by Perlmutter

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $158.62 million for the following 15 properties: * $51 million for a 14-story apartment building containing 247 units and 8,900 s/f of professional office space, located on the Upper West Side of New York. Alan Perlmutter, managing member of GCP, arranged the financing. * $25 million for a portfolio of three six-story apartment buildings containing a total of 107 apartments and 14,100 s/f of commercial space, located in the Washington Heights section of Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing. * $16 million for a three-story commercial building comprised of 36,500 s/f, located on West 125th St. in Manhattan. Perlmutter arranged the financing. * $15 million for an eight-story apartment building containing 137 apartments, located in Mount Vernon. Greenbaum arranged the financing. * $7.575 million for a six-story apartment building containing 47 units, located on Carroll St. in Brooklyn. Greenbaum arranged the financing. * $6.5 million for a six-story apartment building containing nine apartments and a 5,500 s/f commercial space occupied by a medical tenant, located on Fifth Ave. in Brooklyn. Matthew Classi, managing member of GCP, arranged the financing. * $6.5 million for a one-story retail building comprised of 9,200 s/f, located on Flatbush Ave., Brooklyn. Classi and Fried arranged the financing. * $6.4 million for three apartment buildings containing a total of 50 apartments, located on East 7th St. in Manhattan. Matthew Albano, senior broker of GCP, arranged the financing. * $6.075 million for a five-story apartment building containing 56 apartments, located on Grand Concourse in the Bronx. Adam Brostovski, principal of GCP, arranged the financing. * $4.75 million for a four-story mixed-use building containing six apartments and 3,300 s/f of commercial space, located on Flatbush Ave. in Brooklyn. Classi and Jack Fried, senior associate of GCP, arranged the financing. * $4.2 million for five contiguous mixed-use buildings containing a total of 10 apartments and five commercial units, located in Forest Hills, Queens. Greenbaum arranged the financing. * $3 million for two five-story walk-up apartment buildings containing 20 units and 4,225 s/f of commercial space, located on Melrose Ave. in the Bronx. Brostovski arranged the financing. * $2.97 million for two four-story apartment buildings containing a total of 14 apartments, located throughout Brooklyn. Classi arranged the financing. * $2.25 million for a five-story apartment building containing 27 apartments, located on Bedford Park Blvd. in the Bronx. Brostovski arranged the financing. * $1.4 million for a three-story apartment building containing five apartments, located on Seneca Ave. in Queens. Classi arranged the financing.
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