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

December 22, 2014 - New York City

Adam Brostovski, GCP Capital Group LLC

Matthew Classi, GCP Capital Group LLC

Paul Greenbaum, GCP Capital Group LLC

Alan Perlmutter, GCP Capital Group LLC

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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