News: Brokerage

GCP Capital arranges 16 mortgage deals totaling $103.125 million

GCP Capital Group LLC has arranged mortgage financing totaling $103.125 million for the following 16 deals: * $22.45 million for a portfolio of multiple apartment buildings containing a total of 46 apartments and ground floor commercial, located throughout Manhattan. Adam Hakim, senior associate of GCP, arranged the financing. * $20 million for a ground floor and lower level retail condo comprised of 20,560 s/f, located in the Chelsea section of Manhattan. Hakim arranged the financing. * $11 million for a six-story mixed-use building containing 62 units and 5,900 s/f of commercial space, located on Broadway, Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing. * $11 million for six elevator apartment buildings containing a total of 117 units on Union St., Brooklyn. Greenbaum arranged the financing. * $9.5 million for a six-story mixed-use building containing 43 units and 6,100 s/f of commercial space, located on West 176th St., Manhattan. Greenbaum arranged the financing. * $7.75 million for a six-story apartment building containing 85 units, located on Sheridan Ave., Bronx. Greenbaum arranged the financing. * $5.775 million for a six-story mixed-use building containing 57 apartments and six stores on Sedgwick Ave., Bronx. Adam Brostovski, principal of GCP, arranged the financing. * $5.35 million for a six-story apartment building containing 61 units and 5,000 s/f of commercial space, located on Jerome Ave., Bronx. Brostovski arranged the financing. * $4.5 million for two contiguous six-story apartment buildings containing a total of 84 units, located on Cauldwell Ave., Bronx. Michael Charnowitz, senior associate of GCP, arranged the financing. * $4 million for a five-story mixed-use building containing 49 units and 1,450 s/f of commercial space, located on Davidson Ave., Bronx. Charnowitz arranged the financing. * $2 million for a three-story mixed-use building containing four apartments and seven stores, located on 104th St., Queens. Adam Brostovski, principal of GCP, arranged the financing. * $1.95 million for a single-story commercial building comprised of 10,000 s/f, located on Southern Blvd., Bronx. Greenbaum arranged the financing. * $1.9 million for a five-story apartment building containing 16 units, located on East 155th St., Bronx. Stephen Katz, senior associate of GCP, arranged the financing. * $1.425 million for a three-story apartment building containing six apartments, located on Frost St., Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing. * $1.175 million for a four-story mixed-use building containing six apartments and 1,600 s/f of ground floor commercial, located on Park Ave., Manhattan. Brostovski arranged the financing. * $1.1 million for a single-story retail building of 3,400 s/f, occupied by 7-11, located on Farmers Blvd., Queens. Greenbaum arranged the financing.
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