News: Brokerage

GCP Capital Group completes 16 mortgages totaling $114.993 million

GCP Capital Group LLC has arranged mortgage financing in the amount of $114.993 million for the following 16 properties: * $17.55 million for a portfolio of five six-story apartment buildings containing a total of 191 apartments and two commercial units, located in the Washington Heights section of Manhattan. Adam Brostovski, principal of GCP, arranged the financing. * $12.93 million for a six-story apartment building containing 110 apartments and three stores and a four-story office building containing 50,000 s/f, located throughout the Bronx. Brostovski, arranged the financing. * $11.625 million for a six-story apartment building containing 47 apartments, located on St. Nicholas Ave. in Manhattan. Brostovski, arranged the financing. * $11.3 million for a portfolio of four multifamily apartment buildings containing a total of 129 apartments, located on the Upper West Side. Michael Charnowitz, senior associate of GCP, arranged the financing. * $9.05 million for a portfolio of five three-story garden style apartment buildings and one six-story apartment building containing a total of 159 apartments, located throughout Queens and Manhattan. Matthew Classi, managing member of GCP, arranged the financing. * $8.25 million for two contiguous five-story apartment buildings containing a total of 29 units, located in the Midtown West section of Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing. * $7.65 million for a portfolio of four apartment buildings containing a total of 54 apartments and one retail unit, located throughout Manhattan. Classi arranged the financing. * $7.55 million for a package of three four-story apartment buildings containing a total of 41 apartments and one commercial unit, located on East 76th St. in Manhattan. Stephen Katz, senior associate of GCP, arranged the financing. * $6.45 million for a six-story apartment building containing 72 apartments, located on Valentine Ave. in the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing. * $6.2 million for a six-story apartment building containing 26 apartments, located on West 113th St. in Manhattan. Greenbaum arranged the financing. * $4.5 million for a retail shopping center comprised of 31,660 s/f, located in Staten Island. Perlmutter arranged the financing. * $3.6 million for a four-story mixed-use building containing eight apartments and one commercial unit, located on East 7th St. in Manhattan. Brostovski, arranged the financing. * $2.55 million for a five-story apartment building containing 21 apartments, located on West 150th St. in Manhattan. Brostovski arranged the financing. * $2.4 million for two contiguous one-story retail buildings comprised of 15,000 total s/f, located on Church Ave. in Brooklyn. Greenbaum arranged the financing. * $2 million for two contiguous, two-story vacant buildings to be redeveloped into residential apartments, located in St. Albans, Queens. Greenbaum arranged the financing. * $1.388 million for a three-story apartment building containing 11 apartments, located on Lafayette Ave. in Brooklyn. Classi arranged the financing.
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