New York Real Estate Journal

GCP Capital Group completes 14 financing deals totaling $115.73 million; includes $40 milion by Alan Perlmutter of GCP

June 27, 2011 - Finance
GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged mortgage financing in the aggregate amount of $115.73 million for the following properties: $40 million for a four-story class A office building with a ground level and four-level parking structure located on Marcus Ave. in New Hyde Park. Alan Perlmutter, principal of GCP Capital Group, arranged the financing. $5 million for two contiguous, five-story walk-up apartment buildings containing a total of 26 units located on Amsterdam Ave. Matthew Classi, principal of GCP Capital Group, arranged the financing. $3.83 million for an 11,000 s/f retail and office building located on Metropolitan Ave. in Queens. Paul Greenbaum, principal of GCP Capital Group, arranged the financing. $3.225 million for a four-story, walk-up apartment building with a total of 16 units located on Hudson St. Greenbaum arranged the financing. $1.84 million for a five-story, walk-up apartment building containing 21 units on 137th St. Adam Brostovski, principal of GCP Capital Group, arranged the financing. $3.1 million for a five-story, walk-up apartment building containing 47 units located on Academy St. Louis Perlmutter, senior associate of GCP Capital Group, arranged the financing. $2.7 million for a five-story, walk-up apartment building containing 47 units located on Wadsworth Ave. Brostovski arranged the financing. $2.2 million for a six-story, elevator apartment building containing 53 units located on Ocean Ave. in Brooklyn. Greenbaum arranged the financing. $1.8 million for a four-story apartment building containing 12 units located on West 22nd St. Classi arranged the financing. $1.05 million for a four-story, walk-up apartment building containing 16 units located on East 2nd St. in Brooklyn. Michael Charnowitz, senior associate of GCP Capital Group, arranged the financing. $9.15 million for a six-story, walk-up mixed-use apartment building containing 25 units, four stores and one professional space located on Delancey St. Greenbaum arranged the financing. $2.135 million for a five-story, walk-up mixed-use apartment building containing nine units and one store located on Ave. C. Greenbaum arranged the financing. $3 million for a two-story retail strip of 7,700 s/f located on 161st St. in the Bronx. Louis Perlmutter arranged the financing. $2.3 million for a six-story, elevator apartment building containing 36 units located on Audubon Ave. Brostovski arranged the financing.