New York Real Estate Journal

GCP Capital Group arranges 14 mortgages totaling $116.996 million

September 23, 2013 - Brokerage
GCP Capital Group LLC has arranged 14 mortgage financings totaling $116.996 million for the following properties: * $41.246 million for a portfolio of 11 buildings containing a total of 546 units and 6,600 s/f of commercial space located through Queens and the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing. * $15.3 million for a seven-story apartment building comprised of 140 apartments, located on Holland Ave. in the Bronx. Adam Brostovski, principal of GCP, arranged the financing. * A $12 million permanent mortgage for a six-story apartment building comprised of 27,200 s/f, located in the Greenwich Village section of Manhattan. Adam Hakim, senior associate of GCP, arranged the financing. * $8.925 million for a six-story apartment building containing 128 apartments and 4,900 s/f of commercial space, located on East 187th St. in the Bronx. Brostovski arranged the financing. * $5.5 million for four four-story apartment buildings containing a total of 12 apartments, located on Wilson Ave. in Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing. * $5.2 million for a five-story apartment building containing 12 apartments and ground floor retail, located on Tenth Ave. in Manhattan. Brostovski arranged the financing. * $5 million for two five-story apartment buildings containing a total of 40 apartments, located on West 15th St. in Manhattan. Albano arranged the financing. * $4.75 million for a 70-unit apartment complex, located in Hyde Park. Albano arranged the financing. * $4.6 million for a five-story apartment building containing eight apartments and one commercial space, located in lower Manhattan. Brostovski arranged the financing. * $4.2 million for a six-story apartment building containing 58 units, located in the Ft. George section of Manhattan. Greenbaum arranged the financing. *$4.05 million for a six-story apartment building containing 54 apartments, located on Bronx Blvd. in the Bronx. Greenbaum arranged the financing. * $2.725 million for two four-story buildings containing a total of 14 apartments and one retail store, located on Fourth Ave. in Brooklyn. Matthew Classi, managing member of GCP, arranged the financing. * $2 million for a four-story apartment building containing 42 units, located on West 88th St. in Manhattan. Greenbaum arranged the financing. * $1.5 million for a five-story apartment building containing 10 apartments, located on Wheeler Ave. in the Bronx. Stephen Katz, senior associate of GCP, arranged the financing.