July 28, 2014 -
New York City
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 $120.127 million for the following properties:
* $36 million for a portfolio of five buildings containing a total of 300 units and 30,545 s/f of commercial space, located throughout Upper Manhattan. Paul Greenbaum, Managing Member of GCP Capital Group, arranged the financing for this transaction.
* $10 million for a six-story apartment building containing 32 units and 1 ground floor retail unit, located on Grove St. in Manhattan. Matthew Classi, managing member of GCP arranged the financing.
* $8.5 million for a six-story apartment building containing 39 units and 8 stores, located on West 137th St. in Manhattan. Paul Greenbaum, managing member of GCP arranged the financing.
* $4 million for a five-story mixed-use building containing 3 apartments and 1 commercial unit, located on Second Ave. in Manhattan. Matthew Albano, senior broker of GCP arranged the financing.
* $11 million for a ten-story mixed-use apartment building containing 75 units and 5,300 s/f of commercial space, located on West 157th St. in Manhattan. Greenbaum arranged the financing.
* $5 million for a six-story mixed-use apartment building containing 34 units and 7 stores, located on St. Nicholas Ave. in Manhattan. Greenbaum arranged the financing.
* $3.6 million for a five-story apartment building containing 20 units, located on East 83rd St. in Manhattan. Albano arranged the financing.
* $3.282 million for a five-story apartment building containing 28 apartments and 7 stores, located on Creston Ave. in the Bronx. Adam Brostovski, principal of GCP arranged the financing.
* $9 million for a portfolio of four apartment buildings containing a total of 141 units, located on West 91st St. in Manhattan. Greenbaum arranged the financing.
* $5.75 million for a six-story apartment building containing 42 units and 5 stores, located on West 164th St. in Manhattan. Greenbaum arranged the financing.
* $3.1 million for a portfolio of 4 apartment buildings containing a total of 78 units and 3,500 s/f of commercial space, located on Wadsworth Ave. in Manhattan. Brostovski arranged the financing.
* $2.145 million for a five-story apartment building containing 26 apartments, located on West 172nd St. in Manhattan. Brostovski arranged the financing.
* $14 million for a six-story mixed-use apartment building containing 20 units and 2 stores, located in the Financial District of Manhattan. Brostovski arranged the financing.
* $4.75 million for a five-story apartment building containing 53 units, located on West 105th St. in Manhattan. Greenbaum arranged the financing.
$4 million for a six-story mixed-use apartment building containing 35 units and 5 retail units, located on West 162nd St. in Manhattan. Greenbaum arranged the financing.
* $5.2 millione for a five-story apartment building containing 44 units, located in the Inwood section of Manhattan. Alan Perlmutter, Managing Member of GCP Capital Group, arranged the financing for this transaction.
* $2.4 million for a package of 3 apartment buildings containing a total of 11 apartments, located throughout Brooklyn and Queens. Albano arranged the financing for this transaction.