NEW YORK, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $143.5 million for the following nine properties:
• $74 million for the construction of an eight-story, 197-unit mixed-use residential building with ground floor retail, located in the Greenpoint section of Brooklyn. Alan Perlmutter, managing member of GCP, arranged the financing.
• $13.375 million combined financing for three five-story apartment buildings containing a total of 161 apartments and 4,200 s/f of commercial space, located throughout the Bronx. Adam Brostovski, principal of GCP, arranged the financing for this package.
• A $12.6 million construction loan for the development of an eight-story residential building containing 50 apartments and one retail unit, located on Atlantic Ave. in Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing.
• $8.5 million combined financing for two retail condominium units of 3,150 s/f on Hudson St. and a retail unit of 3,700 s/f on Lafayette St. in Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.
• $7.9 million for a six-story apartment building containing 69 apartments, located on Selwyn Ave. in the Bronx. Greenbaum arranged the financing.
• $7.875 million for a six-story apartment building containing 57 apartments and 4,380 s/f of commercial space, located on West 190th St. in the Bronx. Brostovski arranged the financing.
• $7.5 million for the development of a three-story commercial building comprised of 21,000 s/f, located on Roosevelt Ave. in Queens. Greenbaum arranged the financing.
• A $6.7 million acquisition/construction loan for a to-be-built, five-story multifamily apartment building containing 12 apartments, located on St. Marks Ave. in Brooklyn. Albano arranged the financing.
• $5.05 million for a six-story multifamily apartment building containing 46 apartments and two commercial units, located on East 178th St. in the Bronx. Stephen Katz, senior associate of GCP, arranged the financing.