GCP Capital Group arranges 12 mortgages totaling $119.45m million

December 20, 2016 - Brokerage

Adam Brostovski, GCP Capital Group

Matthew Classi, GCP

Paul Greenbaum, GCP Capital Group

Alan Perlmutter, GCP Capital Group

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $119.45 million for the following 12 transactions:

• $28.6 million for a six-story mixed-use building containing 77 apartments with 18,000 s/f of commercial space, located in the East Village section of Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing.

• $15.225 million for a four-story and two six-story multifamily apartment buildings containing a total of 135 apartments and one commercial unit, located in the Prospect Heights and Clinton Hill sections. Adam Brostovski, principal of GCP, arranged the financing.

• Second mortgage financing in the combined amount of $12.8 million for two six-story multifamily apartment buildings containing a total of 68 units with 15,000 s/f of commercial space, located on Broadway in Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.

• $10 million for a six-story multifamily apartment building containing 81 units, located on Newtown Ave., Queens. Brostovski arranged the financing.

• $9 million for a six-story multifamily apartment building containing 31 units and two commercial units, located on Mulberry St. in Manhattan. Brostovski arranged the financing.

• $9 million for a six-story multifamily apartment building containing 44 units and one ground floor retail unit, located on Fort Washington Ave., Manhattan. Greenbaum arranged the financing.

• $6.85 million for a six-story multifamily apartment building containing 49 units, located on West 148^th St., Manhattan. Brostovski arranged the financing.

• $6.7 million for two six-story multifamily apartment buildings containing a total of 48 units, located on East 34^th St. in Manhattan. Matthew Classi, managing member of GCP, arranged the financing.

• $6.175 million for a six-story multifamily apartment building containing 76 units, located on 89^th Ave., Queens. Brostovski arranged the financing.

• $6.1 million for a five-story mixed-use building containing nine apartments and 2,500 s/f of ground floor retail space, located on Second Ave. in Manhattan. Brostovski arranged the financing.

• $6 million for a seven-story multifamily apartment building containing 48 units, located on Pacific St. in Brooklyn. Classi arranged the financing.

• A $3 million second mortgage for a five-story multifamily building containing 53 apartments, located on West 105^th St. in Manhattan. Greenbaum arranged the financing.