GCP Capital Group arranges eight mortgages totaling $91.365 million

November 20, 2018 - Financial Digest

 

Matthew Albano, GCP

 

Adam Brostovski, GCP

 

Matthew Classi, GCP

 

New York, NY GCP Capital Group LLC has arranged eight mortgage financings totaling $91.365 million. The deals include the following:

• $40 million for five multifamily apartment buildings containing a total of 296 units and 35,500 s/f of commercial space in the Inwood neighborhood of Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing. 

• $13.2 million in construction financing for the development of an eight-story condominium complex containing 22 units in the East Village neighborhood of Manhattan. Matthew Albano, managing director of GCP, arranged the financing.  

Paul Greenbaum, GCP

 

Stephen Katz, GCP

 

Alan Perlmutter, GCP

 

• $8.6 million in combined financing for two one-story retail shopping centers comprised of gross 29,450 s/f in Eastchester and the Bronx. Greenbaum arranged the financing.  

• $7.5 million for a six-story multifamily apartment building containing 48 units in the Washington Heights neighborhood of Manhattan. Stephen Katz, managing director of GCP, arranged the financing.  

• $7.365 million for a six-story multifamily apartment building containing 66 apartments and 5,400 s/f of commercial space on Nagle Ave., Manhattan. Adam Brostovski, principal of GCP, arranged the financing.

• $7 million for a four-story commercial building comprised of 28,500 s/f on Queens Blvd. in Sunnyside.  Greenbaum arranged the financing.  

• $5 million for a 54,150 s/f, two-story commercial building containing eight retail units on Rockaway Blvd., Queens. Matthew Classi, managing member of GCP, arranged the financing.

• $2.7 million for a five-story multifamily apartment building containing 10 units in the East Village neighborhood of Manhattan. Alan Perlmutter, managing member, and Mike Hennessy, associate of GCP, arranged the financing.