GCP Capital Group arranges 11 mortgages totaling $102.125 million

February 19, 2019 - Financial Digest

 

Adam Brostovski, GCP

 

Matthew Classi, GCP

 

Paul Greenbaum, GCP

 

New York, NY GCP Capital Group LLC, one of the nation’s most active companies specializing in commercial real estate finance, has arranged mortgage financing totaling of $102.125 million for the following 11 properties:

• $19.3 million for a six-story multifamily apartment building containing 39 units in the Chelsea neighborhood of Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing. 

• $18.3 million in combined financing for a package of five six-story multifamily apartment buildings containing a total of 191 units and 2,850 s/f of commercial space in the Fort George and Washington Heights neighborhoods of Manhattan. Adam Brostovski, principal of GCP, arranged the financing.   

• $12 million for a package of seven multifamily apartment buildings containing a total of 165 units and 1,480 s/f of commercial space, in the Morrisania neighborhood of the Bronx. Brostovski arranged the financing.  

• $9.6 million for a six-story multifamily apartment building containing 25 residential units and four commercial units on the Upper East Side of Manhattan. Perlmutter arranged the financing.  

• $9.5 million for a six-story multifamily apartment building containing 43 units and 6,200 s/f of commercial space on West 176th St., Manhattan.  Paul Greenbaum, managing member of GCP, arranged the financing.  

Alan Perlmutter, GCP

 

David Sessa, GCP

 

• $9 million for a four-story mixed-use building containing eight apartments and 1,800 s/f of commercial space in Brooklyn Heights. Perlmutter arranged the financing. 

• $6.5 million for a six-story multifamily apartment building containing 74 units and 2,000 s/f of commercial space on Newtown Ave. in Queens. Brostovski arranged the financing.  

• $6.2 million for an eleven-story mixed-use loft building containing six loft apartments and 6,800 s/f of commercial space in the Flatiron neighborhood of Manhattan. Matthew Classi, managing member of GCP, arranged the financing.  

• $5 million for three five-story multifamily apartment buildings containing a total of 68 units in the East Village of Manhattan. Greenbaum arranged the financing.

• $3.725 million combined financing for two five-story multifamily apartment buildings containing a total of 32 units on University Ave. in the Bronx. David Sessa, managing director of GCP, arranged the financing.

• $3 million combined financing for three five-story mixed-use buildings containing a total of 18 apartments and 12,225 s/f of commercial space on Pleasant Ave. in Manhattan. Sessa arranged the financing.