News: Brokerage

GCP Capital arranges multiple mortgages totaling $117.701 million

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $117.701 million for the following properties: * $6.175 million for a newly constructed four-story apartment building containing 14 apartments, located on Dean St., Brooklyn. Matthew Albano, senior broker of GCP arranged the financing. * $5,635 million for a six-story apartment building containing 45 apartments, located in Woodside, Queens, New York. Alan Perlmutter, managing member of GCP arranged the financing. * $4.011 million for a four-story walk-up apartment building containing 44 apartments, located in Richmond Hill, Queens. Perlmutter arranged the financing. * $2.2 million for a one-story industrial building containing 30,100 s/f, located on 129th St. in Queens. David Sessa, senior associate of GCP, arranged the financing. * $33.88 million for an 11-story and 12-story apartment buildings containing a total of 246 units, located on Prospect Place in Brooklyn. Adam Brostovski, principal of GCP, arranged the financing. * $5 million for a six-story apartment building containing 10 apartments and 1 commercial unit, located in the East Village. Sessa arranged the financing. $4 million for a six-story apartment building containing 25 apartments and 3,400 s/f of commercial space, located on the Lower East Side. Paul Greenbaum, managing member of GCP, arranged the financing. * $2.9 million for a five-story apartment building containing 15 apartments, located on Classon Ave. in Brooklyn. Brostovski arranged the financing. * $2.2 million for a five-story townhouse building containing 5 apartments and 1 commercial unit, located on South Oxford St. in Brooklyn. Albano arranged the financing. * $22.05 million for a five-story building containing 110 apartments and 2,240 s/f of commercial space, located on Taffe Place in Brooklyn. Brostovski arranged the financing. * $17.75 million for two mixed-use properties containing a total of 91 apartments and 11,200 s/f of commercial space, located in the Washington Heights section of Manhattan. Brostovski arranged the financing. * $9 million for a three-story boutique hotel, located in the Greenpoint section of Brooklyn. Greenbaum arranged the financing. * $2.9 million for a portfolio of 4 three-story apartment buildings containing a total of 24 apartments, located throughout Ridgewood, Queens, New York. Matthew Classi, managing member of GCP, arranged the financing.
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