New York Real Estate Journal

GCP Capital Group arranges 16 mortgages totaling $204.889 million

October 27, 2015 - Brokerage
Matthew Albano, GCP Capital Group
Adam Brostovski, GCP Capital Group
Matthew Classi, GCP Capital Group
Paul Greenbaum, GCP Capital Group

New York, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $204.889 million for the following 16 properties:

• $90.2 million in combined financing for a portfolio of 13 multifamily buildings containing 890 apartments and two commercial units in the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing.

• $33 million in combined financing for two six-story multifamily buildings containing a total of 150 apartments and 35,870 s/f of commercial space on Fifth Ave., Manhattan. Adam Brostovski, principal of GCP, arranged the financing.

• $12 million for a six-story multifamily building containing 30 apartments on Thompson St., Manhattan. Greenbaum arranged the financing.

• $9.4 million combined financing for a five-story apartment building with 30 units on College Ave., Bronx and a five-story apartment building with 21 units on West 139th St., Manhattan. Brostovski arranged the financing. 

• $7.826 million for a six-story multifamily building containing 76 apartments on Tiebout Ave., Bronx. Brostovski arranged the financing.

• $7.5 million for a six-story multifamily building containing 74 apartments and 8,100 s/f of office space on Grand Concourse in the Bronx. Brostovski arranged the financing.

• $7 million for a four-story multifamily building containing 37 apartments in the Bushwick section of Brooklyn. Alan Perlmutter, managing member of GCP, arranged the financing.

• $7 million for a four-story residential building containing 38 apartments in the Bushwick section of Brooklyn. Alan Perlmutter arranged the financing.

• $5.5 million in combined financing for two five-story mixed-use buildings containing a total of 39 apartments and six stores in the Belmont and Morris Park sections of the Bronx. Brostovski arranged the financing.

• $5.5 million for a six-story multifamily building containing 48 apartments, located on Nostrand Ave., Brooklyn. Greenbaum arranged the financing.

• $4.763 million for two contiguous five-story buildings containing a total of 23 apartments and two commercial units on Bruckner Blvd., Bronx. Michael Charnowitz, senior associate of GCP, arranged the financing.

• $4.2 million for a five-story multifamily building containing 21 apartments, located on West 150th St., Manhattan. Brostovski arranged the financing.

• $3.5 million for a six-story multifamily building containing 44 apartments and one commercial unit, located on West 142nd St., Manhattan. Louis Perlmutter, senior associate of GCP, arranged the financing.

• $3.4 million for a five-story apartment building containing 26 apartments, located on West 172nd St., Manhattan. Matthew Classi, managing member of GCP, arranged the financing.

• $2.1 million for a four-story building containing three apartments and one ground floor retail tenant, located on Smith St., Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing.

• $2 million for a six-story apartment building containing eight apartments on Stuyvesant Ave., Brooklyn. George Spanos, senior associate of GCP, arranged the financing.