GCP Capital Group arranges 14 mortgages totaling $372.65 million; Includes $255.65 million for a 15-building portfolio by Perlmutter

New York, NY GCP Capital Group LLC has arranged mortgage financing in the amount of $372.65 million for the following 14 New York City area deals: • $255.65 million for a portfolio of 15 multifamily apartment buildings containing a total of 1,399 units, located throughout Manhattan, the Bronx and Westchester. Alan Perlmutter, managing member of GCP, arranged the financing. • $35 million bridge financing for The Chetrit Group, Joseph and Meyer Chetrit, for a package of three six-story townhomes being gut renovated into three high-end mansions, located on the Upper East Side of Manhattan. The loan was arranged with a major local commercial bank.  David Sessa, senior associate, and Justin Decter of GCP, arranged the financing. • $18.3 million for two six-story multifamily apartment buildings containing a total of 132 units, located on Merrick Blvd. in Queens. Paul Greenbaum, managing member of GCP, arranged the financing. • $10.3 million for a package of three commercial properties totaling  48,000 s/f, located throughout the Bronx. Adam Brostovski, principal of GCP, arranged the financing. • $10.25 million for two six-story apartment buildings containing a total of 116 units, located throughout the Bronx. Greenbaum arranged the financing. • $10 million for three contiguous six-story multifamily apartment buildings containing a total of 330 apartments and two commercial units, located throughout the Bronx. Greenbaum arranged the financing. • $8 million for a 19,000 s/f, one-story retail shopping center containing 13 commercial spaces, located on Cross Bay Blvd. in Queens.  Greenbaum arranged the financing. • $6 million for a four-story residential building containing three apartments and two commercial spaces, located on East 8^th St. in Manhattan. Matthew Albano, senior broker of GCP, arranged the financing. • $4.9 million for a four-story apartment building containing 25 units, located on Kent Ave. in Brooklyn. Brostovski arranged the financing. • $4 million for a 120,000 s/f commercial building solely occupied by a health and fitness complex, located in the Gravesend section of Brooklyn. Albano arranged the financing. • $3.4 million for a four-story apartment building containing 24 units, located on East 8^th St. in Brooklyn.  Greenbaum arranged the financing for this property. • $2.5 million for four three-story apartment buildings containing a total of eight units, located on Evergreen Ave. in Brooklyn. Sessa, arranged the financing. • $2.2 million for a four-story apartment building containing seven units, located on 47^th Rd. in Long Island City. Albano arranged the financing. • $2.15 million for a five-story apartment building containing 22 units, located on West 152^nd St. in Manhattan. Brostovski arranged the financing.