GCP Capital Group arranges 15 mortgages totaling $118.552 million

March 15, 2016 - Finance

Matthew Albano, GCP Capital Group

Adam Brostovski, GCP Capital Group

Michael Charnowitz, GCP Capital Group

Matthew Classi, GCP Capital Group

Paul Greenbaum, GCP Capital Group

Alan Perlmutter, GCP Capital Group

New York, NY GCP Capital Group has arranged mortgage financing totaling $118.522 for the following15 deals:

• $16.53 million construction financing for the development of an eight-story apartment building containing 72 units in the Brooklyn’s Kensington section. Alan Perlmutter, managing member of GCP, arranged the financing.

• $14 million for a five-story apartment building containing 28 units and three stores on East Houston St. in Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.

• $13.9 million for a portfolio of four multifamily apartment buildings containing 112 units in Brooklyn. Michael Charnowitz, senior associate of GCP, arranged the financing.

• $12.944 million for a portfolio of six multifamily apartment buildings containing 107 units in University Heights, Bronx. Adam Brostovski, principal of GCP, arranged the financing.

• $12 million for a six-story apartment building containing 21 units and 1,100 s/f of commercial spac East 14^th St. in Manhattan. Greenbaum arranged the financing.

• $11 million for a six-story apartment building containing 35 apartments and one retail unit on West 15^th St. in Manhattan. Matthew Albano, senior broker of GCP, arranged the financing.

• $8.6 million for a five-story mixed-use building containing 60 apartments and 7,500 s/f of commercial space on East 233^rd St. in the Bronx. David Sessa, senior associate of GCP, arranged the financing.

• $8.5 million for a six-story apartment building containing 27 apartments and two retail units in Downtown Manhattan. Greenbaum arranged the financing.

• $5.5 million for a four-story mixed-use building containing 12 apartments and 4,200 s/f of commercial space on Grand St. in Brooklyn. Matthew Classi, managing member of GCP, arranged the financing.

• $4.2 million for a five-story mixed-use building containing nine apartments and 2,740 s/f of commercial space on Riverdale Ave. in the Bronx. Sessa arranged the financing.

• $4 million for a five-story apartment building containing 13 units and two commercial units on East 83^rd St. in Manhattan. Greenbaum arranged the financing.

• $2.175 million for a five-story apartment building containing 20 apartments on West 144^th St. in Manhattan. Brostovski arranged the financing.

• $2.13 million combined financing for a three-story apartment building on Meeker Ave. in Brooklyn and a two-story apartment building on Decatur St. in Ridgewood. Albano arranged the financing for this property.

• $1.593 million for 21 individual condo units located in different buildings throughout the Bronx’s Parkchester neighborhood. George Spanos, senior associate of GCP, arranged the financing.

• $1.45 million for a four-story mixed-use building containing six apartments and two commercial units on East 187^th St. in the Bronx. Brostovski arranged the financing.