GCP Capital Group arranges 12 mortgages totaling $132.687 million

May 17, 2016 - Finance

Matthew Albano, GCP Capital Group

Adam Brostovski, GCP Capital Group

Michael Charnowitz, GCP Capital Group

Matthew Classi, GCP

New York, NY GCP Capital Group LLC has arranged mortgage financing in the amount of $132.687 million for the following 12 properties:

• $29.55 million combined financing for a portfolio of three multifamily apartment buildings containing a total of 237 units and 9,700 s/f of commercial space, located in the Kingsbridge section of the Bronx. Adam Brostovski, principal of GCP, arranged the financing for this portfolio.

• $22.6 million combined financing for two six-story multifamily apartment buildings containing a total of 156 units and 3,700 s/f of commercial space, located in Sunnyside, Queens. Alan Perlmutter, managing member of GCP, arranged the financing.

• $19.25 million combined financing for a portfolio of five five-story multifamily apartment buildings containing a total of 142 units, located on Davidson Ave. in the Bronx. Paul Greenbaum, managing member of GCP, arranged the financing.

• $10.2 million combined financing for two six-story buildings containing a total of 35 apartments and two commercial units, located on the Lower East Side of Manhattan. Matthew Classi, managing member of GCP, arranged the financing.

Stephen Katz, GCP Capital Group

Paul Greenbaum, GCP Capital Group

Alan Perlmutter, GCP Capital Group

• $9.112 million for a six-story multifamily apartment building containing 72 units, located on Selwyn Ave. in the Bronx. Brostovski arranged the financing.

• $8.025 million combined financing for two five-story multifamily apartment buildings containing a total of 63 units and four commercial units, located in the Concourse and West Farms neighborhoods of the Bronx. Michael Charnowitz, senior associate of GCP, arranged the financing.

• $6.95 million for two six-story mixed-use apartment buildings containing a total of 19 apartments and 4,200 s/f of commercial space, located on Market St. in Manhattan. Classi arranged the financing.

• $6.5 million for a two-story light industrial building comprised of 45,800 s/f, located in the Greenpoint area of Brooklyn. Greenbaum arranged the financing.

• $6 million for a two-story retail/office building comprised of 9,800 s/f, located on Queens Blvd. in Forest Hills. Perlmutter arranged the financing.

• $6 million for a five-story mixed-use development project resulting in 2,000 s/f of ground floor commercial and four floors through residential apartments on the upper floors, located in the TriBeCa neighborhood of Manhattan. Matthew Albano, senior broker of GCP, arranged the financing.

• $4.6 million for two contiguous five-story mixed-use buildings containing a total of 46 apartments and five commercial units, located in the Hunts Point neighborhood of the Bronx. Greenbaum arranged the financing.

• $3.9 million for two contiguous four-story multifamily buildings containing 26 residential apartments, located on Maples Ave. in the Bronx. Stephen Katz, senior associate of GCP arranged the financing .