GCP Capital Group arranges 14 mortgages totaling $130.175 million
New York, NY GCP Capital Group LLC has arranged $130.175 million in mortgage financing for the following 14 deals:
• $34.05 million combined financing for a portfolio of nine multifamily apartment buildings containing a total of 288 units and 8,200 s/f of commercial space in Melrose, University Heights, Fordham and Concourse Village,Bronx. Adam Brostovski, principal of GCP, arranged the financing.
• $32 million for a portfolio of three six-story multifamily apartment buildings containing 186 units and 17,650 s/f of commercial space on Broadway in Manhattan. Brostovski arranged the financing.
• $9.75 million for a portfolio of five multifamily apartment buildings containing 105 units and two commercial units in Upper Manhattan. Michael Charnowitz, senior associate of GCP, arranged the financing.
• $9 million for a six-story office-to-loft conversion development project that will contain four residential condo units and one ground floor retail unit in TriBeCa. Paul Greenbaum, managing member of GCP, arranged the financing.
• $7.65 million for a six-story multifamily apartment building containing 78 units on Noble Ave. in the Bronx. Greenbaum arranged the financing.
• $6.4 million in combined financing for two multifamily apartment buildings containing 46 units and six stores in Washington Heights, Manhattan. Brostovski arranged the financing.
• $5.7 million for a six-story multifamily apartment building containing 41 units in the Washington Heights section of Manhattan. Brostovski arranged the financing.
• $5.35 million combined financing for a five-story apartment building containing 30 units on Vermilyea Ave., Manhattan, and two four-story apartment buildings containing 34 units on Colgate Ave.,Bronx. Brostovski arranged the financing.
• $4.5 million for a five-story multifamily apartment building containing 21 units on West 148th St., Manhattan. Brostovski arranged the financing.
• $4.475 million for a five-story multifamily apartment building containing 47 units on Academy St., Manhattan. Louis Perlmutter, senior associate of GCP, arranged the financing.
• $4 million for a three-story mixed-use building containing one duplex apartment and one ground floor retail unit in the West Village of Manhattan. Greenbaum arranged the financing.
• $3.25 million for a two-story Tudor-style multifamily apartment building containing 16 units in Flushing, Queens. Greenbaum arranged the financing.
• $2.3 million in blanket financing for a two-story multifamily apartment building containing four units on Gates Ave., Ridgewood and a three-story multifamily apartment building containing three units on Conselyea St. in Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing.
• $1.75 million second mortgage financing for three contiguous five-story multifamily buildings containing 5 apartments in Clinton Hill, Brooklyn. Matthew Classi, managing member of GCP, arranged the financing.