New York Real Estate Journal

GCP Capital Group arranges 15 mortgages totaling $120.981 million

July 19, 2016 - Finance
Matthew Albano, GCP Capital Group
Adam Brostovski, GCP Capital Group
Paul Greenbaum, GCP Capital Group
Stephen Katz, GCP Capital Group
Alan Perlmutter, GCP Capital Group

New York, NY GCP Capital Group LLC has arranged 15 mortgage financing deals totaling $120.981 million for the following properties:

• $26.181 million for a portfolio of nine four-story multifamily apartment buildings containing 203 units and one commercial space in the Crown Heights neighborhood of Brooklyn. Adam Brostovski, principal of GCP, arranged the financing.

• $18.5 million for a six-story, 31,550 s/f mixed-use commercial building in SoHo, Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing.

• $14.7 million for a six-story multifamily apartment building containing 36 apartments and 5,140 s/f of commercial space on Broadway, Manhattan. Alan Perlmutter arranged the financing.

• $13 million for a seven-story multifamily apartment building containing 93 units and one professional office on Hamilton Pl., Manhattan. Brostovski arranged the financing.

• $11.6 million for the development of a six-story condo building to contain six residential units on the Upper East Side, Manhattan.  Matthew Albano, senior broker of GCP, arranged the financing.   

• A loan extension in the amount of $9.4 million for a to-be-built seven-story apartment building containing 36 apartments and ground floor retail on Fulton St., Brooklyn. Albano arranged the financing.

• $4.5 million for a six-story loft-style mixed-use building containing four apartments and two commercial units in TriBeCa. Brostovski arranged the financing.

• $4.25 million for a six-story multifamily apartment building containing 36 units on West 158th St., Manhattan. Louis Perlmutter, senior associate of GCP, arranged the financing.

• $4 million for a six-story multifamily apartment building containing 68 units and five stores on East Kingsbridge Rd., Bronx. Brostovski arranged the financing.

• $3.7 million for a five-story multifamily apartment building containing 27 units and three stores on West 207th St. in Manhattan. Louis Perlmutter arranged the financing.

• $3.2 million for a three-story mixed-use building containing five apartments and 1,450 s/f of commercial space in the Bushwick, Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing.

• $3.1 million combined financing for a four-story apartment building containing 16 units in Tremont, Bronx and a four-story apartment building containing 23 units in the Bedford, Bronx. Stephen Katz, senior associate of GCP, arranged the financing.

• A $1.75 million second mortgage for a three-story office building comprised of 22,500 s/f in the Midtown West section, Manhattan. Greenbaum arranged the financing.

• $1.7 million for a four-story multifamily apartment building containing 10 units on South Oxford St., Brooklyn. Albano arranged the financing.

• $1.3 million for a three-story multifamily apartment building containing 15 units on Ann St., Staten Island. Albano arranged the financing.