GCP Capital Group arranges 13 mortgages totaling $117.925 million

February 21, 2017 - Finance

Matthew Albano, GCP Capital Group

Adam Brostovski, GCP Capital Group

Matthew Classi, GCP Capital Group

Paul Greenbaum, GCP Capital Group

Alan Perlmutter, GCP Capital Group

David Sessa, GCP Capital Group

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $117.925 million for the following 13 deals:

• $25 million for three six-story multifamily apartment buildings containing a total of 205 units, located in Rego Park, Queens. Alan Perlmutter, managing member of GCP, arranged the financing.

• $15 million for a fully leased, 8,122 s/f two-level retail condominium situated on the ground floor and lower level of a recently completed 57-unit condominium building, located on Second Ave. in Manhattan. David Sessa, senior associate of GCP, arranged the financing.

• $15 million for a six-story multifamily apartment building containing 54 units, located on Fifth Ave. in Manhattan. Paul Greenbaum, managing member of GCP, arranged the financing.

• $14.1 million for a six-story multifamily apartment building containing 47 units, located on St. Nicholas Ave. in Manhattan. Adam Brostovski, principal of GCP Capital Group, arranged the financing.

• $9 million for a six-story mixed-use building containing 15 apartments and 2,400 s/f of commercial space, located on Orchard St. in Manhattan. Greenbaum arranged the financing.

• $7.8 million for two five-story multifamily apartment buildings containing a total of 60 units, located on Crescent St. in Long Island City. Matthew Albano, senior broker of GCP, arranged the financing.

• $7.2 million for a new three-story commercial building comprised of 23,600 s/f, located on Fulton St. in Brooklyn. Greenbaum arranged the financing.

• $6.45 million for a six-story multifamily apartment building containing 48 units, located on West 157^th St. in Manhattan. Brostovski arranged the financing.

• $5.5 million for an eight-story multifamily apartment building containing 41 units and two commercial units, located on East 35^th St. in Manhattan. Matthew Classi, managing member of GCP, arranged the financing.

• $4.5 million for a one-story commercial building comprised of 15,000 s/f, located on Junction Blvd. in Queens. Greenbaum arranged the financing.

• $3.675 million for a three-story mixed-use building containing two apartments and 2,200 s/f of commercial space, located on MacDougal St. in Manhattan. Brostovski arranged the financing.

• $2.8 million combined financing for three, three-story mixed-use buildings containing a total of six apartments and three commercial units, located throughout Brooklyn. Greenbaum arranged the financing.

• $1.9 million for a one-story, retail building comprised of 4,800 s/f, located on Nagle Ave. in Manhattan. Brostovski arranged the financing.