Related, BH Group Plan 2-Tower Condo on Chetrit’s Pompano Beach Site
Development buddies Related Group and BH Group are planning a two-tower condo project on oceanfront land they recently purchased in Pompano Beach, Fla., from New York’s Chetrit Group. The joint...
View ArticleChetrit Lands $235M Construction Loan for UES Condo Tower
Can I get an ‘Amen’? In today’s financing environment, it’s warranted when closing a big financing. Chetrit Group just sealed a $235 million construction loan for its latest residential development on...
View ArticleBeach Point Buys $112M Note on Chetrit Group’s Hotel Bossert
Eleven years after buying the Hotel Bossert at 98 Montague Street in Brooklyn Heights, the Chetrit Group’s $112 million note on the property has traded hands. BP Holdings Goldenrod LLC, a shell...
View ArticleMadison Realty Capital Upsizes Chetrit Group’s Miami River Loan to $340M
Chetrit Group’s Miami River project is floating along nicely. The developer just upsized its existing construction debt on the property to $340 million, Commercial Observer can first report. Madison...
View ArticleChetrit Group’s $95M CMBS Loan Secured by Midtown Office Enters Special...
The $95 million CMBS loan secured by 393-401 Fifth Avenue, a prewar office building in Midtown Manhattan, has been sent to special servicing due to an imminent maturity default, according to a report...
View ArticleHoteliers Ian Schrager and Ed Scheetz Land $121M Loan Toward West Hollywood...
A pair of hotel moguls is charging full steam ahead on the redevelopment of the former Standard Hotel in West Hollywood, Calif. Ed Scheetz and Ian Schrager have secured a three-year, $121 million...
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