The Chetrit Group bought a portfolio of more than 10,000 rental apartments spread across the country. Chetrit bought the 55-property portfolio with buildings in Alabama, Arkansas, Florida, Illinois, Indiana, Louisiana, Mississippi, Ohio, New York, Tennessee and Texas, brokers who worked to finance the acquisition told The Real Deal. Roco Real Estate, based in Bloomfield Hills, Michigan, sold the properties. Chetrit financed the deal with a $481 million loan from JP Morgan Chase, according to Robert […]
source https://therealdeal.com/national/2019/06/20/chetrit-buys-national-portfolio-of-10k-rental-units/#new_tab
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