The Chetrit Group has inked a major refinancing for the site of the Hotel Bossert, the long-delayed project that may finally open in the coming months. The firm landed a $112 million refinanced loan for 98 Montague Street in Downtown Brooklyn from Cantor Commercial Real Estate Lending, according to property records. The funding includes a $27.7 million gap mortgage. CCRE declined to comment, and representatives for Chetrit did not respond to a request for comment.
source https://therealdeal.com/2019/12/02/chetrit-group-lands-112m-refi-for-long-delayed-hotel-bossert-project/
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