Friday 22 May 2020

Reuben brothers pick up big loan on Chetrit, Bistricer’s Gramercy Square condo project

The U.K.’s billionaire Reuben brothers have snapped up another Manhattan real estate bargain. The investors bought a $100 million piece of a construction loan SL Green Realty made to the developers of a Gramercy Square condominium development, sources told The Real Deal. The purchase price was a discount of somewhere between 96 and 97 cents on the dollar, according to a source. A spokesperson for SL Green declined to comment, and a representative the Reuben brothers could



source https://therealdeal.com/2020/05/22/reuben-brothers-pick-up-big-loan-on-chetrit-bistricers-gramercy-square-condo-project/

No comments:

Post a Comment