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Real Estate Rumors: Chetrit, LoanCore Capital, Brennan

By Andrew McIntyre (September 15, 2017, 1:57 PM EDT) -- The Chetrit Group has scored $170 million in construction financing from Bank of the Ozarks and two other lenders for a hotel and retail project in New York, according to a report on Friday from Commercial Observer. The loan is for 255 W. 34th St., where Chetrit is planning to build a 33-story, 300-room hotel with ground- and second-floor retail space, Commercial Observer said. Melody Capital Partners and Arbor Commercial Mortgage were also part of the lender group, according to the report....

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