Chetrit Group is seeking to unload portions of a national portfolio of 43 properties encompassing 8,671 apartments that it acquired in 2019 in a transaction financed with a $481M CMBS loan from JPMorgan Chase.

According to a year-end report by Trepp, the mortgage for the portfolio entered special servicing in Q4 for majority default, an indication that Chetrit had failed to pay its lender the principal balance when the loan came due.


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