The Real Deal
The Chetrit Group has landed $200 million in construction refinancing
for its planned multifamily redevelopment at Jamaica’s Mary Immaculate
Hospital site, according to sources familiar with the deal.
The funding comes from Square Mile Capital in a deal that was
brokered by Henry Bodek of Galaxy Capital Group. The project will be a
four-building, 324-unit complex at 150-13 89th Avenue in Queens.
Bodek declined to comment on the deal. Square Mile Capital and Chetrit did not respond to requests for comment.