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Hotel Bossert Foreclosure Auction

Sector: Hotel • Location: Brooklyn, New York, United States

Source: The Real Deal

Project
Completed

Investment firm Beach Point Capital won a foreclosure auction for the Chetrit Group’s Hotel Bossert with a $120 million credit bid after over a decade of setbacks in restoring the historic property. The hotel is located at 98 Montague Street in Brooklyn Heights and is currently in a state of disrepair.

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Project Information

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The project “Hotel Bossert Foreclosure Auction” is an infrastructure initiative in the Hotel sector, located in Brooklyn, New York, United States. Taiyo aggregates data on it from The Real Deal.

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Participants

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Status

Original status

Completed

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Description

Description

Investment firm Beach Point Capital won a foreclosure auction for the Chetrit Group’s Hotel Bossert with a $120 million credit bid after over a decade of setbacks in restoring the historic property. The hotel is located at 98 Montague Street in Brooklyn Heights and is currently in a state of disrepair.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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