Chetrit Group secures $80M refi for Queens warehouse

An influential development family has scored a refinancing in Queens. The Chetrit Group secured an $80 million refinancing loan on a warehouse at 57-18 Flushing Avenue in Maspeth, Queens, according to sources familiar with the deal. Maxim Capital Group and SL Green provided the financing in a three-year deal.

The warehouse was last mortgaged in 2021 with UBS Bank, according to city records. The Chetrits also got a $50 million loan on the property from Maxim in 2020.

Read the full article here: Chetrit Group Secures $80M Refinancing in Queens