Juda Chetrit Seals $55M Recap for 1384 Broadway
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in October 2026: $24.5B across 76 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
Juda Chetrit ’s Chetrit Organization has secured a $55 million loan to recapitalize 1384 Broadway , Commercial Observer has learned. Maxim Capital Group provided the loan for the 80 percent occupied office building at…
External link. Real Estate Trail does not republish source content.
Related coverage — Office
Cushman & Wakefield Expands Louisville Property Management Portfolio by 7.5M SF
Cushman & Wakefield announced that a 7.5 million-square-foot property management portfolio comprised of industrial, office and retail properties previously managed by NAI Fortis Group has transitioned to Cushman & Wak…
270 Park May Be New York’s Most Expensive Office Tower
Major Markets Lead U.S. Investment Sales Recovery
The U.S. investment sales market continued to gain momentum through the third quarter of 2026, recording approximately $389 billion in sales across office, multifamily, industrial, retail and development properties, A…
Brandywine Realty Trust Plans $200M in 2027 Sales as Philly Office Leasing Improves
Holiday Eating on a GLP-1 Program: Meant Highlights Coaching Support for Social Events, Travel, and Cravings
MANASSAS, Va., Oct. 30, 2026 /PRNewswire/ -- Between family dinners, office parties, and travel days, the holiday season rarely leaves routines untouched, and for people on a GLP-1 program, it can raise a fresh set of…
MY DR NOW Brings Seven-Day Family Medicine to Sunnyvale, Challenging the Traditional Doctor's Office Model
SUNNYVALE, Texas, Oct. 30, 2026 /PRNewswire/ -- MY DR NOW will open its newest family medicine clinic in Sunnyvale at 8 a.m. Monday, Nov. 2, and it will be open every day of the week: 8 a.m. to 8 p.m. Monday through F…