Allen Gross’s GFI Development Group secured a loan package of $181.3 million for the newly completed Beekman Hotel and co-joined condominium tower, according to documents filed with the Tel Aviv Stock Exchange. The 287-key Beekman, which opened in August 2016, revitalized the historic 10-story Temple Court building at 5 Beekman Street. The 51-story condo tower is still under construction. According to GFI’s year-end report filed with TASE, the hotel component is valued at $300 million, […]

Source: trdnews

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