The Real Deal: Going once, going twice: Meyer Chetrit’s property interests auctioned off to pay $132M judgment Despite efforts to stop the sale, Meyer Chetrit’s ownership interests in four property-holding companies have been sold at auction to pay off a lender. The buyers were Meyer’s brother, Juda Chetrit, ... Going once, going twice: Meyer Chetrit’s property interests auctioned off to pay $132M judgment The day before Christmas Eve, Meyer Chetrit’s interests in two holding companies were quietly auctioned off.

Understanding the Context

The highest bidder was an entity of aggressive lender Maverick Real Estate Partners. The ...