Chetrits lose Tides Hotel in Miami Beach after five-year legal battle with lender

Affiliates of embattled real estate duo Joseph and Meyer Chetrit lost the Tides Hotel in Miami Beach to their lender in a foreclosure auction.  It marks the latest in a protracted legal battle between the Chetrits and their lender, affiliate of Miami-based Safe Harbor Equity, led by Rafael Serrano, over a $45 million mortgage on the property originally borrowed in 2014.  Safe Harbor took title of the hotel and adjacent lots through a credit bid in the foreclosure auction Monday, Miami-Dade County records show.  The foreclosure auction came after Miami-Dade Circuit Judge Thomas Rebull issued a $95.6 million final judgment […]

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