The Chetrit Group ran into trouble on a $481 million loan last year, but the developer says it has made progress on the debt and intends to pay off the balance in a few months. The loan, originated by JP Morgan Chase, financed the 2018 acquisition of a national multifamily portfolio that included 43 properties in New York, the Sun Belt and parts of the Midwest. Chetrit faced default last year when below-average occupancy rates