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More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure sale
Business

More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure sale

March 13, 2025March 13, 2025

A disgraced Venezuelan ex-banker identified in the Panama Papers joins a growing number of South Florida commercial real estate owners feeling the pinch of distress. 

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Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 
Business

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 

February 6, 2025February 6, 2025

Developer Celal Ozkan filed for bankruptcy on his North Miami Beach development site for a 341-unit apartment tower, marking the latest in his nearly yearlong

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Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging 5M UCC auction
Business

Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging $145M UCC auction

January 16, 2025January 16, 2025

An affiliate of Penn-Florida Companies filed bankruptcy on its 101 Via Mizner apartment building in Boca Raton, warding off a foreclosure auction over a $145

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Lost sizzle: BurgerFi vacates four South Florida restaurants and corporate office as part of bankruptcy strategy
Business

Lost sizzle: BurgerFi vacates four South Florida restaurants and corporate office as part of bankruptcy strategy

September 19, 2024September 19, 2024

BurgerFi is cutting the fat from its real estate, abandoning leases at four South Florida restaurants and its corporate office in Fort Lauderdale. The fast

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Activate Hospitality Pays M For West Palm Holiday break Inn
Business

Activate Hospitality Pays $24M For West Palm Holiday break Inn

December 28, 2023December 29, 2023

Activate Hospitality ordered a West Palm Seashore Holiday getaway Inn and an adjacent progress site for $23.8 million in a personal bankruptcy sale. An affiliate

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