We’re almost at the end of the first month of 2025, but it still feels in many ways like 2024. We took a temperature check
Tag: Distress
Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging $145M UCC auction
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
Penn-Florida hit with $195M UCC foreclosure on Boca Raton’s Via Mizner, as South Florida multifamily debt woes grow
Penn-Florida Companies could lose its 101 Via Mizner apartment building in Boca Raton to foreclosure over its alleged failure to pay off a $195 million
Saddled with debt woes, Raoul Thomas’ hotel investments are unraveling. But he’s not giving up.
As Raoul Thomas clung to hope that he would recapitalize his $285 million loan on the Waldorf Astoria Washington DC in time to avoid losing
Zaragon sells Plantation office building for $16M, a 6% discount from 2018
Zaragon sold an office building in Plantation for $15.7 million, a 5.5 percent discount from the firm’s purchase price six years ago. The deal comes
KDM Launches $350M Business Authentic Estate Fund
KDM Monetary is launching a $350 million fund to give bridge financial loans for recently concluded multifamily jobs and to buy distressed homes, The Authentic