Safe Harbor Equity is seeking foreclosure on two hotels in Miami and Miami Beach that are owned by Henley Investments, tied to a $13 million loan.
The owners of The Tides Hotel may lose the Miami Beach building to foreclosure.
Hospitality mogul David Grutman closed on the site of his next home, which previously belonged to Grammy-winning Spanish artist Alejandro Sanz, The Real Deal has learned.
Two St. Regis Bal Harbour luxury condominium units must be transferred to a Miami private equity company that won an appeal to enforce an agreement pledging the real estate as collateral.
Forbes: As Development Booms In South Florida, One Firm Is Raising $200 Million To Invest In Foreclosures.
The U.S economy is booming. The unemployment rate is at a historic low level. There’s little inflation. And investment capital is fueling a wave of commercial development throughout South Florida.
A South Florida native, Mr. Serrano’s professional career began while he was a student at Florida International University. Even as he pursued other opportunities, he has continued to invest in real estate throughout his career.