“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit

Developer Dan Kodsi’s Royal Palm Companies filed a counterclaim to its lender’s foreclosure lawsuit, tied to the stalled Legacy Hotel & Residences project at Miami Worldcenter.  Legacy Lender Holdings LLC last week sued affiliates of Kodsi’s Miami-based Royal Palm Companies, alleging that the developer owed $31.9 million in unpaid debt backing the partially built mixed-use […]This article originally appeared on The Real Deal. Click here to read the full story.