Former Sonder resort faces $26M foreclosure in Hillsboro Beach
A South Florida resort once operated by collapsed short-term rental startup Sonder was hit with a $26 million foreclosure lawsuit this month. An entity of Emerald Creek Capital last week sued the Hillsboro Beach Resort’s ownership entities, which are controlled by Daniel Lebensohn and Gregory Freedman of Fort Lauderdale-based BH3 Management, the South Florida Business Journal reported. The 81-key resort at 1159 Hillsboro Mile sits on a little under 2 acres. Emerald Creek loaned $26 million to the owners of the resort in 2022. The lawsuit accuses the owners of defaulting in March 2024 when they allegedly failed to pay […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

The next test for master-planned communities is staying power

How Higharc is turning floor plans into intelligent data

Congress Reaches Compromise on Major Housing Bill After Months of Gridlock

Broward County drops pursuit of Spirit Airlines Dania Beach HQ

“Nonsensical”: Miami-Dade votes to pursue Fisher Island site via eminent domain

L.A. Power Couple List Hancock Park Estate Where They’ve Hosted an Array of High-Profile Political Events for $16.5 Million

Taylor Morrison names Mike Carlo Sarasota division president

Contestants on HGTV Show ‘Battle on the Beach’ Reveal They Were Homeless While Filming the Hit Series: ‘We Kept It to Ourselves’

What to look for in Kevin Warsh’s first Fed meeting

Builders slow starts in May to rebalance pricing and incentives
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
