Brian Tuttle accused of trying to “sabotage” $60M Main Street bankruptcy sale
Brian Tuttle is trying to “sabotage” a $60 million bankruptcy sale of his distressed Main Street development site in Royal Palm Beach, a lawsuit alleges. Concord Wilshire Capital is in line to purchase the site and says it was working to close the deal within all deadlines. But Tuttle “conspired” to divert the deal to a backup buyer, The Ardent Companies, because that would allow him to keep a stake in the property, the lawsuit alleges. Los Angeles-based Concord Wilshire Capital, led by Steve Sirang, sued Tuttle and his affiliates Main Street at Tuttle Royale and TLH-26 Giles on Thursday […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

New York developer Richard Cohen snaps up $20M condo at Surf Club Four Seasons

Developer nixes Costco, pares down Ag Reserve project, but opposition persists

Florida AG backs Bal Harbour Shops in Live Local fight

The New York developers building in the city’s sixth borough

Boynton Beach CRA spends $15M of taxpayer funds for 14-lot assemblage

Carlos Rosso, Alex Vadia complete first new condo dev in Midtown since 2018

Inside power buyer David MacNeil’s luxury real estate portfolio

South Florida’s top deals: Fendi Château condo sells for over $16M to Brazilian software execs

South Leads March Pending Sales Growth

Lawmakers Continue Work on Property Tax Plan

