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.
Recent Posts
Jupiter mansion sells for $35M as buyer levels up in Admirals Cove
Lennar’s land bank spinoff Millrose bought 1,200 single-family rentals
Cash4Keys principals, United Realty agent accused of stealing elderly man’s house, dumping him in Miami Gardens
Southwest Ranches estate once owned by Mexican pop icon Juan Gabriel hits market for $39M
Miami-Dade’s affordable housing gap grows to 118K units, even as low-income earners flee
Palm Beach’s “Ham and Cheese House” finds buyer at $105M
Estates at Acqualina penthouse with private pool lands $40M contract
“They’re getting hammered”: Fisher Island Club fee dispute escalates into $5M class action after community association sues members
Florida home permits fall 21% in September
Treasury proposes rules for large home investors
