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

South Florida Dirt: Like pulling teeth: How Fannie, Freddie’s new condo financing rules is affecting deals

Galium Capital buys North Miami Beach apartments for $29M

Inside the decade-long legal clash between owners, developer of a Singer Island hotel-condo

Florida REIT founders charged with stealing from employee benefit plans

Redfearn drops $42M on Delray Beach retail properties in one of town’s biggest CRE deals ever

Goldman Sachs drops $155M for Davie rentals, Kerra pays $73M for Pompano complex

Real estate mentoring builds agent leadership

Inflation rises ahead of Fed rate decision

Turn AI from a writing tool into a business system

Property manager, contractor arrested in nearly $200K kickback scheme at Hialeah condo association

