Investors sue Vlad Doronin’s OKO over stalled apartment project in downtown Fort Lauderdale
Vlad Doronin’s OKO Group was hit with a lawsuit over its stalled 251-unit apartment project in downtown Fort Lauderdale. More than 40 investors in OKO’s planned 34-story One River tower say that the developer has failed to advance any “meaningful construction” and is yet to secure a general contractor, three-plus years after obtaining a nearly $100 million construction loan to build the tower, according to the complaint. The investors sued OKO Group, as well as FPR Investor, the entity in which investors purchased a membership interest, and FPR US 1, the sponsor manager of FPR Investor. London-based Cain International is […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

South Florida Dirt: A timeline of how Mana turned $70M into over $1B

Billionaire Apollo co-founder’s hedge fund, concierge medicine firm take leases in Miami Design District trophy office

Ultra-luxury seller’s market: Chrysler heir sells Palm Beach home for $29M

Rick Ross remains partner in Miami Gardens condo development after domestic violence arrest

Monarch, Tourmaline’s $400M-plus asking price for Brickell office building chases record-setting sale

Larry Ellison’s North Palm Beach estate hits the market for record $165M

Massachusetts buyer bags Davie shopping center for $26M amid his South Florida retail spree

“Catching its breath”: Orlando’s multifamily market shakes supply hangover amid rapid population growth

Personal touches can help real estate marketing

FHFA moves to expand mortgage insurance outreach

