
South Florida Dirt: Unraveling the Mandarin Residences Boca Raton mess
After years of delays, lawsuits and other issues, Penn-Florida Companies is now facing foreclosure on the Mandarin Oriental Residences, Boca Raton project. The lender, an affiliate of Apollo Global Management, filed a $417.7 million suit against the developer’s affiliate and a laundry list of co-de

West Palm Beach condos-turned-rentals sell for $91M to billionaire’s company
Billionaire Richard Kurtz’s The Kamson Corporation and Joel Gluck of Scopus Property Management dropped $90.5 million for a 400-unit residential complex in West Palm Beach that was converted from condos to apartments last year. The investors acquired Ponte Verde at Palm Beach Lakes with an $81 mill

Rapper Young Thug buys Cooper City mansion
Your favorite rapper’s favorite rapper just picked up a modern estate in Cooper City. Young Thug, whose legal name is Jeffery Lamar Williams II, paid $5 million for a seven-bedroom, seven-and-a-half-bathroom home south of Stirling Road and east of Northwest 101st Avenue, The Real Deal has learned.
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