South Florida EB-5 projects Las Olas Ocean Resort, Palm House Hotel mired in litigation, fraud charges – South Florida Business Journal

Broward + Palm Beach Real Estate And Construction. Real Estate, Development, Architecture and Construction News For Fort Lauderdale & All Of Broward & Palm Beach. Las Olas Riverfront Demolished To Make Way For 1,200-Unit Riverx.. Guitar-Shaped Hotel Now Under Construction At Hard Rock.

“Kinetic wall” will add touch of modern art to exterior of Sterling Bay office building The Kinetic Wall is composed of an array of lightweight tiles that rotate about their center in response to sensor input. The wall’s Kinect sensors monitor proximity and location of those within range of the wall.

A Fort Lauderdale mansion that was home to disbarred attorney and "foreclosure king" David J. Stern is now selling for $32 million. The Harborage Isle home boasts more than 17,000 square feet of living space, with six bedrooms and seven bathrooms-not to mention its tennis court, cabana, infinity pool, yacht dockage, and incredible views of the Intracoastal Waterway and city.

Feds Propose Changes to Flood Insurance Q&A for Lenders "Most homeowners insurance policies do not cover flood damage. Purchasing flood insurance is required for some property owners and may be a wise investment for anyone regardless of their property location, and so the government shutdown could impact consumers who are in the process of closing on a home or property," Altman said.

South Florida Business Journal After cashing out of one Fort Lauderdale beach property for $18.7 million, Aiton Yaari and Lior Avidor bought another down the block for $32 million.

The unfinished Fort Lauderdale hotel is set for a bankruptcy auction Aug. 15. Bancorp issued an initial $21.5 million project loan. When Las Olas Mezzanine Borrower sought another loan from the bank, that $50 million loan was contingent on investment from 60 EB-5 investors, according to the complaint.

Facing foreclosure, Fort Lauderdale hotel developer files for Chapter 11 bankruptcy. The company, 550 Seabreeze Development LLC, filed a Chapter 11 petition in the U.S. Bankruptcy Court. 550 Seabreeze is the developer of Las Olas Ocean Resort, designed as a 12-story hotel with 136 rooms plus a four-story parking garage with 268 spaces and a restaurant measuring 12,000 square feet.

City agrees to sell uptown land to apartment developer Fed Hints at Wait-and-See Approach to 2019 interest rates sterling organization acquires former Bar Toma restaurant space The Sterling Organization (formerly Sterling Centrecorp) invests in, develops, and manages commercial real estate — primarily retail properties — in the US. It owns some twenty properties comprising approximately 6 million sq. ft. of space in five Sun Belt states, as well as Denver and Chicago. It also has several properties under development.Mountain of doubt Mountains are problems. Death is a mountain. Sickness is a mountain. Troubles are mountains. Hardships are mountains. Family crises are mountains. Unpaid bills are mountains. Rebellious children are mountains. Whoremongering husbands and wifes are mountains. Lying friends are mountains. crack addicted love ons are mountains.The US Federal Reserve is likely to raise interest rates in the coming week but policymakers have begun to signal they may take it a bit slower in 2019. Fed to hike rates again but hints at pause.If the city lets the Brooklyn Heights library sell public land to raise money for repairs. repairs at other branches across Brooklyn. The developer has agreed to build 114 “affordable housing”.

Executive of Fort Lauderdale Yacht Company Facing Federal Fraud Charges. According to reporting from the South Florida Business Journal, Andrew Deme and several as-of-yet unidentified co-conspirators are facing federal business fraud charges. Mr.

Iconic hotel Bahia Mar Fort Lauderdale Beach recently announced a new, upscale $7 million redesign. Bahia Mar’s refresh will reflect the city’s nautical lifestyle and reputation as the Venice of America, highlighting the property’s status as the home of the Fort Lauderdale International Boat Show.

SEC charges law firm with EB-5 fraud scheme. The federal government has charged a Northern California law firm with running a fraudulent EB-5 sch Tags: fraud, sec. 5 1. Get URL URL copied to clipboard.

2800 south ocean boulevard palm beach, FLORIDA 33480 AUGUST 10, 2007. Ms. Guillemette presented the litigation list to the board.. well as WWJD Engineering’s application for qualified business, were denied at the April, 2007, meeting of the board..

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