arts
Long-delayed Mandarin Oriental condo in Boca Raton faces $418M foreclosure
Summary by The Miami Editorial Desk · Based on reporting by Jerry Sullivan , The Real Deal
· July 23, 2026
· 1 min read
Penn-Florida, the developer behind the long-delayed Mandarin Oriental Residences, Boca Raton is at risk of losing the project after lenders filed a $417.7 million foreclosure lawsuit. The lending group, which is affiliated with Apollo Global Management, sued an affiliate of the developer last week f
Story provenance No corrections
Summary created by The Miami Editorial Desk — automated, rule-governed Original reporting Jerry Sullivan, The Real Deal Original story Read at the source Source published Jul 23, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The lender is Via Mizner Lender 1 LLC, which represents a group that includes […]This article originally appeared on The Real Deal.
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Category: arts ·
Published: July 23, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
Frequently asked about this story
What is this story about? Penn-Florida, the developer behind the long-delayed Mandarin Oriental Residences, Boca Raton is at risk of losing the project after lenders filed a $417.7 million foreclosure lawsuit. The lending group, which is affiliated with Apollo Global Management, sued an affiliate of the developer last week f
When was this published? This article was first published on July 23, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Jerry Sullivan at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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