South Florida Distress Tracker
Every foreclosure, default, creditor suit and auction we cover, in the order it was filed. Drawn from the public record and updated as new documents land.
Distress is the clearest signal in this market and the hardest to see from the outside, because it arrives as paperwork long before it arrives as news. This page is the running log: what was filed, against whom, for how much, and when.
Every entry links to our reporting on the filing itself. Claims are attributed to the document. A complaint is an allegation, not a finding.
Running stories
The log
Week of September 21, 20268
- Supermarket Heirs Countersue Zeckendorfs Over $5M Painting$4.955M
- Brightline's Downtown Miami Retail Placed Into Receivership$65M
- Blackstone-Linked Lender Takes Grand Central Tower for $1,000$1,000
- NYCHA Sends Termination Notices to Chelsea Holdouts in $1.2B Rebuild$1.2B
- Bronx Landlord With 109 Open Violations Loses Entire Building to Fire
- Kensington Landlord With 113 Open Violations Loses Building to Fire
- Community Groups Sue Austin Over Endeavor's $5B Dog's Head Deal$5B
- Related Ross, Fort Partners Swap West Palm Beach Waterfront Land$20M
Week of September 14, 202624
- County Halts Construction at Ken Griffin's Citadel HQ in Brickell
- AG Moves to Protect Elmhurst Burial Ground From Foreclosure Sale
- Mill Creek Pulls $68M Permit for Modera Aventura South$68M
- 1925 Hollywood Lakes Estate Heads to Auction on $3.06M Judgment$3.06M
- Arbors Aventura Apartments Sell 18% Below Their 2022 Price$28.7M
- Galium Capital Buys Arbors Aventura in North Miami Beach for $28.7M$28.7M
- Brookfield's Republic Plaza in Denver Falls Into Receivership$230.1M
- Assa Loses 511 Ninth Avenue at Auction, Deed Not Yet Recorded$68M to $71.3M
- Acore Is Reported to Have Taken 707 11th Avenue. No Deed on the Lot.$95M
- Torrealba's MG Developer Sells North Bay Village Stake to Prosper$20M
- NYC Offers $60M for 64 Seized Buildings, 500 Claims Remain
- Soros Has Held the Argonaut Mortgage Since 2023, Records Show$145M
- The $420M Black Rock Loan, As the Record Actually Shows It$760M
- Two Buyers Blocked: 57 Bed-Stuy Units Go to a Nonprofit Instead$3M
- Miami-Dade Threatens to Reclaim 30 Stalled Liberty City Lots
- Timeline: MG Developer and the Coral Gables Creditor Lawsuits$14.2M+
- A $39M Bronx Loan on 290 Apartments Hits Pre-Foreclosure$134,483
- Herald Square Demolition Filer Appears in No City Record$50M
- SomeraRoad Brands the Bossert Ritz-Carlton; the Seller Funded 71%$100M
- Stonerock's Two Downtown Miami Towers Face $65.7M Foreclosure$65.7M
- Bushwick Loft Building Sells 24% Below Its 2016 Price$30M
- DOB Revoked Every Redcode Safety Card. GCs Have Until Dec. 7.$500
- Rockefeller Group Files 340 Apartments at 200 West 97th Street
- A South Florida Lender Is Foreclosing on a Company, Not a Building$90.1M
Week of September 7, 20268
- DAMAC's $347M Surfside Permit Bigger Than Its Announced Project$347.2M
- Miami-Dade Permit Wire: Alphaville IX Leads a $41M Week$41.3M
- Redfearn Capital Pays $42.2M for Delray Beach Atlantic Avenue Retail$42.2M
- Broker Sues Reuben Brothers, O'Connor Capital Over Palm Beach Deal$200M
- $89M in South Florida Foreclosure Auctions Set for Sale$66M
- West Grove Residents Sue Over Coconut Grove Playhouse Approval$59M
- Bofsa Properties Sues Lake Park Over Alleged Extortion Scheme
- Morningside Bayfront Mansion Goes to Auction on $11.6M Judgment$11.6M
Week of August 31, 20267
- Craig Zinn Pulls $23.5M Permit for Subaru of West Kendall$23.5M
- New Urban Development Lands $32M Permit for View 29 in Wynwood$32M
- Rockpoint, Newbond Buy Hotel Maren Fort Lauderdale Beach for $47.1M$47.1M
- Extra Space Storage Pulls $14M Permit in Westchester$14M
- Miami-Dade courthouse auction gets zero bids, extended to Sept. 18$0
- Jorge Ramos Blue Lagoon Closing Fight Reaches the Court$50M
- $4.6B in New CMBS Distress Includes a CyrusOne Data Center Loan$4.6B
Week of August 24, 202614
- Greenstone Sues Forest Development Over Nautilus 220 Lien in Lake Park$600,306
- $10.7B of Sub-Breakeven Office Loans Hit Hard Maturity by 2029$10.7B
- Juan Awais, 5 Others Charged in $5.8M Hialeah Condo HOA Fraud$5.8M
- Rishi Kapoor Sentenced to 11-Plus Years for $89M Fraud Scheme$89M
- Joe Farrell Borrows $49M for Wellington Homes Amid Lawsuits$49M
- Caring Village senior facilities in Margate, Davie face auction$12.2M
- MG Developer Faces Six Lawsuits Over North Bay Village, Gables Debt$6M+
- Adviser floats boutique hotel for Miami-Dade's courthouse auction$35.41M
- Traditions Management Pays $83M for Whole Foods-Anchored Doral Plaza$83M
- 305-Unit Tower Pulls $60M Vertical Permit in Miami's Little Havana$60M
- Wells Fargo Moves to Foreclose Boca's Workspace Property Trust$1.28B
- Deerfield Beach Hampton Inn Sells Below Its 2015 Price$9.75M
- DeKalb County Rejects $1.6B Data Center in Ellenwood$1.6B
- Grupo T&C Pulls $129M Vertical Permit for Edge House Edgewater$128.6M
Week of August 17, 202612
- Penn-Florida Wins Stay, Via Mizner UCC Sale Pushed to October$417.7M
- MG Developer's Torrealba Sued Four Times Over Coral Gables Debt$3.4M+
- Penn-Florida Says Its Lender Botched Mandarin Oriental Boca Raton$417.7M
- Devtov Group Owes Navja Corp $1.8M in Pinecrest Spec Home Fight$1.8M
- $263M Permit Issued at 2 Island Drive, Fisher Island$263M
- SoMi Walk's 173-Unit Hotel Wins $70.1M Permit in South Miami$70.1M
- Chetrit Group Dissolves Amid Family Dispute, Keeps Miami River Stake$964M
- Jorge Ramos Wins Blue Lagoon MIA Site for $50M in Bankruptcy Auction$50M
- Ritz-Carlton Coconut Grove Condo Owners Sue Gencom, Hersha
- Timeline: Penn-Florida Countersues Madison Realty Over Boca Tower$500M+
- CGI Merchant Group's $650M Fund Fails After Pennsylvania Ave Loss$650M
- Miami Beach Neighbor Sues Soffer's Fontainebleau Water Park
Week of August 10, 20266
- Hill City Capital Closes $93.25M Buy of Spirit's Dania Beach HQ$93.25M
- Fortress Provides $263M Refinancing for St. Regis Bal Harbour$263M
- Vornado, Related's Google-Anchored NYC Tower Nears Default$396M
- Toledano, Israeli Backer Trade Third Suit Over Cutler Bay Megaproject$13.5M+
- Caribbean Isles Senior Housing Tops Out in South Miami Heights$68M
- Beacon Sales/QXO Files Lien Suit Against Palm Greens Villa Del Ray$76,249.87
Week of August 3, 20266
- Norle Properties Pulls $73M Permit for 366-Unit Glenvar Heights Tower$73.2M
- NR Investments Pulls $104M Permit for 398-Unit UniDos in Omni$104M
- Florida has approved just one hyperscale data center statewide
- Brightline's MiamiCentral Retail Hit With Foreclosure Suit
- Sweetbird North Pulls $31M Permit in the Design District$31.1M
- Eichner's Continuum, La Baia HOA Sue Suffolk in Bay Harbor Islands$401
Week of July 27, 202610
- Alpha Insulation Sues Via Mizner Over $312K at Boca Raton's Tower 105$312K
- Marquis Miami condo board sues Madison Realty Capital, wants receiver
- Hill City Capital Bids $88M for Spirit Airlines' Dania Beach HQ$88M
- Ballot language fight could delay Florida's property tax Amendment 3$150K
- SEC Charges Tampa REIT Founders in Alleged $152M Investor Fraud$152M
- Brasfield & Gorrie lands $158M office build at Miami's Waterford park$158M
- Judge dismisses suit over Palm Beach County's $1B Israel bonds
- Penn-Florida's Mandarin Oriental Boca Raton Faces $417.7M Foreclosure$417.7M
- GFP's 222 Broadway conversion halted after unreported cracked beams
- Swire's $226M Brickell Key permit puts $466M on one parcel$466M
Week of July 20, 20268
- Integra buys 304 evacuated Pembroke Pines condos for $20.5M$20.5M
- Apollo lender files $418M foreclosure on Boca's Mandarin Oriental$417.7M
- Forest Development sues Kast over its $242M Nautilus 220 towers$242.1M
- Bank OZK, a top construction lender, is pulling back hard$500M
- Court clears the $470M sale of LA's graffiti towers to KPC Square$470M
- Florida leads US foreclosures. South Florida isn't on the list
- Kapoor's receiver moves to hand buyers $3.5M from the wreckage$3.5M
- Ardent takes back Stonerock's Flagler Street towers for $15M$15M
Week of July 13, 202615
- LD&D breaks ground on Datura tower with main permit unissued$1M
- 81-key Hillsboro Beach resort goes back to lender for $40,100$40,100
- Lithia Motors lands $31.5M permit for 434,424 sq ft Doral garage$31.5M
- Camino Capital's Metro 2 Edgewater tower lands a $61M permit$61.2M
- Miami Gardens pulls a $65M permit on its City Hall back lot$65M
- Swire's Mandarin Oriental towers clear $240M Brickell Key permit$240M
- Apartment demand hits a 25-year high as supply wave clears
- Slatkins' $280M Santa Monica hotel loan hits special servicing$280M
- PJM power hits the cap again as data centers add $6.2B$325/MW-day
- Hawthorne Race Course draws $90M bid, below its land-only appraisal$90M
- PIMCO's Columbia extends $1.8B office loan on 650 California to 2028$1.8B
- Jamison's Equitable Plaza value cut 62% to $58M in LA$58M
- Ian Jacobs bets $48.5M on Union Square as vacancy eases$48.5M
- Longpoint pays $38.8M for Medley warehouse portfolio in Miami$38.8M
- Seven Equity grabs ex-WeWork Tenderloin office for $6.8M$6.8M
Week of July 6, 202611
- Mavik raises $1B to buy the distress the maturity wall is creating$1B
- Rockpoint and Urby bet on a 69-story, all-market-rate JC tower
- Tallest US mass timber tower heads to foreclosure$11.3M
- Cohen Brothers restarts 400K sf West Palm office tower$10M
- Bankrupt REIT sells 7-building Houston office park
- Miami Freedom Park lands $193M permit for commercial phase$193M
- Lenders move on Hackman's Television City over $357M debt$357M
- Residents sue to block Related's Hollywood Live Local tower
- Ex-FHA chief Frank Cassidy returns to Walker & Dunlop
- Denver apartments trade at a 48% discount as oversupply bites$30M
- Charlotte's Brooklyn Village site sells for $24.3M after foreclosure$24.3M
Every filing, every week, in your inbox
The distress filings, permits and deals we pull from the public record, before they reach the news.