PROJECT · SOUTH FLORIDA / 3 UPDATES
Mandarin Oriental Residences, Boca Raton
The development timeline, every story tracking Mandarin Oriental Residences, Boca Raton, oldest first.
- Jul 24, 2026Distress & OpportunityApollo lender files $418M foreclosure on Boca's Mandarin Oriental
An Apollo-affiliated lender filed a $417.7M foreclosure on Penn-Florida's stalled Mandarin Oriental condo-hotel in Boca Raton after defaults dating to 2024.
- Jul 28, 2026Distress & OpportunityPenn-Florida's Mandarin Oriental Boca Raton Faces $417.7M Foreclosure
An Apollo-affiliated lender filed a $417.7M foreclosure on Penn-Florida's stalled Mandarin Oriental condo-hotel site at 105 E Camino Real, Boca Raton.
- Aug 18, 2026Distress & OpportunityTimeline: Penn-Florida Countersues Madison Realty Over Boca Tower
Penn-Florida sued Madison Realty affiliates in New York, seeking $500M+ and alleging the lender manufactured the defaults behind its Boca foreclosure.