The owners of a 150-room Miami hotel, including the managing parters of the regional center that helped finance the project, are suing its architect for $3.7 million over problems with the HVAC system. The hotel was slated to open in summer of 2017 but this was delayed till February 2019.Read The Real Deal article
Date
Oct 17th, 2020
Comments
To leave comments you must Register first
Related Articles
Legal Drama
Read
EB-5 investors agree to drop lawsuit against former bank employee in exchange for evidence against other defendants in Miami Beach hotel Fraud Case
Commentary
Read
Some Miami developers still looking to build hotels with EB-5 capital, including Mexican ‘flight money’
General
Read
Default judgement against Miami developer accused of fraud who missed last 3 depositions
Miami EB-5 hotel ownership, led by regional center managers, sues architect over alleged defects and delayed Opening
Stay informed about EB-5 news.
Recently added articles
View All Articles
Processing Times
Read
Q4 FY 2023 EB-5 data is good news for the industry: new filings and processing totals continue to rise
Processing Times
Read
Investor group meets a second time with CIS Ombudsman’s Office to discuss more fair EB-5 policies and processing
Processing Times
Read