South Florida real estate tycoon Marc Roberts, who owns 30 businesses including SunVest USA, Aspen Ritz and H & R Realty, has filed for Chapter 7 bankruptcy protection. The developer has struggled for years to get his Miami Worldcenter mixed-use project off the ground. Roberts’ filing casts more doubt on whether he’ll be able to launch the 12 million-square-foot, 25-acre project, which had looked to transform a rundown portion of the city into a glitzy neighborhood with high-end shops and homes.
|Kolter scores $25M loan for 100 Las Olas|
|Apollo’s Marc Rowan sells One Ocean condo at a loss|
|The week in luxury: A map of Miami-Dade’s priciest condo sales|
|Firm tied to LA Rams’ Stan Kroenke sells retail plaza in North Lauderdale|
|Miami commission to vote on developer incentives, Overtown apartment complex and two mixed-use projects|