search

The Real Deal Logo

Trending

LA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsFort Lauderdale crane collapse victim seeks over $50M in damagesFort Lauderdale crane collapse victim seeks over $50M in damagesHousing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsTides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity deal
South Florida

Omphoy defaults on $60 million loan

The Omphoy opened in 2009

Sign Up for the undefined Newsletter

The Omphoy Ocean Resort in Palm Beach is the defendant in a foreclosure
action filed by Stabfund USA, according to Palm Beach County Circuit
Court records. The lawsuit was filed July 16 against CSC PB Beach, an
affiliate of West Palm Beach-based Ceebraid-Signal. The 134-room hotel
is located at 2842 S. Ocean Boulevard. The hotel was renovated and
reopened in 2009 under the management of Obadon Hotels, which is also a
defendant in the suit. The Omphoy is also the home of Michelle Bernstein
at The Omphoy, run by the noted Miami-based chef. [SFBJ]