South FloridaSep 4, 2025Judge gives Dan Kodsi two months to pay $35M debt in Legacy Miami Worldcenter foreclosureMonarch took over the loan in June, sued to foreclose a month later
South FloridaJan 24, 2025“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up More than 18K new units were delivered last year, but net absorption lagged at 15K units, CoStar data shows
South FloridaJul 7, 2025“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuitFuture of 50-story mixed-use condo and hotel tower under construction hangs in the balance