August 01, 2018
Property filed for bankruptcy
HOUSE_OVERSIGHT_027068.jpg
A news article by Keith Larsen dated October 11, 2018, reporting that an affiliate of Related Companies (RREF II PALM HOUSE LLC), led by Justin Metz, placed a $32 million stalking horse bid for the bankrupt Palm House Hotel in Palm Beach. The property, previously linked to developer Robert Matthews who faces SEC fraud allegations, was scheduled for auction on November 16, 2018, with Cushman & Wakefield acting as marketing advisers. The document is stamped with a House Oversight footer.
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