Tibor Hollo-led Company Purchases Delray Beach Home Project
The stalled Mizner Grande Estates home project was just purchased by a company led by Miami developer Tibor Hollo for $2 million.
The stalled Mizner Grande Estates home project was just purchased by a company led by Miami developer Tibor Hollo for $2 million.
The home project includes 10 home lots located on the south side of Linton Boulevard just west of South Jog Road. The company that purchased the project from Mizner Grande Partners is 1814 Brickell LLC – led by Hollo, president of Florida East Coast Realty, along with Jerome Hollo, Wayne Hollo and Leonard Katz.
Reports indicate that the $2 million could be a short sale, as Mizner Grande Partners’ mortgage was last modified at $4.5 million in 2009. When the lender Pennisula Bank failed, the assets were acquired by Miami-based Florida Community Bank.
Several homes in the project were completed, but none have been sold.
Source: Biz Journals
Like Haute Living Miami? Join our Facebook page or follow us on Twitter @HauteLivingFL. Want Haute Living Miami delivered to your inbox once a week? Sign up for our newsletter.
Latest from Haute Living
South Florida Luxury Market Report: September 2026 Brings 94 $3M+ Closings and $645.4M
Loewe Spring Summer 2027 Finds Its Footing in New England Ease & Spanish Drama
The Haute 20™ for October 2026: South Florida’s Top 20 New Luxury Developments
