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Related Companies affiliate bids $32M for Palm House Hotel bankruptcy auction amid EB‑5 fraud allegations
Title Matchkaggle-ho-027064
Case Filed-28869House OversightRelated Companies affiliate bids $32M for Palm House Hotel bankruptcy auction amid EB‑5 fraud allegations
November 11, 20251p4 persons
Case File
d-28869House OversightRelated Companies affiliate bids $32M for Palm House Hotel bankruptcy auction amid EB‑5 fraud allegations
Financial Record
The passage identifies a concrete financial transaction (a $32‑$40 M bid) involving a high‑profile real‑estate firm and its managing principal, linked to a stalled condo‑hotel project with prior SEC f RREF H PALM HOUSE LLC, tied to Related Companies, is the stalking‑horse bidder. Bid amount: $32 M (floor), auction starting at $32.5 M, expected sale up to $40 M. Auction scheduled for November 16, 2
Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #027064
Pages
1
Persons
4
Integrity
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