ANGUILLA, BRITISH WEST INDIES-The resort project's developer was Flag Luxury; the owner, US entertainment mogul Robert Sillerman. But now the $180 million mortgage is back in the hands of the lenders, according to the Wall Street Journal.
The developer is Flag Luxury Properties LLC, and the owner is entertainment entrepreneur Robert Sillerman, the Journal reports.
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May 12, 2026
However, leasing dropped by eight percent.
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Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
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