Approaching the Mandarin Oriental property in Boca Raton on Federal Highway. (Photo: Boca Daily News)
The owner of the Mandarin Oriental hotel and residences property in downtown Boca Raton has filed for bankruptcy protection, placing the status of the long-delayed and uncompleted development in deeper limbo.
The ownership firm, Via Mizner Owner II LLC, filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Florida on Dec. 23, 2025, according to court documents. The filing stemmed from the debtor’s “inability to repay secured lenders,” including IG Romspen US Master Mortgage LP and Via Mizner Funding LP. The firms are owed $130 million and $80 million, respectively. A meeting of creditors was scheduled by the court to be held Jan. 29, 2026, according to documents produced since the initial filing last week…