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Airbnb sues Miami partner in branded apartments concept

Airbnb accuses Miami real estate developer Harvey Hernandez of defrauding the short-term rental company and diverting funds that were to be used for an apartment-sharing concept. Airbnb claims it invested $ 11 million in a partnership with Hernandez’s Newgard Development Group to offer Airbnb-branded apartments. Newgard was supposed to open at least seven of these projects, including in one in Kissimmee, Florida, in in 2019, according to Airbnb’s lawsuit filed Thursday in Northern California. So far,


The Real Deal New York

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