Construction of the building was on hold for a while after its original owner, Globe Asiatique, got involved in a scam.

Sky Suites was foreclosed by the Rizal Commercial Banking Corp. (RCBC) in September 2010 after ₱6.6 billion scam case was filed on Delfin Lee the owner of Globe Asiatique.

Lee was accused of devising ghost borrowers to gain ₱6.6 billion worth of housing loans from Pag-IBIG Fund.

[5] In May 2014, DoubleDragon Properties began efforts to acquire the building from the Rizal Commercial Banking Corporation.

[5] Double Dragon announced in September 2014 that it has fully acquired the building after a 90 due diligence period.