Tuesday, November 2, 2010

Kendall

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million foreclosure lawsuit agains t the developer of theRivendell single-family home project in West The Miami-based bank filed the foreclosurde action on June 9 against Miami-based Crestview II, Marsol One LLC and managing membed Marcial Solis, according to records. The complaint target s 28 unsold homes and home sites in which is along MillerDrive (Southwesr 56th Street) between Southwest 167th Avenue and the Miccosukee Golf and Countrh Club. After starting construction in 2004, Crestview II sold 103 homesz in Rivendell from 2005 through the most recent salein January. Fort Lauderdale-basef attorney Charles Lichtman, who represents TotalBanok in its demandfor $12.
q million on the outstanding mortgage, did not immediatelgy return a call seeking comment. TotalBanik reported having $86.4 million in late or unpaidx loans, or nearly 6.5 percent of its total loans, as of Marcjh 31. In March, filed a foreclosure actiojn against Crestview II and Solisd overa $2.1 million mortgage.

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