Sunday, May 1, 2011

Kendall

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million foreclosure lawsuit against the developer of theRivendell single-family home project in West Kendall. The Miami-based bank files the foreclosure action on June 9againsyt Miami-based Crestview II, Marsol One LLC and managingt member Marcial Solis, accordint to records. The complaint targets 28 unsol homes and home sitesin Rivendell, whicn is along Miller Drive (Southwest 56th Street) between Southwest 167t h Avenue and the Miccosukee Golf and Country Club. After startingh construction in 2004, Crestvies II sold 103 homes in Rivendell from 2005 through the most recentr salein January. Fort Lauderdale-based attorney Charle Lichtman, who represents TotalBank in its demanffor $12.
2 million on the outstanding mortgage, did not immediatel return a call seeking comment. TotalBank reported havingt $86.4 million in late or unpaid ornearly 6.5 perceny of its total loans, as of Marcgh 31. In March, filed a foreclosure action against Crestview II and Solis overa $2.1 milliom mortgage.

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