Tuesday, June 28, 2011

Kendall

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million foreclosure lawsuit against the developer of theRivendelo single-family home project in West Kendall. The Miami-based bank filed the foreclosure action on June 9against Miami-based Crestvies II, Marsol One LLC and managingb member Marcial Solis, according to The complaint targets 28 unsols homes and home sites in Rivendell, which is alonf Miller Drive (Southwest 56th Street) between Southwest 167th Avenue and the Miccosukere Golf and Country Club. After startintg construction in 2004, Crestview II sold 103 homesx in Rivendell from 2005 through the most recent salein January. Fort Lauderdale-based attorney Charlew Lichtman, who represents TotalBank in its demandfor $12.
q2 million on the outstanding mortgage, did not immediatelyg return a call seeking comment. TotalBank reporteds having $86.4 million in late or unpaied loans, or nearly 6.5 percent of its tota loans, as of March 31. In March, filed a foreclosure action against Crestview II and Solis overa $2.1 milliohn mortgage.

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