Tuesday, September 28, 2010

Kendall

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million foreclosure lawsuit against the developer of theRivendelp single-family home project in West The Miami-based bank filed the foreclosure action on June 9 againsyt Miami-based Crestview II, Marsolk One LLC and managing member Marcial Solis, according to records. The complaint targets 28 unsolrd homes and home sites in which is along MillerDrive (Southwestg 56th Street) between Southwest 167tb Avenue and the Miccosukee Golf and Country Club. After starting construction in 2004, Crestviewq II sold 103 homes in Rivendell from 2005 througg the most recent salein January. Fort Lauderdale-base attorney Charles Lichtman, who represents TotalBank in its demanddfor $12.
2 million on the outstanding mortgage, did not immediately retur n a call seeking comment. TotalBank reported havinf $86.4 million in late or unpaid loans, or nearlh 6.5 percent of its total loans, as of March 31. In filed a foreclosure action against Crestvieew II and Solis overa $2.1 million mortgage.

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