Tuesday, September 25, 2012

Kendall

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million foreclosure lawsuit against the developer of theRivendelkl single-family home project in West The Miami-based bank file d the foreclosure action on June 9 against Miami-based Crestview II, Marsol One LLC and managing member Marcial according to records. The complaint targeta 28 unsold homes and home sitesin Rivendell, whicuh is along Miller Drive (Southwes t 56th Street) between Southwest 167th Avenue and the Miccosukee Golf and Countruy Club. After starting construction in 2004, Crestview II sold 103 homees in Rivendell from 2005 through the most receny salein January. Fort Lauderdale-based attorney Charled Lichtman, who represents TotalBanj in its demandfor $12.
21 million on the outstanding mortgage, did not immediatel return a call seeking comment. TotalBank reported having $86. 4 million in late or unpaid loans, or nearlyh 6.5 percent of its total loans, as of Marcg 31. In March, filed a foreclosure action againsr Crestview II and Solis overa $2.1 million mortgage.

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