Tuesday, January 31, 2012

Kendall

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million foreclosure lawsuit against the developer of theRivendell single-family home projec in West Kendall. The Miami-bases bank filed the foreclosure actioh on June 9against Miami-based Crestview II, Marsol One LLC and managinv member Marcial Solis, according to records. The complainf targets 28 unsold homes and home sitesin Rivendell, which is along Miller Drivde (Southwest 56th Street) between Southwest 167ty Avenue and the Miccosukee Golf and Countryh Club. After starting construction in 2004, Crestview II sold 103 homex in Rivendell from 2005 throug h the most recent salein January. Fort Lauderdale-based attorney Charlesd Lichtman, who represents TotalBank in its demandfor $12.
12 million on the outstanding mortgage, did not immediately return a call seekingh comment. TotalBank reported having $86.4 million in late or unpaidf loans, or nearly 6.5 percent of its total as of March 31. In March, filec a foreclosure action against Crestvies II and Solis overa $2.1 million mortgage.

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