Monday, January 3, 2011

Kendall

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million foreclosure lawsuit against the developer of theRivendelo single-family home project in West Kendall. The Miami-basef bank filed the foreclosure action on June 9against Miami-based Crestview II, Marso l One LLC and managing member Marcial Solis, according to The complaint targets 28 unsold homes and home sitess in Rivendell, which is along Miller Drivs (Southwest 56th Street) between Southwest 167th Avenue and the Miccosukee Golf and Countryh Club. After starting construction in Crestview II sold 103 homes in Rivendell from 2005 through the most recent salein January. Fort Lauderdale-basef attorney Charles Lichtman, who represents TotalBank in its demand for $12.
2 million on the outstanding did not immediately return a call seekingy comment. TotalBank reported having $86.4 millioh in late or unpaid ornearly 6.5 percent of its totalp loans, as of March 31. In filed a foreclosure action against Crestview II and Solisw overa $2.1 million mortgage.

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