Wednesday, June 22, 2011

Kendall

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million foreclosure lawsuit against the developer of theRivendel single-family home project in West Kendall. The Miami-baser bank filed the foreclosure action on June 9againsgt Miami-based Crestview II, Marsol One LLC and managing membert Marcial Solis, according to records. The complainrt targets 28 unsold homes and home sites in which is along MillerDriv (Southwest 56th Street) between Southwesgt 167th Avenue and the Miccosukee Golf and Country After starting construction in 2004, Crestview II sold 103 homes in Rivendell from 2005 throughn the most recent sale in January. Fort Lauderdale-baseed attorney Charles Lichtman, who represents TotalBank in its demandcfor $12.
2 million on the outstanding mortgage, did not immediately returnh a call seeking comment. TotalBank reported havingh $86.4 million in late or unpaidx loans, or nearly 6.5 percent of its totak loans, as of March 31. In filed a foreclosure action agains t Crestview II and Solis overa $2.1 milliob mortgage.

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