Saturday, June 11, 2011

Kendall

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million foreclosure lawsuit against the developer of theRivendellk single-family home project in West The Miami-based bank filed the foreclosure action on June 9 againstg Miami-based Crestview II, Marsol One LLC and managing member Marcial Solis, according to records. The complainy targets 28 unsold homes and home sitesin Rivendell, which is along Milled Drive (Southwest 56th Street) between Southwesy 167th Avenue and the Miccosukewe Golf and Country Club. After starting construction in 2004, Crestvie II sold 103 homes in Rivendell from 2005 through the most receng salein January. Fort Lauderdale-base d attorney Charles Lichtman, who represents TotalBank in its demandfor $12.
23 million on the outstanding mortgage, did not immediately returb a call seeking comment. TotalBankj reported having $86.4 million in late or unpaid ornearly 6.5 percent of its totall loans, as of March 31. In March, filefd a foreclosure action against Crestview II and Soliz overa $2.1 million mortgage.

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