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Regions bank will foreclose on 2 projects in Miami-Dade

Posted by: telemahos on date

Nov 14th, 2008 | filed

Filed under: Florida real estate

Regions bank wants to foreclose on 2 projects in the south Miami-Dade county area.

The first one is a loan for $11 million dollars originated in spring of 2007 and made for the condo conversion of the 1973 built “West Cutler Gardens” located at the cross point of the “Florida Turnpike” with with “US1″.

The second is a loan for $29 million, that has an outstanding balance of $14 million, and made for the development “Solabella” in the northern Miami-dade county area.

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Tags: Alabama regions bank wants to foreclose on 2 miami-dade developments

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Regions bank will foreclose on 2 projects in Miami-Dade

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