Foreclosure Lender seeks to foreclose on Shore Club By: Eric Kalis
A lender associated with Miami Beach-based LNR Partners is seeking to foreclose on the owner of the Shore Club, one of South Beach’s most prominent hotels and entertainment destinations.
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Investments Partnership to provide $450 million in venture capital By: Wayne Tompkins
Florida small businesses will have access to as much as $450 million in investment capital under a partnership announced Thursday between the Orlando-based Florida Mezzanine Fund and CapitalSouth Partners.
Lewis Freeman
Fraud Former receiver Lewis Freeman pleads guilty to $2.6 million fraud By: John Pacenti
Miami attorney-accountant Lewis Freeman pleaded guilty to a fraud charge, admitting he pilfered $2.6 million from court-supervised accounts over a decade.
Myriam Mezadieu
Immigration Fees, deadlines loom for Haitians in Florida By: Julie Kay Legal groups are concerned that news of the temporary protected status offer by Obama administration has not is not being taken advantage of by Haitians in the U.S.
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South Florida’s Auxis Inc., a management consulting company, is helping Fortune 100s to middle-market organizations improve cost structure and back office effectiveness and efficiency – saving them millions in the process.
Retail REIT buys back 3 shopping centers for about $57 million By: Eric Kalis
Three South Florida shopping centers have been sold for about $57 million as part of a larger portfolio purchase by public investor Inland Real Estate Acquisitions.
Steven Lippman
Rothstein Fallout Former RRA partner Steve Lippman says he’ll answer at deposition By: Jordana Mishory
A hearing was set Wednesday on Lippman’s request to postpone a deposition sought by the law firm’s bankruptcy trustee, but attorneys arrived in court with an agreement on how to proceed.
2669 S. Bayshore Drive
Foreclosures $27 million foreclosure suit filed against Merco Group By: Eric Kalis
U.S. Century Bank has filed a $27 million foreclosure action against Merco Group at MGI Residences, an affiliate of Merco, over a scuttled 20-story residential project at 2675 S. Bayshore Drive near the Coconut Grove Hotel in Miami.
Alvin Lodish
Jury Verdicts & Settlements Cable grid provider awarded $4.82 million By: Review staff & VerdictSearch Strategic Technologies, Lennar’s cable provider subsidiary, cried foul years after it sold its large South Florida grids to FSN Cable, claiming the buyer miscalculated the number of subscribers and improperly held back millions of dollars.