A foreclosure lawsuit over the former Bertram Yacht property on the Miami River has been resolved and the owner can move forward with a redevelopment plan.
Birch Commercial Mortgage, an affiliate of San Francisco-based Alecta Real Estate Investment, filed the $16 million foreclosure lawsuit in January against Interterra Investments Group and Intermarine Investments. Both companies are managed by Jorge H. Bernstein, an architect from Argentina, although he wasn’t named in the lawsuit.
The lender… …read more
From:: biz journal foreclosures