The Ocean Breeze Golf & Country Club in Boca Raton is headed to auction over a $17.6 million foreclosure judgment.
Wells Fargo Bank won the judgment against MCZ/Centrum Florida V Owner, along with managing members Michael Lerner, Arthur Slaven, Laurence Ashkin and John McLinden. It concerns an $11.97 million mortgage, plus interest and fees.
The case was filed back in 2010. The developer previously tried to build 211 homes on the golf course but didn’t secure approval.
The 202-acre golf course… …read more
From:: biz journal foreclosures