Kas Partners wins foreclosure auction for Fort Lauderdale office condos

By Brian Bandell

Kas Partners submitted the winning bid to repossess some office condos in Fort Lauderdale.

The Coral Gables-based company managed by Daniel Stuzin won a $4.1 million foreclosure judgement against Museum Plaza Holdings and Mordechai Boaziz over a $3.1 million mortgage. The loan was originated by Great Florida Bank, which was acquired by Florida Community Bank. Kas Partners purchased the loan from the bank.

Kas Partners won the July 16 foreclosure auction by submitting a $100 credit bid, which was… …read more

From:: biz journal foreclosures

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