Miami Gardens warehouse heads to foreclosure auction

By Brian Bandell

A warehouse in Miami Gardens was scheduled for foreclosure auction after its owner lost a $3.7 million foreclosure judgment.

U.S. Bank, representing a securitized commercial mortgage (CMBS) trust, won a foreclosure judgment against 5255 Holdings, along with managing members Ana Maria Arias and Ricardo Julio Arias, over a $2.96 million mortgage, plus interest and fees.

The 43,974-square-foot warehouse at 5255 N.W. 165th Street is set for online auction Aug. 17. Miami attorney Lee D. Mackson represents… …read more

From:: biz journal foreclosures

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