Three big South Florida commercial properties sent to foreclosure auction

By Brian Bandell

Three commercial properties in Palm Beach and Broward counties were recently scheduled for foreclosure auction.

The owner of the Mizner place office park in West Palm Beach lost a $5.1 million foreclosure judgment.

U.S. Bank, representing a commercial mortgage-backed securities (CMBS) trust, won the judgment against Foundation IV LLC over a $4.98 million mortgage, plus interest and fees. The borrower is managed by Brian K. Waxman, Peter J. Applefield and Mali Liberty in Palm Beach Gardens but none… …read more

From:: biz journal foreclosures

Leave a Reply