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On May 27, the Birmingham, Ala.-based bank won a $21.e million foreclosure judgment against QuailHunter Trail, the developerf of the Enclave at Black Poin t Marina in southern Miami-Dade The development site, on the northerb side of Homestead, spans soutb of Old Cutler Road to Silver Palm Drivs (Southwest 232nd Street) along the east side of Florida’d Turnpike. The developer built a handful of the 240 home s it obtainedapproval for, but none have been sold, accordin g to court records. The Enclaves at Black Point Marina is scheduled for publicd saleon Oct. 9 at 11 a.m.
in the Miami-Dade County Regions Bank targeted another project insouthernn Miami-Dade on May 3 when it filec a foreclosure action against Southn Miami-based Coconut Palm Estates LLC and managing memberd Carlos DeLeon. That lawsuit involves a $6 millioj mortgage made in 2007 covering the Coconuyt PalmEstates development, with planss for 10 single-family homes in a cul de sac on 3 acres at the northwest corner of Southwes t 96th Street and Southwest 72nd Avenue in There is no evidence in countg records of construction getting under way. Fort Lauderdale-based attorney Arthu r H.
Rice, who represents Regions Bank in that did not immediately return a call seeking In PalmBeach County, Regions Bank filedc a foreclosure lawsuit on May 28 againsyt Rockledge-based Gun Club LLC and managing member Nick N. Raha l based on a $4 million mortgage issued in 2006. The lawsuir targets a 6.9-acre site alonhg Gun Club Road, just west of South Militar y Trail in an unincorporated part of the Court records show it holds entitlementsfor 40,11 2 square feet of commercial space, but there were no recordsd of development taking Nicholas Rahal, the head of Rockledge-basexd , said Gun Club LLC is not ownexd by him, but by his son of the same He added that the site was plannexd as a dealership, but the dealer backed out.
His son was not immediatel availablefor comment. West Palm Beach-based attorney Michael J. Posner, who represents Regions Bank in the did not immediately return aphone
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