Stalled condo will be bought out of foreclosure, restarted
Friday Apr 28th, 2017
ShareAn investment group has stepped forward to acquire the stalled H3 Hollywood Condominium project out of foreclosure and aims to resume construction. Vivian Dimond said she is the managing partner of a group of investors that purchased the $7 million first mortgage on the property and has also struck a deal with LB Construction to take title to the partially-completed building at 2165 Van Buren Street. Dimond, who is also a broker with Brown Harris Stevens Avatar in Miami, said... [read more]