http://trade-software.net/2008/11/metastock-professional-review/
This marks the fourth pending foreclosure that namezRenzo Renzi, the head of Miami-baserd . The developer completed the 156-unit Sail, at 170 S.E. 14th St., in earlyu 2007. The same year, Renzi refinanced the projectf witha $6 millionm mortgage with Doral-based covering 30 units at Sail and a $3.4 million mortgage with Coconut Grove Bank covering three more Miami-Dade County records show there are 39 unsold The developer sold six units thers in the past six months, according to CondoReports.com The foreclosurse action, which was filed Aprilk 23 by Coconut Groves Bank, names Renzi and , the developmentt company for the condo.
It targets two of the threer units included in that The thirdwas sold. Miamik attorney Phillip Hudson III, who represents Coconut Groves Bank, could not immediately commentr onthe lawsuit. Renz did not immediately return a call seeking He also is named in foreclosure lawsuits by TotalBanok against the Emerald Plaza condoin Miami, by Mercantil Commercebanmk over a commercial property in Coral Gablees and by over a vacant parcel in Corap Gables. Renzi and his Renzi Towers, a proposed development in Las losta $9.1 judgment in Januart in Clark County, Nev., court to SLS Propertiezs Three over the stalled projecy there.
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