DMD Ventures claims lender seeks unlawful foreclosure of Fort Lauderdale dev site

by Francisco Alvarado

DMD Ventures launched a preemptive legal strike in an attempt to stave off foreclosure of a 2-acre multifamily development site in Fort Lauderdale.  On June 13, a Naples-based lending entity managed by lawyer Anthony Korda sued Fort Lauderdale-based DMD in Broward County Circuit Court for allegedly defaulting on an $11 million mortgage.  But a month […]This article originally appeared on The Real Deal. Click here to read the full story.

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