Rok family’s mortgage firm takes ownership of distressed Aventura site
A months-long legal battle between Rok Lending and Miami developer Marlon Gomez over a foreclosed development site in Aventura appears to be nearing an end after a slew of bankruptcy filings and failed last-minute court maneuvers. An affiliate of Aventura-based Rok Lending, led by CEO Bryan Morjain, paid $477,800 for the 1.6-acre property at 21291 Northeast 28th Avenue in a foreclosure auction held Sept. 3, court records show. The purchase followed a $19.9 million judgment the lender secured in February against Gomez’s entity, which allegedly defaulted on a $15 million loan issued in 2023. The Rok Lending affiliate received its […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
A rising threat to homeownership: How heirs’ property undermines affordable housing
Figure unveils industry-first blockchain stock offering
Beazer Homes shifts to move-up buyers, bets on energy efficiency
‘Selling Sunset’ Star Mary Bonnet Reveals How Much She Really Earns—as She Lays Bare ‘Ironclad’ Prenup
PHH Mortgage will halt reverse originations, sell MSRs to Finance of America
Illinois is Struggling in Affordability and Homebuilding: Can Governor Pritzker Revive the Market?
Nantucket Homeowner Accused of Chopping Down Neighbor’s Trees Sells Property for $2.1 Million Below Asking
When land strategy meets AI: homebuilders gain a new edge
Whoopi Goldberg Takes Hiatus From ‘The View’ To Pursue Acting Role in Italy—After Revealing Desire To Spread Her Wings Beyond Daytime TV
Riviera Beach picks partner in $481M redevelopment plan
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131