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

Home equity emerges as a generational growth strategy for originators

Zach Witkoff sells Ritz Miami Beach villa to Todd, Alexia Nepola

Lower Mortgage Rates and Rising Listings Arrive at a Crucial Point for Spring Buyers

Related Urban, Forest, Sonnenblick vie for Marina Village dev rights

Victoria’s Secret Model Jessica Stam Lists Her Stunning Hawaii Estate for $5 Million

Rise of the ‘Zombie HOA’: What Happens When Developers Fail To Hand Over Control to Residents

Kelly Tractor’s bid to develop headquarters outside UDB deferred

Condemned Boston Home That Was Ravaged by Fire Sells for Full Ask of $776K—Just 3 Days After It Was Listed

How two LOs helped champion proprietary reverse mortgage legislation in Tennessee

Pritzker’s honor: Illinois housing reform fight intensifies
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
