Trouble in Wellington: Lotis project marked by infighting, claims of unpaid bills
Six years ago, mixed-use project Lotis Wellington scored zoning approval, with a development partner at the time presenting the plans for an ambitious community with residences, retail, restaurants and offices. But the partly finished project in Palm Beach County has devolved into developer infighting playing out in court, as well as two lawsuits and a flurry of liens adding up to over $5 million of allegedly unpaid bills to subcontractors and a potential restaurant tenant, according to records. Lotis Group’s known partners are James Gielda, Adam Freedman and John Markey, a trio that has been in real estate together since […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
