South Florida Condo Developer Facing Lawsuits For Unfinished Projects

The South Florida Business Journal reports on the troubles facing one condo Miami, Florida developer, Leviev Boymelgreen, who reportedly has two of his projects on the BankUnited "no mortgage financing" blacklist, and is facing numerous lawsuits from its customers who want their deposits back, and one class action lawsuit from real estate brokers seeking $900,000 in damages reportedly for failure to pay real estate commissions. For more, see Litigation follows developer dreams (Africa Israel's Lev Leviev takes control of Leviev Boymelgreen properties and headaches).

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