A court appointed receiver for Send Enterprises LLC, sold a dozen home lots in various stages of development throughout Coconut Grove with the permission from a Miami-Dade judge to Red Treehouse LLC, a company registered in Wyoming.
A Dozen Lots In Miami’s Coconut Grove Sold Out Of Receivership For $16.5 Million Read More »
In what lawsuits allege was a long-running real estate fraud in Coconut Grove. a judge just approved a settlement among parties with the most money at stake. The $33 million deal omits those who put $20 million down on homes and lots where, their lawsuits allege, the developer fraudulently delayed completion while collecting multiple deposits and obtaining loans on the same properties.
Judge Approves Partial Settlement In Coconut Grove Property Dispute Read More »
Lawsuits claim Send Enterprises, the company run by Douglas Cox and Nicole Pearl, intentionally strung buyers along for years, leaving their properties unfinished as they collected multiple deposits for the same parcel. At this time, it’s unclear how much of the down payments will be returned to the would-be buyers. The settlement proposal is set for a hearing before a Miami-Dade Circuit Judge.
A Miami-Dade Circuit Court Judge just approved the bulk sale of one dozen choice, lush lots in the highly desirable real estate market of Coconut Grove. The auction is being held to raise money to help pay back $85 million that buyers, investors and lenders claim they are owed by developer Doug Cox.
‘King Of Coconut Grove’ Is Broke, Judge Says. A Dozen Of His Lots Will Be Auctioned Read More »
A lender is foreclosing on the Coconut Grove properties of developer Doug Cox demanding to take control of two dozen ready-to-move-in houses and prime vacant lots because of his failure to repay a $43 million debt. But the buyers just got a lifeline when Miami-Dade Circuit Court judge appointed a receiver to oversee a tangled web of lawsuits, purchase contracts and fraud accusations centered on Cox.
‘King of Coconut Grove’ Faces Foreclosure. His Buyers Could Lose Their Homes Read More »
