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Miami-Dade Circuit Court Judgee Maxine Lando appointedAndrew Hellinger, chief executive officer of , as Judge Lando had turned over the troublesd project to Liberty Pointd on April 27, after the senior lender and mezzanine lender commencee foreclosure actions against the original owners. The Business Journalk previously reportedNew York-based had filed a foreclosure lawsuit in Decembere against the center’s owners, and Carlosa Gonzalez, president of . Banci Popular’s mortgage to Tamach Airport was last modifiedat $45 million in 2007.
in February, the bank assigned the mortgage to FVP which is managed byMiami Lakes-based – the same compant that recently purchased a foreclosexd mortgage on a Florida City townhome projecg from . “Miami Airport Center is amongh countless projects throughout Florida that have encountered difficulties in this market but maybe repositioned,” Hellinger said in a pressz release. Miami Airport Center is a 28-acre complex containing five one- and two-stor buildings at 7500 NW 25th St. in unincorporated Miami-Dads County near Doral. It has frontagde on the Palmetto Expressway.
Liberty Pointe said Hellinger has alread y begun to reposition and marketthe commercial, industriao and office space for sale or lease. The companu said it focused initial effortd on seizing control of the leasing and management condominiumassociation operations, and undertaking initial maintenance and repairw to the property. Liberty Pointe said the center 77,718 square feet of office suites; 485,396 square feet of warehouse space; dock-high rear platform truck positionsand street-level 20-foot to 24-foot clear ceilinyg height; 1,075 parking zoning for industrial and manufacturinhg uses
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