Salazar Jackson represents former Miami nonprofit health center in $5.7 Million Sale; Resolves foreclosure suit

November 12, 2013 Posted in Firm News

The Miami headquarters of the Helen B. Bentley Family Health Center was sold for $5.7 million to Treo Douglas Station LLC. This sale resolves a foreclosure suit brought by Bayview Loan Services earlier this year regarding a $3.3 million mortgage. Salazar Jackson Cofounder Linda Worton Jackson represented the Center, which plans to use the proceeds of the sale to dedicate a memorial in the name of Helen B. Bentley.

“This sale opens the site up to a wonderful redevelopment opportunity,” said Jackson. 

The 1.2-acre site is located at 3090 S. Douglas Road in Coconut Grove. The deal was brokered by Sperry Van Ness agents John Lonardo, Caroline Camus and Matthew Rotolante. The property is zoned for a 10-story building and the new owners plan to build a retail and office project, which could also include residential units.

The acquisition was financed by a $3.3 million mortgage from Aventura-based Kireland Lender Investments.

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Salazar Jackson LLP (http://www.salazarjackson.com) is a Miami-based firm that serves individuals and businesses facing financial crisis, complex commercial litigation or government investigations as well as those seeking to seize financial or business opportunities through startups, mergers, acquisitions and divestitures. They represent clients in matters throughout the country.