Foreclosure fight: North Beach condo-hotel owners rally against $9.4M in assessments (FL)

For close to a year, investors have been locked in an epic fight to hold onto their units in a 1990s Miami Beach condo-hotel, amid claims they owe $9.4 million in unpaid assessments.  Between December 13, 2016 and October 9, Port Orange, Florida-based Schecher Group has filed foreclosure lawsuits against 65 individuals and companies that own units in the Sixty Sixty Resort at 6060 Indian Creek Drive. According to legal documents filed in Miami-Dade Circuit Court, Schecher owns Sixty Sixty’s hotel unit and is empowered to make and collect assessments for shared costs.     Read the article……………….


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