Coastline hit with $5.8M foreclosure on Hallandale Beach dev site, as South Florida debt woes continue

A developer planning a medical office building in Hallandale Beach was hit with a $5.8 million foreclosure suit on the site.  The case comes as debt woes, including foreclosures and bankruptcies, continue in South Florida amid elevated interest rates, skyrocketing insurance, an office and apartment leasing slowdown and other economic headwinds.  Fort Lauderdale-based OptimumBank sued […]

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