Eichner’s Continuum sued over financing for North Miami condo buyout deal
Ian Bruce Eichner’s Continuum Company is being sued by a lender that alleges it’s owed more than half a million dollars in fees tied to the firm’s planned condo buyout in North Miami. Boston-based CW Investment Advisers filed a lawsuit against New York-based and Miami-based Continuum over the financing backing the $61 million buyout of the Mariners Bay condo building at 12000 North Bayshore Drive. The complaint was filed in New York County Court. The four-story, 46-unit condo building would eventually be torn down and replaced with a 20-story, 267-unit condo building. Continuum tapped a national mortgage brokerage firm to […]This article originally appeared on The Real Deal. Click here to read the full story.
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