Receiver Alan Fine takes over troubled 1212 Aventura mixed-use project

by Francisco Alvarado

Receiver Alan Fine is taking over the distressed 1212 Aventura mixed-use project after more than a dozen office condo owners were forced to vacate the property this summer. In an order signed on Tuesday, Miami-Dade Circuit Court Judge Thomas Rebull appointed Fine to oversee and manage Medical District Developments, the entity developing the nearly completed project at 21290 Biscayne Boulevard. 1212 Aventura consists of an assisted senior living facility with 163 apartments, 39 office condos spanning 25,796 square feet and 29,684 square feet of retail.  Rebull is presiding over a foreclosure case against Medical District Developments filed in March by […]This article originally appeared on The Real Deal. Click here to read the full story.
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