Down for the count? Don King’s Magnolia Park site headed to auction
A lender is aiming to deliver a knockout blow against boxing promoter Don King over a distressed 52-acre redevelopment site in Palm Beach County. A foreclosure auction for the former jai alai fronton at 1415 45th Street in Mangonia Park is set for May 18 after Palm Beach County Circuit Court Judge Scott Kerner last month awarded a $42.5 million judgment in favor of an affiliate of Taylor Made Lending, a Pompano Beach-based hard money lender, court records show. King and Taylor Made Lending’s attorneys did not respond to requests for comment. Two entities managed by King that own the […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Buyer of Wynwood office building alleges “dangerous conditions” and “Band-Aid” repairs in suit against East End
Golden Beach spec home asking $80M tops signed contracts in Miami-Dade
BH, Lennar tap Elliman to sell single-family homes on former golf course west of Aventura
Oceanfront mansion lists for $195M in potential Palm Beach record
Resi roundup: Architect’s landmark Palm Beach home sells for $28M, waterfront mansion goes for $27M
Marina showdown: Inside the proposed $80M redevelopment of Rickenbacker Marina, Marine Stadium Marina
South Florida’s top deals: Former Pfizer exec sells Palm Beach home for $27M
Wealth building starts with behavior, expert tells Realtors
BREAKING NEWS: Florida Realtors supports property tax reform
South Florida Dirt: Mandarin Oriental Boca Raton developer fires back
