Orchid Grove Pompano Beach, FL

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DEAL TYPE
:Note Acquisition
PROPERTY TYPE
:Residential Land Development / SFH
MARKET STATUS
:active

Property Description:

In April 2009, 13th Floor purchased the mortgage and note secured by Orchid Grove, a master planned community located in Pompano Beach, FL.  At the time of acquisition, the loan collateral consisted of 62 finished townhome units, 236 finished townhome lots, and 2 development pads for 96 condominium units.  In September 2010, 13th Floor finalized the foreclosure and took title to the loan collateral.

Map

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