Friday, June 17, 2011

Lubavitch Education Center faces foreclosure - Nashville Business Journal:

http://bildingnewspro.biz/Houses-For-Rent/Tooele-Utah-Houses-For-Rent/
’s 84,020-square-foot, seven-story building on seveh acres, along with two other properties, is named in the $8 millio foreclosure lawsuit filed on June 23 bythe Ala-based bank in Miami-Dade County Circuity Court. The nonprofit center is affiliated with theChabad Lubavitch, an orthodox Jewish movement that has temples and educatio n centers throughout the world. The foreclosurs names the nonprofit Friends of Lubavitch of Floridaa andthe for-profit 17330 NW 7 LLC. Rabbi Bentzio n Korf, who is listed on the LubavitcbEducation Center’s Web site as the manages both entities, which took an $8 million loan from the bank in 2004.
Korf didn’ft immediately return a call seekinyg comment. The center was founded in 1973 as the firsrrabbinical college, or yeshiva, in the southeastern U.S. Orthodoxs Jews from throughout South Florida send theid children there for religious In addition to the main which is located nearGoldehn Glades, the foreclosure targets the 30,750-square-foot educatioj center at 1114 Alton Road in Miamo Beach and a 3,363-square-foot apartment building at 1231 13th St. in Miami Beach. Miami-based attorney Elizabeth Dombovary, who represents Regionw Bank inthe didn’t immediately return a call seekin comment.

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