{"id":1974,"date":"2008-02-07T15:13:54","date_gmt":"2008-02-07T20:13:54","guid":{"rendered":"https:\/\/rbspa.acaspro.com\/?p=1974"},"modified":"2020-05-27T13:50:29","modified_gmt":"2020-05-27T17:50:29","slug":"meltdown-hits-deep-impact-stage","status":"publish","type":"post","link":"https:\/\/roblespa.com\/es\/meltdown-hits-deep-impact-stage\/","title":{"rendered":"Meltdown llega a la etapa de impacto profundo"},"content":{"rendered":"
Viernes 01 de febrero de 2008<\/span>
\nMeltdown llega a la etapa de impacto profundo<\/span><\/div>\n
\n
South Florida Business Journal, del 1 al 7 de febrero de 2008<\/span><\/div>\n

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Meltdown llega a la etapa de impacto profundo: los residentes de un condominio de 40 a\u00f1os descubren que no son inmunes a las consecuencias de los pr\u00e9stamos subprime<\/strong><\/span><\/div>\n<\/div>\n
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The tendrils of the subprime mortgage collapse are reaching into unlikely places, touching those who aren’t recent investors, buyers or flippers.<\/span><\/div>\n

Elba Rodriquez y Guy Meeker, residentes de las torres de condominios Four Ambassadors en el centro de Miami, poseen unidades en un edificio donde las tarifas mensuales de mantenimiento y servicios p\u00fablicos no se pagan en unidades vac\u00edas, incluido un gran sal\u00f3n propiedad del problem\u00e1tico Berman Group y prestamista de dinero Money Asset Management Corp. (MAMC).<\/span><\/p>\n

Debido al problema, residentes como Rodr\u00edguez y Meeker est\u00e1n siendo cargados con un pago especial por la asociaci\u00f3n de condominios de Four Ambassadors. El edificio es uno de los desarrollos m\u00e1s antiguos de la ciudad, originalmente construido en 1968 con 747 unidades. Las tarifas mensuales de mantenimiento y servicios de sus unidades promedian cientos de d\u00f3lares por unidad.<\/span><\/p>\n

El lunes, el juez de la Corte de Circuito del Condado de Miami-Dade Thomas Wilson neg\u00f3 una solicitud de Four Ambassadors para llevar a cabo una venta de ejecuci\u00f3n hipotecaria en el sal\u00f3n de baile. Wilson dictamin\u00f3 que el asunto de Berman tiene prioridad sobre las preocupaciones de la asociaci\u00f3n de condominios, al menos por 60 d\u00edas m\u00e1s.<\/span><\/p>\n

Berman y MAMC son parte de un tema problem\u00e1tico dirigido por la Oficina de Regulaci\u00f3n Financiera de la Florida. El abogado de Akerman Senterfitt, Michael Goldberg, el s\u00edndico designado por el tribunal, est\u00e1 tratando de resolver todos los proyectos de Berman y obtener la aprobaci\u00f3n de 640 inversionistas<\/span><\/p>\n

pero mientras tanto, Four Ambassadors tienen un gravamen de $ 172,000 en el sal\u00f3n de baile por honorarios no pagados de $ 18,645 por mes. Las tarifas no pagadas generan l\u00edneas de \"deudas incobrables\" en el presupuesto de la asociaci\u00f3n de condominios, que la asociaci\u00f3n tiene que cubrir con evaluaciones especiales para los residentes<\/span><\/p>\n

y no est\u00e1n contentos con eso.<\/span><\/p>\n

\"No es justo. No me gusta subsidiar las deudas de otras personas\", dijo Meeker, quien ha vivido en una unidad de un dormitorio durante tres a\u00f1os.<\/span><\/p>\n

Rodriguez, 86, was less gracious. Living on a fixed retirement income, she said she puts off other purchases to pay her assessments.<\/span><\/p>\n

“If they don’t pay, they go!” she said, clapping her hands.<\/span><\/p>\n

Investors end up with defaulted loans<\/span><\/h5>\n

The state alleges Berman and MAMC sold unregistered securities in the form of fractionalized interests in mortgages, operated as unregistered securities dealers, made misrepresentations to investors and misapplied investors’ money by funding commercial mortgage loans. The companies received $192 million from investors, telling them they’d receive annual average returns between 12 percent and 14 percent. Those funds were then used to acquire commercial real estate, the OFR said, most of which are incomplete with defaulted mortgage loans.<\/span><\/p>\n

Goldberg apologized for any pain caused by the workout period. He was only appointed receiver in early December to take over a workout process that had been under way for months. He said he’s been meeting with groups of investors almost every weeknight.<\/span><\/p>\n

“I am very sorry if people are being collaterally hurt by this, but I can assure you the creditors in receivership are also hurt, and are out tens of millions of dollars,” Goldberg said. “Unfortunately, it’s a mess that needs to be dealt with.”<\/span><\/p>\n

Richard Robles, attorney for the Four Ambassadors, said the hardship is different for residents there, especially ones like Rodriquez.<\/span><\/p>\n

“When she talks about putting off expenses, she means groceries,” Robles said. “That’s a completely different thing than these investors are facing.”<\/span><\/p>\n

A recent $1.7 million special assessment at the Four Ambassadors only included a tiny portion for the ballroom’s bad debt, with the rest being capital improvement and repair projects. But managers fear the bad debt could grow worse. The Four Ambassadors is already among the Miami developments with the most foreclosures – 30 current and about 30 more pending.<\/span><\/p>\n

The monthly maintenance fee on a one-bedroom unit is $698. The recent special assessment hit those owners with an additional $2,286 spread over six months.<\/span><\/p>\n

Goldberg said he’s interested in selling properties like the ballroom for the right price.<\/span><\/p>\n

“Anything is always for sale, on the right price and terms,” he added. “But we’re not letting anybody steal it here.”<\/span><\/p>\n

\n

This article first appeared in\u00a0South Floria Business Journal, February 1-7, 2008<\/em><\/span><\/p>\n

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UPDATE: On February 25, 2009, the Bankruptcy Court entered its order transferring the ballroom to the Four Ambassadors Association.<\/span><\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Friday February 01, 2008 Meltdown Hits Deep Impact Stage South […]<\/p>","protected":false},"author":3,"featured_media":1975,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/posts\/1974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/comments?post=1974"}],"version-history":[{"count":0,"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/posts\/1974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/media\/1975"}],"wp:attachment":[{"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/media?parent=1974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/categories?post=1974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roblespa.com\/es\/wp-json\/wp\/v2\/tags?post=1974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}