The Real Deal Miami

BankUnited forecloses on $5M site

September 25, 2009 12:48PM

The owners of a 12-acre vacant building site in northwest Miami-Dade County were sued for foreclosure by lender BankUnited. Miami-Dade County Circuit Court records said the Coral Gables-based bank brought suit against Power One Group and managing members Rene Cambert, Luis Espinosa, Reginald Beane, Oscar Delgado and Jose Delgado. The land is unzoned, and sits in an industrial area west of Miami Lakes.