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South Florida

Southwest Ranches development hit with foreclosure

Atlanta-based Rockbridge Commercial Bank has filed a foreclosure action against Weston-based Oakbrook Ranches and managing members Dean Adler, Daniel Kennedy, Brett Zaroff and Reed Zaroff, according to Broward County Circuit Court records. The company had planned to build homes on a 19.5-acre site in the Broward County town of Southwest Ranches, and had taken out a $4.3 million mortgage for the property at the southwest corner of Stirling Road and Southwest 166th Avenue. [SFBJ]

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