The Real Deal Miami

Company wins Biscayne Landing lease

March 08, 2011 11:12AM

Weston-based Alliance Management Solutions won an online auction for the
lease on the 188-acre Biscayne Landing site in North Miami yesterday.
The winning bid was $240,000. Biscayne
Landing’s loan is the largest delinquent one in South Florida
. The
auction followed a foreclosure judgment of $38.3 million against
Biscayne Landing. Alliance Management Solutions was incorporated on
Tuesday by Oscar Torres. Torres had previously incorporated the same
company in 2006, but it was dissolved at the beginning of this year. [SFBJ]