Davie Commons facing foreclosure

The Soffers’ Turnberry Associates is facing foreclosure on Davie Commons, a 2 million-square-foot mixed-use center. The project, which is located on just over 150 acres of cow pasture, has been controversial in the towns of both Davie and nearby Weston. It was approved after a Turnberry affiliate paid $11 million for the site in 2007. A number of local residents were opposed to the development. KeyBank filed a foreclosure lawsuit against Davie Commons Holdings July 5, along with Jeffrey and Jacquelyn Soffer, concerning a $19.1 million mortgage. [SFBJ]

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