The Real Deal Miami

Miami trailer park and auto dealership face foreclosure

Properties' owner files for Chapter 11 bankruptcy protection after amassing $8M in debt
May 30, 2014 04:30PM

Northwest 36th Street in Miami

Northwest 36th Street in Miami

After building up more than $8 million in debt, the owner of a Miami mobile home park and used car dealership property filed for Chapter 11 protection in U.S. Bankruptcy Court.

Property owner George Timinsky, managing partner of 3011 Northwest 36th Street LLC, faced a foreclosure lawsuit from Coral Gables-based Banesco USA and affiliate Banesco International, according to the South Florida Business Journal.

The property consists of a one-acre lot with a 2,550-square-foot auto sales building, as well as a 100-spot mobile home park on 7.1 acres at 3620 N.W. 30th Avenue. [South Florida Business Journal] Christopher Cameron