Foreclosures Filed Against Alexanders’ Miami Beach Homes

The Alexander family is facing foreclosure suits from City National Bank over loans tied to two waterfront Miami Beach homes.

The Miami-based bank filed the complaints in January ahead of Oren, Alon and Tal Alexander’s federal sex trafficking trial. The three brothers were found guilty by a jury of sex trafficking and related charges this week, and face up to life in prison.

The properties at the center of the foreclosures are the home at 1611 West 24th Street on the Sunset Islands and the mansion at 2687 Flamingo Drive, which the family is looking to sell for a price in the high $30 million range, sources told The Real Deal.

In February 2025, City National entered into a forbearance agreement with parents Orly and Shlomy, Oren and Tal for financing tied to the two Miami Beach homes and the family’s 30-plus-acre ranch outside of Aspen, according to the foreclosure suits.

In 2022, City National provided a $15 million construction loan for the Colorado property, a $7.5 million loan for the Flamingo Drive house and a $7.3 million loan for the Sunset Islands house.

The lawsuits allege that the Alexanders failed to pay off the loans for the two Miami Beach homes by July 31, 2025, which marked the end of the forbearance periods.

The Alexanders allege in court filings that the notes were paid off in full in June. The family says it submitted payment via a wire to City National and that the bank returned the payoffs later that month, less $44,000 that the bank kept.

City National’s attorney Alan Grunspan of Carlton Fields declined to comment. A spokesperson for the Alexanders did not immediately respond to a request for comment.

A company managed by Oren and Tal paid $9.8 million for the four-bedroom house at 1611 West 24th Street in 2021. The home was renovated and listed for rent last year with Corcoran’s Isaac Lustgarten, who formerly worked as a broker with Oren and Tal’s Official Partners. It asked $55,000 before it rented to an unknown tenant for an undisclosed amount as of October.

Tal’s home at 2687 Flamingo Drive was recently completed by the Alexander Group, Shlomy’s development firm. The five-bedroom, five-bathroom house is designed similarly to the brothers’ modern Mediterranean home that they sold for $27.5 million in 2023. That’s the property that the family is looking to sell.

The Alexander family’s assets include the Aspen ranch. No foreclosure suits have been filed against the loan for that property, but three liens totaling more than $240,000 were filed in November, records show. The liens are for unpaid invoices related to construction and post-construction work on the home.

Oren sold his waterfront Sunset Islands home near the rental house for $51.5 million last summer, while he was being held at Metropolitan Detention Center in Brooklyn.

The brothers were convicted on 10 total counts, including conspiracy to commit sex trafficking. Prosecutors alleged that between 2008 and 2021, the Alexanders orchestrated a scheme to lure women to luxury destinations such as the Hamptons, the Bahamas and Aspen, where they and other men allegedly drugged and raped them. Their sentencing is set for Aug. 6.

Sheridan Wall contributed reporting.