Tampa, Fla. – August 7, 2020 – David S. Hendrix, shareholder in GrayRobinson’s Miami and Tampa law firm offices was mentioned in the South Florida Business Journal article "Lender Could Seize 48 Hotels Across U.S., including South Florida, in $780M Foreclosure." The article discusses the portfolio of 48 hotels nationwide, including one in West Palm Beach, that could be seized in a $780 million foreclosure lawsuit. David Hendrix and Gray Robinson represent the lender , Wilmington Trust, in related suits in Palm Beach and Tampa as part of a global $ 780 million loan. On August 3, 2020 a foreclosure lawsuit was filed by Wilmington Trust, a trustee for a commercial mortgage-backed securities (CMBS) loan, in Palm Beach County Circuit Court against the properties’ owner, an entity operating as IHP I OPS, and the 48 LLCs that own hotels in 21 states. Read the full article here.
