Owner Of Aventura Office Building Files Bankruptcy

The owners of the Harbour Centre office building here has filed for Chapter 11 bankruptcy protection citing $50 million in mortgage debt.
A consortium of 33 California-based investor groups, called NNN Aventura Harbour Centre, is the owner of the 11-story, 217,056-square-foot building at 18851 N.E. 29th Ave., according to the South Florida Business Journal. The $50-million mortgage recently went into special servicing, according to Trepp LLC.
Todd Mikles, chief executive at Sovereign Capital Investments, signed the bankruptcy petition as an agent.
 
Source:  GlobeSt.