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Call us 877-451-9251Mold Remediation in Boca Raton, FL
Mold Remediation in Boca Raton is essential for maintaining a healthy living environment. Mold can develop quickly in damp areas, posing serious health risks to you and your family. Whether it's due to a leaky roof, flooding, or high humidity, addressing mold issues promptly is crucial to prevent further damage to your property and ensure the safety of your loved ones.
At Disaster Response, we understand the urgency of mold problems. Our team of experts is equipped with the latest technology and techniques to identify and eliminate mold effectively. We conduct thorough inspections to assess the extent of the mold growth and develop a tailored remediation plan that addresses your specific needs. Our goal is to restore your home to a safe and healthy condition as quickly as possible.
Mold can not only damage your property but also lead to various health issues, including respiratory problems and allergies. That's why our mold remediation services in Boca Raton focus on not just removing the visible mold but also addressing the underlying moisture issues that allow mold to thrive. We take a comprehensive approach to ensure that your home is not only mold-free but also protected against future infestations.
Choosing Disaster Response means you're opting for professionalism and expertise in mold remediation. Our dedicated team is committed to providing exceptional service, ensuring that your home is safe and comfortable. Don't let mold compromise your health and property—contact us today for a thorough assessment and effective remediation solutions tailored to your needs.
- Disaster Response: The Authority on Boca Raton Mold Remediation
- Disaster Response: The Leading Authority on Mold Remediation in Boca Raton
- Mold Testing and Remediation Overview: Following IICRC S520 Standards
- Do You Really Need a Mold Remediation Expert in Boca Raton?
- Reach Out to a Mold Remediation Specialist in Boca Raton, FL, for These Mold-Related Issues
- Essential Steps to Take After Discovering Mold in Your Home in Boca Raton
Disaster Response, The Authority on Boca Raton Mold Remediation
Finding a reliable mold remediation service in Boca Raton, FL, can be overwhelming, but with Disaster Response, the choice becomes clear. With years of experience in the industry, we specialize in effectively eliminating mold and restoring your home or business to a safe environment. Our dedicated team understands the health risks associated with mold exposure and is committed to providing thorough and efficient remediation services.
At Disaster Response, we utilize advanced techniques and state-of-the-art equipment to identify and remove mold from your property. Our experts conduct comprehensive inspections to assess the extent of the mold problem, ensuring that no hidden spores are left behind. We prioritize your safety and well-being, employing environmentally friendly products that are safe for both your family and the planet.
Our commitment to excellence extends beyond just mold removal. We also focus on preventing future mold growth by addressing the underlying causes, such as moisture issues and inadequate ventilation. Our team provides valuable advice on maintaining a mold-free environment, empowering you to take proactive steps in safeguarding your property.
Like the iconic landmarks in Boca Raton, FL, we stand as a beacon of hope for those facing mold challenges. Our expertise and dedication to customer satisfaction set us apart in the mold remediation industry.
As true specialists in Boca Raton mold remediation, we focus exclusively on the following services
- Comprehensive Mold Inspections
- Mold Removal and Cleanup
- Air Quality Testing
- Moisture Control Solutions
- Preventative Treatments
- Structural Drying and Dehumidification
- Post-Remediation Verification
- Emergency Response Services
- Residential and Commercial Services
- Consultation and Education on Mold Prevention
At Disaster Response, we strive to be THE authority on mold remediation in Boca Raton. We understand the urgency of addressing mold issues and are here to provide swift, effective solutions. When you choose our services, you can trust that we will restore your space to a safe and healthy condition, allowing you to breathe easy once again.
Disaster Response: The Leading Authority on Mold Remediation in Boca Raton
Finding a reliable mold remediation service in Boca Raton can be overwhelming, but with Disaster Response, the choice is clear. With years of experience in the industry, we specialize in effectively identifying and eliminating mold issues, ensuring a safe and healthy environment for our clients. Our dedicated team understands the complexities of mold growth and is committed to providing top-notch service tailored to your specific needs.
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At Disaster Response, we utilize advanced techniques and state-of-the-art equipment to assess and remediate mold infestations. Our experts are trained to handle various types of mold, from common household varieties to more hazardous species, ensuring that your property is thoroughly treated. We prioritize safety and efficiency, working diligently to restore your space to its original condition while minimizing disruption to your daily life.
Our comprehensive approach includes not only the removal of mold but also addressing the underlying causes of moisture that contribute to its growth. We believe in educating our clients about mold prevention and maintenance, empowering them to take proactive steps in safeguarding their homes or businesses. With our commitment to excellence, you can trust that your mold remediation project is in capable hands.
As a leading provider of mold remediation services in Boca Raton, we pride ourselves on our customer-centric approach. We understand that dealing with mold can be stressful, which is why we strive to make the process as seamless as possible. Our team is here to guide you every step of the way, ensuring that you feel supported and informed throughout the entire remediation process.
- Comprehensive Mold Inspections
- Mold Removal and Cleanup
- Air Quality Testing
- Moisture Control Solutions
- Preventative Treatments
- Structural Drying and Dehumidification
- Post-Remediation Verification
- Emergency Response Services
- Residential and Commercial Services
- Consultation and Education on Mold Prevention
At Disaster Response, we are dedicated to being the leading authority on mold remediation in Boca Raton. Our expertise and commitment to customer satisfaction set us apart in the industry. When you choose us, you can rest assured that we will restore your property to a safe and healthy state, allowing you to breathe easy once again.
Mold Testing and Remediation Overview: Following IICRC S520 Standards
The IICRC S520 standard provides a clear guide for safely managing mold issues in homes and buildings. Its main goals are to protect people, ensure thorough cleanup, and prevent future mold problems.
1. Assessment and Inspection
Initial Assessment:
- Trained professionals will conduct a detailed inspection of the affected area. This includes visual checks and using tools like moisture meters and infrared cameras to find hidden mold or moisture.
- Understanding moisture sources is crucial, as mold often arises from water issues or high humidity.
Mold Sampling:
- Although not always needed, testing (both air and surface samples) can help identify the type and amount of mold present.
- Sampling is useful when mold is suspected but not visible, such as when there are odors or health concerns.
- If sampling is done, it must follow proper protocols, with analysis performed by accredited labs.
2. Containment Protocols
Containment Procedures:
- To stop mold spores from spreading during cleanup, barriers (like plastic sheeting and negative air pressure) are used.
- The extent of containment varies; small areas might require basic barriers, while larger or heavily contaminated spaces need more extensive containment.
- Workers must enter and exit through decontamination chambers to avoid spreading mold.
3. Personal Protective Equipment (PPE)
- Workers should wear appropriate PPE, including gloves, N95 masks, full-body suits, and eye protection.
- The type of PPE needed depends on how severe the contamination is; more protective gear may be required for heavily affected areas.
4. Remediation Process
Source Control:
- Addressing the root cause of moisture is essential. This may involve fixing leaks, improving ventilation, or managing humidity.
Cleaning and Removal of Mold:
- Mold cannot just be treated with chemicals; it must be physically removed.
- Non-porous materials (like metals and glass) can often be cleaned with HEPA vacuums or damp cloths.
- Severely affected porous materials (like drywall and carpets) should be removed and disposed of according to local regulations.
- HEPA air filtration systems should be used to capture airborne mold spores during cleanup.
Cleaning Techniques:
- Common methods include HEPA vacuuming and scrubbing surfaces where mold is present.
- Antimicrobial agents may be used, but the focus is on physical removal.
5. Post-Remediation Evaluation
Final Inspection:
- After cleanup, a visual inspection ensures no visible mold remains.
- Air and surface tests may be conducted to confirm that mold levels are back to normal.
- It's crucial to check that the environment is dry to prevent mold from returning.
Documentation and Reporting:
- Detailed records of the remediation process, including testing results and cleanup procedures, should be maintained.
- This documentation is important for compliance and may be needed for insurance or legal matters.
6. Ongoing Prevention
- Educating building occupants about moisture control is vital. This includes maintaining HVAC systems, managing humidity, and promptly addressing leaks.
By adhering to the IICRC S520 standard, mold remediation professionals take a systematic and health-focused approach, ensuring that indoor spaces are restored to safe, mold-free conditions.
Do You Really Need, Need a Mold Remediation Expert in Boca Raton?
While it may be tempting to tackle mold issues on your own, hiring a professional mold remediation service can ensure a thorough and effective solution. Mold can pose serious health risks and structural damage to your home, making it crucial to address the problem with expertise. Disaster Response specializes in mold remediation, providing the knowledge and tools necessary to restore your environment safely and efficiently.
Understanding the Mold Remediation Process
Mold remediation involves a systematic approach to identify, contain, and eliminate mold growth. Professionals like those at Disaster Response utilize advanced techniques and equipment to assess the extent of the mold infestation. This process includes air quality testing, surface sampling, and moisture control measures to prevent future growth. By understanding the specific conditions that led to mold development, experts can implement effective solutions tailored to your situation.
Health Risks Associated with Mold Exposure
Mold can lead to a variety of health issues, particularly for individuals with respiratory conditions, allergies, or weakened immune systems. Symptoms may include coughing, sneezing, skin irritation, and even more severe reactions in sensitive individuals. Engaging a mold remediation expert ensures that the mold is not only removed but that the air quality in your home is restored to a safe level, protecting the health of your family.
Preventing Future Mold Growth
After remediation, it's essential to take proactive steps to prevent mold from returning. Disaster Response provides guidance on moisture control, ventilation improvements, and regular inspections to maintain a mold-free environment. By addressing the underlying causes of mold growth, such as leaks or high humidity, you can significantly reduce the risk of future infestations.
The Importance of Professional Equipment and Techniques
Attempting to remove mold without the proper equipment can lead to incomplete removal and potential health hazards. Professionals use specialized tools such as HEPA vacuums, air scrubbers, and moisture meters to ensure thorough remediation. Disaster Response's trained technicians are equipped to handle even the most challenging mold situations, ensuring that your home is restored to a safe and healthy state.
Reach Out to a Mold Remediation Specialist in Boca Raton, FL, for These Mold-Related Issues
Mold growth can occur in various environments, particularly in areas with high humidity or water damage. This fungal growth can lead to significant health risks, property damage, and unpleasant odors. Recent studies have shown an increase in mold-related issues in Boca Raton, with many homeowners facing challenges in managing and eliminating mold effectively. If you find yourself dealing with any of the following mold situations, it's crucial to contact a mold remediation expert promptly:
Visible Mold Growth
If you notice mold on walls, ceilings, or other surfaces, it's a clear sign that professional intervention is needed. Mold can spread quickly and may indicate underlying moisture problems.
Musty Odors
A persistent musty smell in your home can be a strong indicator of hidden mold. This odor often suggests that mold is present, even if it's not immediately visible.
Water Damage
Following a leak, flood, or any water intrusion, the risk of mold growth increases significantly. It's essential to address any water damage promptly to prevent mold from taking hold.
Health Symptoms
If you or your family members are experiencing unexplained respiratory issues, allergies, or skin irritations, mold exposure could be the culprit. Seeking professional help can ensure a safe living environment.
Condensation Issues
Excessive condensation on windows, walls, or pipes can create a breeding ground for mold. Addressing these issues with a mold remediation service can help prevent future growth.
Previous Mold Problems
If you've dealt with mold in the past, it's vital to monitor the area for any signs of recurrence. A professional can assess the situation and implement preventive measures.
Regardless of the mold issue you're facing, it's important to understand that Boca Raton residents should act quickly to mitigate the risks associated with mold exposure. Mold can not only damage your property but also pose serious health risks to you and your family. Engaging a qualified mold remediation specialist like Disaster Response can provide the expertise needed to effectively eliminate mold and restore your home to a safe condition.
Essential Steps to Take After Discovering Mold in Your Home in Boca Raton
Finding mold in your home can be alarming and overwhelming. Mold can grow quickly and pose health risks, so it's crucial to act promptly. Here are the steps you should follow if you discover mold in your Boca Raton residence:
- Identify the source of moisture that is causing the mold growth.
- Ensure the affected area is well-ventilated to minimize exposure.
- Avoid touching or disturbing the mold, as this can release spores into the air.
- Document the extent of the mold growth with photographs for your records.
- Contact a professional mold remediation service to assess the situation.
- Follow any safety recommendations provided by the remediation experts.
- Keep children and pets away from the affected area until it has been treated.
- Review your home's ventilation and humidity levels to prevent future mold growth.
If you find mold in your home, it's essential to address it quickly to protect your health and property. Mold can lead to various health issues, including respiratory problems and allergic reactions. At Disaster Response, we specialize in mold remediation and are dedicated to restoring your home to a safe and healthy environment.
Contact Your Local Mold Remediation Experts in Boca Raton, FL, for a Free Consultation
At Disaster Response, we understand the stress and uncertainty that comes with mold issues. Our team is committed to providing you with the highest level of service and support during this challenging time. We approach every situation with professionalism, care, and urgency.
Our mold remediation specialists will work diligently to identify the source of the mold, safely remove it, and implement measures to prevent its return. When your home's safety and your family's well-being are at stake, don't settle for anything less than the best—choose Disaster Response today.
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Latest News in Boca Raton, FL
Friday Roundup: Holiday Pop-up Bars and Cocktails Around Town
Tyler Childresshttps://bocamag.com/friday-roundup-holiday-pop-up-bars-and-cocktails-around-town/
It’s the most wonderful time of the year for craft cocktails, as our local watering holes whip up merry menus of holiday-themed libations. Any South Florida spot worth its tinsel knows this is the time to get creative, so we’ve rounded up a list of pop-up bars and staples that are offering unique holiday beverages to enjoy through the season. Cheers!West Palm’s go-to for Mexican street food is hosting a special holiday pop-up bar through Christmas Day. The theme is “Tropical Christmas,” and Bodega is cele...
It’s the most wonderful time of the year for craft cocktails, as our local watering holes whip up merry menus of holiday-themed libations. Any South Florida spot worth its tinsel knows this is the time to get creative, so we’ve rounded up a list of pop-up bars and staples that are offering unique holiday beverages to enjoy through the season. Cheers!
West Palm’s go-to for Mexican street food is hosting a special holiday pop-up bar through Christmas Day. The theme is “Tropical Christmas,” and Bodega is celebrating with cocktails like the Cranberry Mule and Norbz’s Tinsel & Tequila. A portion of sales from the latter will benefit Dolphins Challenge Cancer. The drinks will also be available at all Bodega locations throughout South Florida.
118 S. Clematis St., West Palm Beach; 561/559-3119; bodegataqueria.com
This swanky Boca chophouse is celebrating the holidays with a cocktail befitting its sultry digs, the Smoked Cider. Made with Buffalo Trace Bourbon, apple, fall spice and pecan smoke, this libation is a perfect companion for any of Abe & Louie’s premium cuts. The Smoked Cider will also be available at Timpano Las Olas, another concept in the portfolio of Tavistock Restaurant Collection.
Abe & Louie’s: 2200 Glades Road, Boca Raton; 561/447-0024; abeandlouies.comTimpano Las Olas: 450 E. Las Olas Blvd., Fort Lauderdale; 954/462-9119; timpanolasolas.com
This holiday season is extra special for Miracle as the pop-up bar celebrates 10 years of spreading cheer. The festive bar, known for its craft cocktails and over-the-top decor, will be setting up shop at Ravish Off Ocean in Lantana and Casa Tiki in Miami. Menu standouts include the bourbon and sherry-based Stocking Stuffer with amaro, cinnamon syrup, iced “hot” chocolate, bitters and marshmallow, as well as the Nice and Naughty shots with rye whiskey and gingerbread or tequila, habanero, ginger and hibiscus—we’ll let you decide which is which. miraclepopup.com
Meanwhile, Sippin’ Santa will deck the halls of Juicy Cocktail Bar in West Palm Beach and Better Days in Miami. Sip on the Sugar Plum Mai Tai with Haitian & Nicaraguan rums, lime, orgeat and cinnamon syrup, and plum mix, or Frosty The Merman, made of rye whiskey, vanilla-clove syrup, lime, and pear, apricot and allspice liqueurs. Or both—we won’t judge. sippinsantapopup.com
The Singer Island resort is hosting the Tinsel Tavern holiday pop-up bar, which is taking over its Taaza beachfront restaurant for the season. Festive cocktail selections include the Merry Christmas Ya Filthy Animal, made with spiced rum, peppermint, eggnog and garnished with cinnamon; the smoky-sweet Fireside Mule with Islay Scotch, maple syrup, ginger beer, fresh lemon and roasted marshmallows; and Prancer’s Pomegranate Paloma with tequila, pomegranate and ginger ale. The pop-up is open on Fridays and Saturdays from 5 to 10 p.m.
3100 N. Ocean Drive, Riviera Beach; amritocean.com
Delray’s new Mediterranean concept Lefkes Estiatorio is adding the Greek Winter Martini to its cocktail menu for the season. This boozy treat is served warm and made with Agiorgitiko wine, Woodinville bourbon, peach schnapps, orange bitters, honey and cinnamon.
33 S.E. Third Ave., Ste. 105, Delray Beach; 561/908-2331; lefkesgroup.com
Visitors to the Hilton West Palm Beach’s onsite restaurant can treat themselves to any (or all) of its three holiday cocktails. The Three Kings is made with Papa’s Pilar Dark Rum, Jamaican hibiscus tea, cinnamon demerara and lime; the Pumpkin Old Fashioned mixes Highwest Double Rye with spiced pumpkin purée, chocolate and orange bitters, and brown sugar; and the A State of Mind is a festive take on an espresso martini, made with Hudson Short Stack Whiskey, fresh-brewed espresso, cinnamon sweet cream, spiced maple syrup, and chocolate and Angostura bitters.
600 Okeechobee Blvd., West Palm Beach; 561/231-6100; galleywestpalmbeach.com
Big City Tavern
This longtime Las Olas staple is offering the Santa’s Helper for the holidays, a cocktail made with bourbon, Baileys, eggnog and butterscotch schnapps. Through Dec. 31, Big City Tavern is also gifting a $10 gift certificate to those who purchase $50 gift cards.
609 E. Las Olas Blvd., Fort Lauderdale; 954/727-0307; bigcitylasolas.com
Celebrate the holidays with an omakase experience at Sushi by Bou, and sip on the Tipsy Marshmallow for dessert. Made with Haku Vodka, marshmallow syrup and espresso, then topped with a graham cracker rim and roasted marshmallow garnish, this cocktail is the perfect way to end the meal after the sushi boat has sailed.
409 S.E. Mizner Blvd., Boca Raton; 888/670-5996; sushibybou.com
The friendly neighborhood bar and grill will be offering its housemade pomegranate sangria and smoked maple bacon old fashioned through the holidays.
9636 Glades Road, Boca Raton; 561/489-5607; lazydogrestaurants.com
From Dec. 12-29, The Deck at Wynwood will host a takeover by The Holly Jolly Bar. This pop-up pulls out all the stops when it comes to festive decor, so expect to be immersed in a winter wonderland as you sip holiday-themed cocktails.
2250 N.W. Second Ave., Miami; 305/461-2700; thedeckwynwood.com
This downtown Miami bar is getting festive with three seasonal cocktails: the Santa’s Midnight Snack blends Four Walls Whiskey with gingerbread, crème de cacao, vanilla and cream; the Panettone Negroni, which puts a twist on the classic libation with Lillet Blanc, Licor 43, Frangelico, Disaronno and a biscotti garnish; and the Peppermint Mocha, made with Ketel One, Baileys, crème de cacao, peppermint and espresso.
40 N.E. First Ave., #101, Miami; 305/646-9967; tipsyflamingomiami.com
Celebrate the “12 Days of Pinkmas” at Rosa Sky, and pair your holiday festivities with breathtaking views of the Magic City. From Dec. 12-25, the rooftop bar invites you to enjoy daily holiday-themed cocktail specials for each of the 12 days, including the Angel Eggnog, Christmas Tree Martini and Ornament Spritz.
115 S.W. Eighth St., 22nd Floor, Miami; 786/628-1515; rosaskyrooftop.com
Olympic Heights Basketball
maxpreps.comhttps://www.maxpreps.com/fl/boca-raton/olympic-heights-lions/basketball/
Olympic Heights LionsVarsity Boys Basketball Boca Raton, FL221Followers24-25Overall5-2District0-0 (5th)FL Rank2262024-25 V. BasketballSchedule at a Glance...
Olympic Heights LionsVarsity Boys Basketball Boca Raton, FL221Followers
24-25
Overall
5-2
District
0-0 (5th)
FL Rank
226
Schedule at a Glance
Wed, 12/11vs Somerset Academy - CanyonsW 54-35Wed, 12/11Bvs Boynton Beach7:30pmThu, 12/19@ West Boca Raton7:30pm
Rankings
| Florida#226 |
| Florida Division 6A#37 |
| West Palm Beach#23 |
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Olympic Heights High School 20101 Lyons RdBoca Raton, FL 33434-3811
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Penn-Florida hit with $195M UCC foreclosure on Boca Raton’s Via Mizner, as South Florida multifamily debt woes grow
Lidia Dinkovahttps://therealdeal.com/miami/2024/12/04/blackstone-seeks-ucc-auction-on-penn-floridas-via-mizner/
Penn-Florida Companies could lose its 101 Via Mizner apartment building in Boca Raton to foreclosure over its alleged failure to pay off a $195 million loan at maturity.Blackstone Mortgage Trust, through its Parlex 15 Finco lending affiliate, filed a Uniform Commercial Code foreclosure on the 14-story, 366-unit building at 101 East Camino Real. It is seeking to hold an auction on Jan. 15, according to a public notice filed on Sunday....
Penn-Florida Companies could lose its 101 Via Mizner apartment building in Boca Raton to foreclosure over its alleged failure to pay off a $195 million loan at maturity.
Blackstone Mortgage Trust, through its Parlex 15 Finco lending affiliate, filed a Uniform Commercial Code foreclosure on the 14-story, 366-unit building at 101 East Camino Real. It is seeking to hold an auction on Jan. 15, according to a public notice filed on Sunday.
The property is part of Penn-Florida’s marquee Via Mizner mixed-use development with a Jack Nicklaus-designed golf club and Mandarin Oriental-branded hotel and condo buildings, which are under construction after yearslong delays.
In UCC foreclosures, the auction is of the interest in the limited liability company through which a landlord owns a property. In this case, the auction will be of 100 percent of the interest in Penn-Florida’s Via Mizner Owner I affiliate. UCC foreclosures generally move more quickly than judicial foreclosures, which can linger in court.
Penn-Florida, a Boca Raton-based company led by founder Mark Gensheimer, is working to keep its building, saying it was current on all debt obligations prior to the recent maturity.
The loan “is in process of being repaid in full next month through a refinance,” the firm said in a statement.
The company completed Via Mizner apartments in 2016, first taking out a $75 million loan in 2014 from HSBC, according to records. It refinanced in 2017 with Mack Real Estate Group, bumping up the financing to $180.5 million. In 2021, Blackstone Mortgage Trust refinanced the loan, raising it to $195 million, records show.
The UCC foreclosure is the latest indication that South Florida’s multifamily market is feeling the sting from economic headwinds, marking an end to the boom of 2021 and 2022. At the time, an influx of out-of-state residents supercharged the market with unprecedented demand, prompting record rent increases and a development frenzy. Over the past two years, hefty new supply tempered demand just as the in-migration slowed, leading rents to flatline or even drop in some submarkets.
Some landlords have resorted to offering concessions at their buildings. At 101 Via Mizner, new prospective tenants could get one month rent free under a 15-month lease term and also a reduced $99 administrative fee, down from $500, according to the property’s website.
The building has one- to three-bedroom apartments, with monthly rents ranging from $2,946 to $7,249, 101 Via Mizner’s website shows. It also has studios, though the rents aren’t listed.
Multifamily landlords also have been pummeled by skyrocketing insurance and higher interest rates. Rates, which have stubbornly remained elevated after the Federal Reserve’s two cuts this year, have made refinancing costly for some landlords and led to more demand for equity partners.
In other signs of multifamily debt woes, Lynd was considering in August a $9.1 million capital call from its investors in the 234-unit Parc Place Apartments at 17600 Northwest Fifth Avenue in Miami Gardens. Lynd cited higher insurance premiums and payroll. Last year, Shidler Group sold the 276-unit Riverland Apartments at 420-432 Southwest 27th Avenue in Fort Lauderdale for $84 million, marking a 22 percent discount from its purchase price in 2022.
Blackstone could seize Boca Raton building from Penn-Florida
South Florida Business Journalhttps://www.bizjournals.com/southflorida/news/2024/12/03/blackstone-boca-raton-auction-penn-florida.html
An affiliate of Blackstone could seize ownership of the 101 Via Mizner Apartments in Boca Raton from Penn-Florida Cos. through a UCC auction.A UCC auction is when a lender seizes the equity in the borrower’s company after they defaulted on a loan.Trending: University of Miami buys shopping...
An affiliate of Blackstone could seize ownership of the 101 Via Mizner Apartments in Boca Raton from Penn-Florida Cos. through a UCC auction.
A UCC auction is when a lender seizes the equity in the borrower’s company after they defaulted on a loan.
Trending: University of Miami buys shopping center for $68 million
In this case, Parlex 15 Finco LLC, part of New York-based Blackstone, filed a public notice in Florida that the UCC auction for 100% equity in Via Mizner Owner I LLC, the owner of the apartment complex at 101 E. Camino Real, will take place on Jan. 15 at its attorney’s office in New York. Via Mizner Owner I LLC is currently an affiliate of Boca Raton-based Penn-Florida Cos. The action involves a $195 million mortgage originated in 2022.
There is not currently a foreclosure lawsuit involving that mortgage.
However, the UCC auction gives either the lender or a third-party bidder the opportunity to own Via Mizner Owner I LLC, which in turn owns the 366-unit apartment complex.
Brett Rosenberg of JLL, which is marketing the UCC auction, didn’t respond to a request for comment.
Officials with Penn-Florida Cos. couldn’t be reached for comment.
There are several ongoing legal challenges for Penn-Florida. In November, Precedent Asset Management-4C LLC filed a foreclosure lawsuit against Royal Palm Road Associations and Mark A. Gensheimer, the president and CEO of Penn-Florida, over a Boca Raton development site. In August, three buyers at Penn-Florida’s uncompleted Mandarin Oriental Hotel and Residences, Boca Raton filed lawsuits seeking their deposits back because of long delays in completing the project. A fourth buyer filed a similar lawsuit in November. Those buyer lawsuits remain pending, but Penn-Florida has said that construction of the condo is moving forward.
Penn-Florida also filed plans for a mixed-use project called University Village.
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S. Fla. lawyers
| Rank | Prior Rank | Firm / Prior (*Not ranked in year prior) / URL |
|---|---|---|
| 1 | 1 | Greenberg Traurig |
| 2 | 2 | Cole, Scott & Kissane P.A. |
| 3 | 3 | Holland & Knight LLP |
Cimpress to present at the BofA Securities Leveraged Finance Conference on December 4, 2024 in Boca Raton, FL
Business Wirehttps://finance.yahoo.com/news/cimpress-present-bofa-securities-leveraged-130000807.html
DUNDALK, Ireland, November 25, 2024--(BUSINESS WIRE)--Cimpress plc (Nasdaq: CMPR) today announced that Sean Quinn, Executive Vice President and CFO, will present at the BofA Securities Leveraged Finance Conference on Wednesday, December 4, 2024. Cimpress plc’s presentation is scheduled to begin at 10:10am ET.The presentation will be webcast and can be accessed through the Cimpre...
DUNDALK, Ireland, November 25, 2024--(BUSINESS WIRE)--Cimpress plc (Nasdaq: CMPR) today announced that Sean Quinn, Executive Vice President and CFO, will present at the BofA Securities Leveraged Finance Conference on Wednesday, December 4, 2024. Cimpress plc’s presentation is scheduled to begin at 10:10am ET.
The presentation will be webcast and can be accessed through the Cimpress Investor Relations website at ir.cimpress.com/news-and-events/events, and a replay of the presentation will be available at the same link until December 4, 2025.
About Cimpress
Cimpress plc (Nasdaq: CMPR) invests in and builds customer-focused, entrepreneurial, print mass-customization businesses for the long term. Mass customization is a competitive strategy which seeks to produce goods and services to meet individual customer needs with near mass production efficiency. Cimpress businesses include BuildASign, druck.at, Drukwerkdeal, easyflyer, Exaprint, National Pen, Packstyle, Pixartprinting, Printi, Tradeprint, VistaPrint, and WIRmachenDRUCK. To learn more, visit cimpress.com.
Cimpress and the Cimpress logo are trademarks of Cimpress plc or its subsidiaries. All other brand and product names appearing on this announcement may be trademarks or registered trademarks of their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241125535921/en/
Contacts
Investor Relations: Meredith Burns ir@cimpress.com +1.781.652.6480
Media Relations: Sara Litwiller mediarelations@cimpress.com
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