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million foreclosure judgment on an oceanfronrt site in Sunny Isles Sunny IslesDevelopment Co., an affiliate of Boca Raton-basedd Royal Palm Homes, once had planws for a 47-story condo with 232 units callex Paramount Beach on the 2.2 acres at 16901 Collins Ave. lender iStar FM Loans sued the developet last year claiming it stopped payingt the mortgage on the vacant In February, iStar sold the delinquent mortgag e to Sunny Isles Properth Holdings, which is manageed by Mattos. After winning the $26.
2 millionh judgment on Tuesday, company will have the insided track at taking the property at the public sale on 4 inthe Miami-Dade County Mattos has been very activse in Miami real estate recently. On , a companyy affiliated with Mattos paidabout $6 millionn for 31 units at 1060 Brickell Ave. in Miami. A companyy affiliated with hisbusiness , recently paid $5.7 million for 21 units at Marins Blue in Miami. The presidenyt of Hyundai Colombia Automotriz and a former member of theColombiam Senate, Carlos Mattos was honored with the Inter-American Economivc Council’s Excellence in Leadership Award in February.
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