Foreclosure judgment entered against developer owner of Victoria Park condominium

The Broward Circuit Court entered a foreclosure judgment in favor of a Miami-based bank on July 14, 2009. The developer, ANM, acquired the Blux at Victoria Park and a related condominium project in 2006. The 15 unit Blux was nearly completely unsold- with one unit having been purchased in 2007. The neighboring Acqua at Victoria Park is a 5 unit condominium. Pursuant to the foreclosure judgment, the Victoria Park property will be auctioned off at a public sale on September 22, 2009 at 11 a.m.