Wells Fargo Bank is asking a judge to take control of a troubled Boca Raton, Fla., condo conversion that the bank lent $91 million to purchase and redevelop, according to a suit filed in Florida’s Palm Beach Circuit Court.
Wells Fargo claimed in the suit filed July 5 that the Boca Raton developer, BelAire at Boca, failed to make its loan payments.
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