Westside Lofts condo files for bankruptcy
Proposed South Beach condominium Westside Lofts filed for bankruptcy in a bid to reorganize the troubled development.
The move comes amid legal battles in Miami-Dade Circuit Court between the development company and its lender and general contractor. Eastern National Bank is seeking more than $2 million for an overdue construction loan and Diez Construction $200,506 for unpaid bills, according to court filings.