Commercial and Condo development foreclosures continue apace: Wachovia (WFC) is suing for $13.1M...

|By:, SA News Editor

Commercial and Condo development foreclosures continue apace: Wachovia (WFC) is suing for $13.1M on a foreclosed Florida condo project. Regional lender Ocean Bank wants $18.5M back from a foreclosed Miami condo development. BoA (BAC) is down for $8.6M on a South Florida mall, while Credit Suisse (CS) is owed $32M on a Dallas mall.