Banco Popular Forecloses on Hialeah Mayor Julio Robaina's Property
Pobrecito Julito. Hialeah's mayor can't catch a break these days. He is battling the city unions over pensions and the city budget. He is dodging questions about his business relationship with $40 million Ponzi schemer Luis Felipe Perez, as well as inquiries about personal deals he has made with city vendors. And now Banco Popular is foreclosing on a property he owns with his wife and several other business partners.
The New York-based bank filed a notice of lis pendens this past July 29 against the Robainas and their partners in a company called Majo V LLC. According to court records, Majo took out a $2 million loan from Banco Popular (when it was Kislak National Bank) in 2004. The collateral is an 11-unit Miami Lakes office building Majo owns.
Get the Weekly Newsletter
Our weekly feature stories, movie reviews, calendar picks and more - minus the newsprint and sent directly to your inbox.
- Car Insurance in Miami-Dade Is 54 Percent More Expensive Than the Rest of Florida
Fri., May 1, 6:35 p.m.
Sat., May 2, 1 p.m.
Sat., May 2, 5:35 p.m.
Sun., May 3, 1:05 p.m.
- Marco Rubio: Gay Marriage Civil Rights Cases Are "Ridiculous and Absurd"
- Dolphins Are Probably Trying to Trade Draft Bust Dion Jordan