Nation of Islam’s Miami regional HQ faces foreclosure

According to the South Florida Business Journal the Nation of Islam’s regional headquarters building for Miami, the Caribbean and Latin America has been targeted for foreclosure.

Read the article here: http://www.bizjournals.com/southflorida/news/2013/09/10/nation-of-islams-miami-regional-hq.html

Apparently, Katline Realty Corp. filed the foreclosure lawsuit on Aug. 30 against Muhammad Mosque No. 29, which owns the 8,140-square-foot religious complex at 5600 N.W. 7th Ave. The lawsuit concerns a mortgage made for $271,000 in 2007. The 30-year loan carried an interest rate of 14 percent, which was high even for that year. It required payments of $3,211 per month.

If anyone want to buy the note and advise that they were the ones to throw the Nation of Islam out of South Florida, let us know.