HFZ Capital Group is making a last-ditch attempt to stop its lender from auctioning off loans tied to four of the firm’s Manhattan condo projects. The prolific developer filed a lawsuit seeking a preliminary injunction against CIM Group to prevent the lender from proceeding with an auction planned for Thursday at noon. HFZ, led by Ziel Feldman and Nir Meir, alleges that CIM’s planned auction is a “predatory attempt to capitalize on the Covid-19 pandemic
source https://therealdeal.com/2020/11/11/hfz-sues-cim-to-halt-condo-foreclosure-sale/
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