Former Miami Heat superstar Glen Rice and ex-wife Cristy Rice, formerly of Real Housewives of Miami, are facing the loss of a downtown condo they still own together.
Miami-Dade County records show M&T Bank is going after the Rices after they allegedly quit making payments on the condo they bought in 2006 as an investment when Glen retired from the Los Angeles Clippers.
Property records show Glen and Cristy paid $317,000 for the crib, on the 27th floor of the Neo Vertika building on Southwest First Court in downtown Miami.
Thing is, they took out several mortgages for a total of $500,000 on the condo. M&T’s loan is supposed to be paid back at the rate of $1,401 a month.
According to the foreclosure lawsuit, the Rices quit paying in February.
Glen Rice hasn’t hired a lawyer yet, but his ex already struck back at the bank with a defense that includes allegations that M&T has not followed the proper procedures in the foreclosure attempt.
Hoss Hernandez, Cristy’s attorney, didn’t respond to a call and an email for comment.
Six years after they were divorced, the Rices also own a suburban home that they bought together for $468,000.
The Rices’ divorce, filed originally in 2006, is the stuff of legend in these parts. It included Glen’s arrest after he found his then-estranged wife’s lover hiding in a closet.
Glen played for the Heat from 1988 through 1995.
ON AND OFF COURT
Speaking of Heat stars: Current bruiser Udonis Haslem has until Dec. 2 to materialize in the office of a local legal service for a deposition, or he’ll face contempt of court.
Haslem is being sued as the owner of a Mercedes that wife Faith Rein was driving on West Atlantic Boulevard near Coral Springs in May 2013 when it crashed into another motorist.
That woman, Ana Isabel Rodriguez, claims she was disfigured in the crash and wants Haslem to pay up.
She filed in Broward County in February, but her attorney hasn’t been able to depose Haslem.
COACH ON THE MOVE
Fired Miami Dolphins coach Joe Philbin must be in a hurry to blow town. Just three weeks after he was shown the door, Philbin has already listed his Davie house for sale.
And he wants to squeeze out a few bucks in the process. Philbin wants $2.5 million for the home in fancy Northstar Estates.
Philbin bought the property brand new and with a style reminiscent of a Middle Ages nobleman’s fort, for $1.78 million in 2012.
Real estate websites aren’t featuring photos of the house, but it is described as an “impeccable celebrity style six-bedroom, seven-bathroom mansion ... with wine room, media and billiard rooms,” separate in-law quarters and a motorcourt.
It was probably about location, location, location for Philbin: The home is minutes from both the Dolphins training facility in Davie and Sun Life Stadium.
Philbin was replaced by former New York Giant Dan Campbell, who has won two out of three games.