Miami Beach condo association sues Z Capital Partners, claims ‘predatory deceit’

A Miami Beach condominium owners’ association filed a lawsuit Thursday against the hedge fund that bought the Carillon Miami Beach, formerly Canyon Ranch, out of bankruptcy.  In the brief, the North Carillon Beach Condominium Association accuses Z Capital Partners of “multiple forms of predatory deceit and exploitation” and said the group bought the property “without any relevant development or operating expertise in top-end hospitality and wellness.”      Read the article………….


Related Articles

Study Finds Strata Residents Worried About Airbnb (Australia)

International room letting service Airbnb is facing increasing resistance from strata residents, with a substantial number concerned about a stream

Kokomo (IN) vet not backing down in HOA dispute over military service rock

A Kokomo veteran says he won’t back down from a dispute with his homeowners association over a rock commemorating his

Gated communities seek reimbursement from City (SC)

Two private, gated communities in the City of Aiken now together are requesting about $320,000 be reimbursed to their associations