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

Service-dog flap at Aspen (CO) condo complex goes to court

A federal complaint accuses an Aspen condominium association and property-management firm of discrimination by not making accommodations for a seizure-prone

Anti-Airbnb law claims its first casualties (NY)

A Manhattan landlord and a former Corcoran realtor are the first casualties of a newly enforceable law meant to curb

Delinquent owners can be subject to suspensions

Q: Our condominium association has a number of owners who are delinquent. We have reviewed various collection options, including liens