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………….