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Miami Beach hotel condo association files Chapter 11, operator vows to reopen

The condominium association for the Sixty Sixty Resort in Miami Beach filed Chapter 11 reorganization in U.S. Bankruptcy Court on Dec. 5 amid a dispute between many of the condo hotel unit owners and the company that owns and operates

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Resort With A Real Estate Ownership Component: A Turnaround Case Study

Whether the setting is sun-and-sand, snow-and-ski, or an indoor water park, today’s destination resorts commonly feature real estate ownership programs. Structured as whole ownership, fractional ownership, or timeshare, these “residential” condominiums typically feature fully equipped kitchens and multiple bedrooms. This

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Hotel Condominiums: Federal Courts Dismiss Antitrust Claims

Homeowner associations of hotel condominiums have filed suit against developers and hotel management companies for illegal tying violations under the federal antitrust laws in two important cases. While these suits have been unsuccessful, the courts have chosen not to publish

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