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Condo Terminations – What Are They and How Do They Work? (FL)

/ Owner - January 24, 2019

The Miami Herald published an article last year – “Real Estate Developers Ran Out of Waterfront Property. Now They Might Want to Buy Yours” – and the title says it all. This complicated process is called condominium termination.  It’s difficult for real estate investors to find vacant waterfront development sites in Miami and Miami Beach. The last two real estate cycles have seen just about all of these sites acquired and developed. So, to solve this problem, developers have increasingly turned to condo terminations.    Read the article…………………

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