Developer kept majority of units — and voting power — at Doral association, suit says
A group of Doral condo owners are taking aim at their community’s developer, alleging it retained a grip on the association years after completing the building and exempted its affiliates from the same rules imposed on the homeowners. The Grand at Doral I condominium association says the building’s developer, Pablo Jose Valdes Florida Irrevocable Trust, transferred more than half of the building’s units — 42 of the 80 condos — to two of its affiliates, Prime Properties at Doral and Premier Properties at Doral. That gave Prime and Premier the lion’s share of votes at the building, according to the […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Before your borrower’s AI agent calls mine: Three questions mortgage servicers aren’t asking yet

Passengers and crew foil co-pilot's apparent attempt to crash FlyDubai flight to Israel

‘East of Eden’ Writer Zoe Kazan Details Historic Childhood Home in Los Angeles—Where She Grew Up Surrounded by Influential Names in Film

Mamdani Wants To Turn Lower Manhattan Government Offices Into Nearly 4,000 Apartments

The Fall Maintenance Divide: Homeowners in These Metros Are Most Prepared for the Upcoming Wild-Card Fall Weather

Senate Sinks Data Center Energy Cost Bill Ahead of Midterms

Taylor Swift Reveals the Meaning Behind the $47 Million Beverly Hills Fortress in the ‘Patient Zero’ Music Video

Miami developer Caroline Weiss dies at 88

Pending home sales are falling, but the slowdown isn’t hitting every market

A Super El Niño is brewing — what it could mean for housing
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
