Miami Beach condo owner sues Mast Capital affiliate, adding to legal mess at Amethyst
Years into a litigious and drawn out buyout of the Amethyst in Miami Beach, one owner is trying another approach through his lawsuit against the developer and condo association. Robert Pelier, an attorney who owns two units at the oceanfront building at 5313 Collins Avenue, filed a lawsuit last week that focuses on the threshold for termination, a legal process that’s required before a developer knocks down a building and redevelops the property. A number of owners at the 120-unit building have been in limbo for at least five years. The building, constructed in 1964, is zoned RM-3, which allows […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Opinion: The capital structure solution hiding inside the housing crisis

From clicks to home sales: How connected builder websites convert traffic

Borrower trust by design

EXCLUSIVE: ‘American Pie’ Star Seann William Scott Lists His ‘Magical’ Malibu Park Estate for $17.5 Million

Virginia Orders Data Centers To Pay for Dedicated New Electric Infrastructure

Clara scores $102M refi for pricey Bay Harbour Islands apartment development

EXCLUSIVE: Hall & Oates Rocker John Oates Sells His Longtime Aspen Ranch for $7 Million

Rural seniors face growing repair crisis with aging homes

The Home Health Blind Spot: In 12 States, Anyone Can Call Themselves an Inspector

UWM lines up record $2.05B Ishbia–Oaktree capital raise as it posts Q2 loss
GET MORE INFORMATION

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