“Behind our backs”: Ex-Lt Gov, Florida Rep Carlos Lopez-Cantera, father sued over Miami-Dade land deal
Former Florida politician Carlos M. Lopez-Cantera is accused of conspiring with his father to cheat partners out of millions of dollars in a Miami-Dade County real estate deal, a suit says. The pair face a lawsuit that claims they misled investment partners about the value of an 8.3-acre vacant tract, inducing them to sell it to Quarry Real Estate Holdings, an entity led by the younger Lopez-Cantera, for $40,000 –– even though it potentially could be worth over 400 times more –– with the intention to then flip it, essentially depriving investors from a potentially higher profit, according to the […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Boston Children’s Hospital inks deal to open West Palm Beach clinic
California philanthropists pick up Hillsboro Beach mansion for $37M
Weed scheme allegedly paid for $3M in South Florida real estate
Local elections: City land deals, development rules on the ballot in Broward County
Bomar’s proposed Fort Lauderdale megamansion hits market for $100M
Charles Cohen scores $385M for delayed West Palm office project, as South Florida construction loans flow
Luxury hotel group Raffles to brand Mast Capital, BH’s Coconut Grove condo
Developer proposes mixed-use project on one of Jupiter’s last undeveloped waterfront sites
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
AI Can Speed Up Work But Still Needs Your Review
