Stranded condo buyer objects to receiver’s move in Rishi Kapoor’s aftermath
More than four years after putting a $3 million deposit on an unfinished penthouse in disgraced developer Rishi Kapoor’s first luxury condominium project, a stranded condo buyer is still fighting to recoup its funds. The condo buyer, Mironrest CG, objected to court-appointed receiver Bernice Lee seeking to hire her own law firm to handle clawback litigation. It’s the latest kerfuffle in the ongoing liquidation saga of Location Ventures, the defunct Coral Gables firm founded by Kapoor. Lee and Mironest CG attorney Jonathan Minsker declined comment. The proposed contingency fee for Kozyak Tropin & Throckmorton, where she is a partner, is […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Braemar sells Key West resort amid Ashford split

Related Urban targets aging Coconut Grove housing for two-tower project

Witkoff, Monroe Capital score $303M loan for huge Miami Worldcenter project

Big Tech, big offices: Google supersizes Miami presence on heels of Larry Page, Sergey Brin’s resi spree

Landmaxxing: Billionaire David MacNeil adds to Manalapan compound with $36M buy

“Good, not great”: World Cup hype falls short for South Florida hospitality industry

Pending sale of $25M Boca mansion tops busy week in Palm Beach County

South Florida’s top deals: Telecom exec pays $19M for new Miami mansion

AI and home automation expected to reshape daily living within 20 years

Team growth needs more than new agents

