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

Live Local Act megaproject developer sued again – by someone he says he’s never met

Casino mogul picks up $36M mansion next to his Fort Lauderdale home

MG, Vertical score $100M construction loan for Coral Gables mixed-use

“So much wealth”: Why the rush for waterfront homes rolls on in South Florida

Related Group, Russell Galbut part of Fisher Island team at center of fuel depot battle

MCR wants to maximize Miami airport Hilton amid boost in hotel demand

Feldman Equities, Greystar plot multifamily at Fort Lauderdale business complex

South Florida’s top deals: Jacavi sells warehouse near MIA to Miami-Dade County for $19M

Strong jobs report adds to rate discussion

Older buyers are prioritizing long-term livability in home searches

