Inside the long fight over Two Roads’ Biscayne 21 condo buyout
When Two Roads Development acquired the majority of condos at a bayfront Miami building in 2022, the firm planned to launch sales of an Edition Residences and complete the first tower by the end of this year. But that didn’t go according to plan. Instead, the group of holdout owners at Biscayne 21, the Edgewater building that Two Roads planned to demolish, sued in 2023. The holdouts held on until winning a key part of their case, and settling with the developer earlier this week. Two Roads paid them about $50 million combined for their units, a source told The […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Fort Partners joins BH3, Merrimac’s Watson Harbour project in Miami
Phoenix Realty scoops up south Miami-Dade rentals for $65M
Estates at Acqualina penthouse sells for $33M, a record for the building
“They fear Awais”: Here’s how investigators say a $6M condo associations fraud unfolded over five years
Customer loyalty offers a key business metric
Florida builders file 6,127 home permits in July
Small creative shifts can help build wealth
Man who killed South Florida real estate agent in 2021 claims self-defense
Baptist Health scoops up Coconut Creek Kohl’s store for $54M
Magna Hospitality sells Fort Lauderdale beachfront hotel for $47M years after buying project out of bankruptcy
