Can unhappy homeowners disband their HOAs? Experts doubt lawmaker’s proposal
A path to disbanding homeowners associations for residents unhappy with their HOAs is part of a proposal ahead of next year’s session of the Florida Legislature. Rep. Juan Carlos Porras filed House Bill 657, another legislative attempt to address HOA problems and help residents clashing with their l
Cirrus wins distressed downtown Miami development site with $77M credit bid
Cirrus Real Estate won a bankruptcy auction for a distressed downtown Miami redevelopment site with a $77 million credit bid. An affiliate of New York-based Cirrus, led by Joseph McDonnell, topped other offers during a live sale last week conducted by Sotheby’s Concierge Auctions, court records sho
MG Developer, Prosper jump into hot North Bay Village with condo development
Alirio Torrealba’s MG Developer and Prosper Group are planning a 30-story waterfront condo tower in North Bay Village. MG and Prosper are proposing a 30-story, 147-unit tower at 1681 and 1725 North Bay Causeway, the 1-acre site they bought for $30.9 million last year. The partners filed an applicati
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