A joint venture between Coastline Management and Tower Capital Group paid $33.2 million for an apartment complex in Miami Gardens. EB Real Estate Group, an investment firm in New York, sold the 234-unit Park Plaza Apartments for about $142,000 per unit, according to a press release. Berkadia’s Tal Frydman, Yoav […]
Q: I heard there was a new law that punished condominium associations who failed to timely provide a copy of the annual financial report. Is this true? What are the penalties? S.U. via e-mail A: You are referring to a recently revised provision within the Condominium Act which became effective […]
Q: Recently, a member of our board of directors resigned, leaving my condominium association with six board members. The board met in a closed meeting to consider appointing someone to fill this vacancy The board voted three times to appoint a person to fill the vacancy and each time the […]
Q. I live in a 40-unit condo building, which has had a ‘no pet amendment’ since 1980. A woman recently purchased a unit and has been seen with a dog that barks all the time. She signed all the disclosure forms that stated “no pets,” but gave the board a note […]
Click Here to Download. United States Department of the Treasury: Investing in Qualified Opportunity Zones
