Share on LinkedInShare on LinkedIn

ARTICLE · 22 AUGUST 2018

Green Light For Miami Developer

Carlton Fields defended real estate developer Apeiron Miami, LLC in litigation brought to prevent our client from maintaining, operating, and developing its own property.

United StatesReal Estate and Construction

Carlton Fields defended real estate developer Apeiron Miami, LLC in litigation brought to prevent our client from maintaining, operating, and developing its own property. Apeiron purchased the 14 acre property, in the Miami-area Jockey Club condominium complex, in 2014, with plans to develop it. In 2016, two existing Jockey Club condominium associations sought to block development, filing two lawsuits against Apeiron in Florida state court. Plaintiffs argued that development would violate agreements they made with the complex's original owner in 1977 and 1995.

Following a five-day bench trial, the court ruled that these agreements had either been extinguished by Florida's Marketable Record Title Act or did not preclude future development or Apeiron's assumption of maintenance. Although this ruling eliminated obstacles, it also required our client to secure the associations' approval for its development and was unclear as to whether Apeiron could develop on the land

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from