The Weekly Dirt: Two Roads hits dead end in Miami condo buyout saga

Florida’s Supreme Court declined to take up the Biscayne 21 condo buyout case.  A brief recap to bring you up to speed: In 2022, Taylor Collins and Reid Boren’s Two Roads Development acquired the majority of condos at Biscayne 21, an older Miami condo building in Edgewater. The developer-controlled condo association then voted to amend the condo declaration’s termination statute, lowering the threshold to 80 percent from 100 percent. (A termination of the association is a required legal step so the developer could eventually knock the building down.)  Two Roads, which financed the bulk purchase with a $45 million mezz […]

This article originally appeared on The Real Deal. Click here to read the full story.