Florida – Condo association buys One Bal Harbour from bankruptcy

Condo association buys One Bal Harbour from bankruptcyFollowing years of court battles, the condo association at One Bal Harbour bought the property out of bankruptcy. The 10295 Collins Avenue Residential Condominium Association closed on the $13.4 million sale Monday. Included in the purchase: the hotel tower, common areas and nine unsold condo units. The association plans to sell the hotel portion.

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