Modern apartment buildings exteriors or Contemporary Architecture Office In the City. (Credit: CasanoWa Stutio/Adobe Stock) Attorneys Secure $8.6M Settlement in Cautionary Tale for Real Estate Managers
"Commercial real estate residential housing is a huge business, and these people know they are having these problems," said Michael Haggard, the managing partner at the Haggard Law Firm.
May 28, 2024 at 03:24 PM
3 minute read
Verdicts-Settlements
What You Need to Know
- Coral Gables attorneys obtained the settlement from defendants who allegedly failed to conduct background checks on their tenants.
- One of the tenants was living in an apartment for over a year despite having a violent criminal history, including an arrest for murder.
- The attorneys warned that legislation signed into law by the Florida governor could exasperate similar problems seen in this underlying case.
Coral Gables attorneys obtained an $8.6 million settlement in a case that is part of a larger trend in the affordability crisis in Florida.
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