As Seen in The Real Deal: Investor loses civil case to recoup $1M for development of Miami Beach condo project

By June 27, 2025

As Seen in The Real Deal: Kluger Kaplan Shareholder Marko Cerenko secures full win in civil suit over Miami Beach condo investment dispute.

An investor lost a civil case seeking to recoup his $1 million loss from the development of Three Hundred Collins, marking the end of a long legal saga involving the troubled Miami Beach condominium project completed seven years ago. 

On June 16, Miami-Dade Circuit Court Judge Valerie Manno Schurr entered a final judgment in favor of Dhruv Piplani, Three Hundred Collins‘ lead equity partner, and two entities tied to the 19-unit boutique condo project at 300 Collins Avenue in Miami Beach’s South of Fifth neighborhood. Manno Schurr dismissed all claims by plaintiff Hang Bae Lee, who sued Piplani and the two entities in 2019, court records show. 

The dismissal of Lee’s complaint was the final battle in various court cases involving Three Hundred Collins, said Kluger Kaplan Shareholder Marko Cerenko, attorney for the defendants, one of which was an investment arm for the project.

 

Read the full story on the latest and final development in The Real Deal.