In a $262.1 million foreclosure judgment that is one of the largest in South Florida in recent history, the Paramount on the Bay Condominium in Miami is headed to auction. IStar Financial (SFI) won the judgment against Royal Palm Miami Holdings, an affiliate of Boca Raton-based RPC Holdings, managed by Daniel Kodsi, based on a $220.9 million mortgage, plus interest and fees. Kodsi, who did not challenge the foreclosure, was not named in the judgment.