Foul play in multifamily? Southstar accuses Hines of offloading property with serious hidden defectsAug 20, 2018
Southstar Capital Group accused Hines of pulling the wool over its eyes in the $67 million sale of 306-unit luxury apartment complex near Disney World. According to Southstar, Hines willfully hid significant defects on the Aviva at Celebration complex. The two-year old property was allegedly so riddled with defects that it was condemned and its residents were forced to evacuate.