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Bloktech Wynwood Atrium LLC, Etc. v. BD FL Notes, LLC, Etc.

2026-10-28

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Opinion

majority opinion

Third District Court of Appeal

State of Florida

Opinion filed October 28, 2026.

Not final until disposition of timely filed motion for rehearing.

No. 3D25-1191

Lower Tribunal No. 22-11854-CA-01

Bloktech Wynwood Atrium LLC, Fahad J. Khan,

Migel A. Jennings, Jose Arguelles, Christina Suarez,

William Scherer, Rodrigo Bedoya Olivella,

Mitelan Kumarasamy, Ryan W. Glasco, Francesco Quatraro,

KLS Florida Group LLC, Damiomiami Society Corp.,

Lior Sabag, and Sunburst, LLC,

Appellants,

vs.

BD FL Notes, LLC, 136NW 126 ST Project, LLC, Hernando

Anthony Carrillo, Sherry Johnson Carrillo, and

Capital Holdings Funding, LLC,

Appellees.

An Appeal from a non-final order from the Circuit Court for Miami-Dade County, Robert T. Watson, Judge.

Vogel Law Firm, PLLC, and David Michael Vogel and Hal S. Vogel (Davie), for appellants.

COHN & DUSSI, LLC, and James J. Webb (Boston, MA.), for appellee BD FL Notes, LLC.

Before LOGUE, GORDO and GOODEN, JJ.

GOODEN, J.

The Appellants are contract purchasers of pre-construction

condominium units at Wynwood Atriums, which were being constructed by

the Appellee Developer, 136 NW 126 ST Project, LLC. They appeal an

order granting in part and denying in part their motion to intervene. The

Purchasers assert that the order effectively denied their motion. 1

For the purchase and construction of Wynwood Atriums, the Developer

executed a mortgage with Triumph Capital Partners. The mortgage stated:

Section 2.4 Liens. Mortgagor shall not, directly or indirectly,

create or suffer or permit to be created, or to stand, against the

Property . . . any lien, charge, mortgage, deed of trust, adverse

claim or other encumbrance . . . whether senior or junior in lien

to this Mortgage. . . .

Section 5.4 Subordinate Financing. If Mortgagor, without the

prior written consent of Mortgagee, executes or delivers any

pledge, security agreement, mortgage or deed of trust covering

all or any portion of the Property . . . Mortgagee may . . . declare

the Obligation to be immediately due and payable.

1

We review this order for an abuse of discretion. See Mendoza v. Kendall Park Plaza, Ltd., 429 So. 3d 1082, 1084 (Fla. 3d DCA 2026).

2

To purchase the units, the Purchasers executed purchase agreements

with the Developer. These agreements contained a subordination clause:

18. Subordination of Purchase Agreement to Mortgage Liens:

The Purchaser agrees that all terms and provisions of this

Agreement are, and shall be, subject and subordinate to the lien

of any mortgage heretofore or hereafter made or placed Upon

the subject property, subject lands, or the Condominium, and to

any advances heretofore or hereafter made thereon, to the full

extent thereof, without the execution of any further legal

documents by the Purchaser. Nothing by reason of the

execution of this Agreement shall be construed as giving or

granting unto the Purchaser any lien upon the Unit, Purchaser

hereby expressly waiving and relinquishing any lien or lien rights,

legal or equitable, which might otherwise accrue or be available

to Purchaser by operation of law or otherwise.

The Developer did not complete construction by the mortgage’s

maturity date. Triumph Capital extended the maturity date of the loan, but

ultimately initiated foreclosure in February 2022. During that litigation,

Triumph Capital assigned its interest to the Appellee, BD FL Notes.

Thereafter, by way of an agreement, BD FL Notes allowed the Developer to

continue to close on units to pay down the mortgage. The Developer,

however, failed to close on the agreed upon number of units. Thus, BD FL

Notes declared the agreement in default. The trial court entered final

judgment of foreclosure on July 6, 2023.

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Soon after, the Purchasers moved to intervene. They sought to vacate

the foreclosure so that they could close on their units. 2 The trial court

conducted five evidentiary hearings. It granted the Purchasers’ request in

part, finding that they had a junior interest and adding them as parties to the

post-foreclosure judgment.

The Purchasers argue that they should have been added as junior

lienholders. Post-judgment intervention is permitted only in rare

circumstances, when the proposed intervenor demonstrates a sufficient

interest in the property. See Wags Transp. Sys., Inc. v. City of Miami Beach,

88 So. 2d 751, 752 (Fla. 1956) (permitting post-judgment intervention by

non-party because “the petition to intervene showed such an interest in the

res that the ends of justice require that it be granted”).

But this argument fails because their purchase agreements expressly

disclaim and waive any lien rights. In the purchase agreement, the

Purchasers agreed: “Nothing by reason of the execution of this Agreement

shall be construed as giving or granting unto the Purchaser any lien upon

the Unit, Purchaser hereby expressly waiving and relinquishing any lien or

lien rights, legal or equitable, which might otherwise accrue or be available

2

While not raised in their motion to intervene, the Purchasers later stipulated that they were aware of the litigation since October 2022—nine months before the stipulated final judgment of foreclosure.

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to Purchaser by operation of law or otherwise.” “We are bound to give effect

to that agreement.” Summit Aviation, Inc. v. MSP Recovery Aviation, LLC,

51 Fla. L. Weekly D1815, *2 (Fla. 3d DCA Sept. 2, 2026). See Barakat v.

Broward Cnty. Hous. Auth., 771 So. 2d 1193, 1195 (Fla. 4th DCA 2000) (“A

fundamental tenet of contract law is that parties are free to contract, even

when one side negotiates a harsh bargain.”).

Because the Purchasers expressly waived the lien rights on which their

claim to junior lienholder status depends, they failed to establish the property

interest necessary to warrant post-judgment intervention. See Dickinson v.

Segal, 219 So. 2d 435, 436–37 (Fla. 1969); Lewis v. Turlington, 499 So. 2d

905, 907 (Fla. 1st DCA 1986); Idacon, Inc. v. Hawes, 432 So. 2d 759, 761

(Fla. 1st DCA 1983). Accordingly, the trial court did not abuse its discretion.

Affirmed.

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