Buyers who lost money in Rishi Kapoor's real estate projects may receive a share of receivership funds. 5 million to satisfy claims related to two condo developments. The developments in question are Villa Valencia in Coral Gables and a failed co-living project in Miami Beach.

The receiver, a bankruptcy attorney, needs authorization from a US District Court judge to proceed with the distribution. Further details about the distribution and the cases against Kapoor are available from the original source. Kapoor previously pleaded guilty to felony counts, and his sentencing is pending.