INVESTIGATORS: Corporation forces homeowners to sell property | wtsp.com: Here is how it happened. In the past few years, more than 80 percent of the condos at Madison Oaks were bought up, not by new neighbors, but by a single company called "Madison Oaks, LLC".
The company wants the whole complex switched to apartments- forcing residents to sell their homes.
Regime change, condo style. Or inverse condemnation, private sector style. However it's described, the minority stake owners taking a loss are upset that this move is permitted under Florida law.