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Versace Mansion Goes To Bankruptcy Auction

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The former Versace mansion fetched a top bid of $41.5 million at a high-profile auction Tuesday from New York’s Nakash and Gindi families, who own the Hotel Victor next door.

The court’s approval will go into effect. RREF II Palm House LLC – instead will receive a $350,000 “breakup fee,” thanks to the terms of the sales agreement. The fee is related to the now-scuttled.

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The former Versace mansion is set for sale in a bankruptcy auction later this summer as one-time owner Peter Loftin prepares to end his stormy tenure at the famed Ocean Drive property that got.

Update: The Versace mansion sold at auction for $41.5 million. What was once the most expensive piece of real estate on realtor.com is now poised to sell at auction for a significantly reduced price.

HIGH-PROFILE former medico Geoffrey Edelsten, whose 2014 year has started with the collapse of his marriage and his filing for bankruptcy in. Brynne has used the Palazzo Versace penthouse as a Gold.

 · Versace Mansion Goes To Bankruptcy Auction. The Versace Mansion started at $125 million, a year and a few price cuts later, it’s headed to a bankruptcy auction. nicknamed casa casuarina, the enormous mansion was the lavish residence of late fashion icon Gianni Versace, and the location of his tragic death and recently,

The Versace Mansion was listed on the real estate market last year for $125 million. On September 17th, the estate will be sold at a bankruptcy auction for much less than the original asking price.

But more than six years later, the Palm House’s planned $91 million makeover remains unfinished. The dilapidated 80,000-plus-square-foot hotel finally sold in a bankruptcy auction last month. bad.

Washington-based studio Robert Gurney Architect has designed the Wissioming2 Residence. This two story contemporary home is located in Glen Echo, a town in Montgomery County, Mary

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The former Versace mansion fetched a top bid of $41.5 million at a high-profile auction Tuesday from New York’s Nakash and Gindi families, who own the Hotel Victor next door.

 · MIAMI, Sept 17 (Reuters) – One of America’s most iconic homes, the Miami Beach mansion that once belonged to Italian fashion designer Gianni Versace, goes on the auction block on Tuesday, with bidding set to open at $25 million. The 1930s-era Mediterranean-style estate, which has 10 bedrooms, 11.

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