Inverrary Vacation Resort sold at bankruptcy auction for $12.2M

Monday Jun 12th, 2017


U.S. Bankruptcy Judge Paul G. Hyman Jr. approved the winning bid of $12.23 million for the Inverrary Vacation Resort in Lauderhill on Friday. The winning bidder was GranVita 2 LLC, managed by Luis Navas and Maria Navas in Toronto. In May, GranVita 2 LLC acquired the $6.38 million first mortgage on the property from an affiliate of Miami Beach-based Safe Harbor Equity Managers. Attorney Joe M. Grant, who represents Chapter 11 trustee Maria Yip in the case, said GranVita 2’s $12.225... [read more]