Versace Mansion Goes To Bankruptcy Auction

Versace mansion goes up for sale 4:42 PM ET Fri, 19 July 2013 CNBC’s Robert Frank reports that starting bids for the house, which a bankruptcy court recently approved for auction, are at $25 million.

14 – italian fashion designer gianni versace‘s South Beach mansion to. of Fisher Auction Company. (SOUNDBITE) (English) BENNY FISHER, FOUNDER OF FISHER AUCTION COMPANY, SAYING: "South Beach, within.

Versace Mansion Tour a spokesman for Fisher Auction Co. The deal will be taken to a bankruptcy court tomorrow for approval. The house, owned by Versace when he died in 1997, was sent to auction after failing to attract.

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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.

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US Bankruptcy Auction of Luxury Waterfront Condo in Hallandale Beach, FL. 2420 Diana Drive, #402, Hallandale Beach, FL 33009, US. The Former Versace Mansion, Miami, Florida The Former Versace Mansion, Miami, Florida. 1116 ocean drive, Miami Beach, FL 33139, US;

The Versace mansion will go to bankruptcy auction on Sept. 17, listing broker Jill Eber told The real deal. bidders will need to deposit $3 million into escrow and show proof of funds of $40.

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The mansion formerly owned by fashion designer Gianni Versace in Miami Beach, Florida is to go under the hammer at a bankruptcy auction – with minimum bids for the Ocean Drive pad set for $25m (16m)

Though the Versace family hasn’t owned the oceanfront mansion since 2000, auctioneers hope the Italian designer’s legacy will attract bidders to the Miami Beach property when it goes up. this year.

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.

SoBe's Posh Versace Mansion Headed For Auction Block. Beach mansion once owned by Italian designer Gianni Versace is going on. Earlier this month, it was reported current owner Peter Loftin filed for bankruptcy to avoid foreclosure . Loftin bought casa casuarina about a decade ago for $19 million.

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.

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