Versace Mansion Goes to Bankruptcy Auction. The Miami Beach mansion, last listed for $75 million after two steep price cuts, will be sold at an auction in conjunction with Coldwell Banker’s The Jills at 10 a.m. Sept. 17. "It will be the auction of a century," said Lamar Fisher, president and CEO of Fisher Auction Company.
Once listed for $125M, Versace mansion hits auction block.. Since Loftin has filed for bankruptcy, the Versace mansion is now in the hands of VM South Beach, the property’s secure lender. VM.
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But more than six years later, the Palm House’s planned $91 million makeover remains unfinished. The dilapidated.
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Versace Mansion Sells at Auction for $41.5 Million. The Beckhams and Drake didn’t show up at the auction, but the Trumps did. Donald Trump’s son, Eric Trump, missed the winning bid by just half a million. Should VM South Beach’s deal fall through, the mansion will go to the Trumps. Loftin, a telecom entrepreneur,
Versace Mansion heading to Bankruptcy Auction 1116 Ocean Drive, Miami Beach, Florida, United States, 33139. One of the most well known homes in Miami Beach is set to go to auction on September 17. The 23,000 square foot compound was formerly owned by Italian designer gianni versace who was shot dead on the steps to the mansion on July 15, 1997.
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.
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.
By Kevin Gray. MIAMI (Reuters) – One of America’s landmark homes, the Miami Beach mansion that once belonged to Italian fashion designer Gianni Versace, was sold at an auction on Tuesday for $41.5 million to a business group that includes the owners of the Jordache jeans brand.
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The bankruptcy auction to sell the. the property for $32 million unless the bidding goes higher during next month’s auction. Proceeds will be used to help pay back creditors involved in the Palm.