AUCTION DETAILS


By Order of the U.S. Bankruptcy Court - Portfolio of 165 Condo Units located in "The Vue", Orlando FL

JUST SOLD FOR $25.9 MILLION!

JUST SOLD FOR $25.9 MILLION!!

Live Off-Site Auction

Began: Monday, March 15, 2010 at 11:00 AM EDT

Location: 150 E Robinson Street, Orlando, FL

Details

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  BANKRUPTCY AUCTION

By Order of the U.S. Bankruptcy Court
Middle District of Florida – Orlando Division
The Vue - Orlando, LLC, Case No. 6:09-bk-14833-KSJ
Portfolio of 165 unsold condominium apartments and ±7,972 square feet of retail space offered as one unit of sale

Bidder qualification deadline is Wed., March 10, 2010 at 4:00 PM E.S.T.

Auction is on Monday, March 15, 2010 at 11:00 AM E.D.T.
150 East Robinson Street, Orlando, FL 32801

To be a Qualified Bidder, one must deliver to bank counsel by
Wednesday, March 10, 2010 at 4 p.m. the following:

 I. Signed, non-negotiable purchase and sale agreement for at least $20,000,000.
 II. $1,000,000 earnest money deposit in cleared funds.
 III. A signed financing commitment or such other evidence of financial ability to pay, free of any contingency, in an amount equal to or in excess of the Minimum Bid Requirement (A bid subject to a financing contingency is not a Qualified Bid).
 IV. Closing will occur on or before Friday, April 16, 2010.

The property has residents occupying units and access is controlled. Please contact Kathy Sharpe, Client Coordinator with Cushman & Wakefield at (407) 541-4426 to schedule tours.

Full Property Information Package / Memorandum Offering Available online - see link on right.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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