· 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.
Gianni Versace’s world famous Versace Mansion, now called Casa Casuarina will end up at bankruptcy auction. Original price for the Miami home where fashion designer Gianni Versace lived before he was gunned down was $125 million. Last year, price was reduced on $100 million, and once more to $75 million.
· michael kors acquiring versace for US$2 Billion, Blackstone to divest minority stake if deal goes through According to Bloomberg, the iconic italian luxury designer had returned to profitability in 2017 under the leadership of Gianni Versace’s sister Donatella and his older brother Santo Versace, posting revenues of US$808 million.
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 foreclosure process is a lengthy one, which works in favor of the homeowner. You’ll have time to take the steps to save the home. This includes the few weeks leading up to a scheduled auction. You can file chapter 13 bankruptcy, negotiate with the lender, pay the balance or go to court.
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