Banyan Cay Resort & Golf reports $429,448 net loss for April

By Sarah Lizee

Olympia, Wash., May 16 – Banyan Cay Resort & Golf, LLC reported a $429,448 net loss for April on $109,079 of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Florida.

The cash balance at the end of April was $186,855.

The West Palm Beach, Fla.-based golf resort owner filed bankruptcy on March 29 under Chapter 11 case number 23-12386.

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