Levitt and Sons debtors get court OK for $1.1 million commercial property sale

By Jennifer Lanning Drey

Portland, Ore., Nov. 12 - Levitt and Sons LLC's Wachovia debtors received court approval of the $1.1 million sale of a parcel of commercial property in Gainesville, Ga., according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of Florida.

The purchaser is Easlan Capital of Atlanta, Inc.

The Wachovia debtors include Levitt and Sons of Horry County, LLC, Levitt and Sons of Hall County, LLC, Levitt and Sons of Cherokee County, LLC, Levitt and Sons of Paulding County, LLC, Levitt and Sons of World Golf Village, LLC and Levitt and Sons of Manatee County, LLC.

Levitt and Sons, a Fort Lauderdale, Fla.-based homebuilding subsidiary of Levitt Corp., filed for bankruptcy on Nov. 9, 2007. Its Chapter 11 case number is 07-19845.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.