Summit Financial trustee eyes $1.57 million Florida property sale

By Sarah Lizee

Olympia, Wash., March 18 – Summit Financial Corp. Chapter 7 trustee Marc P. Barmat is seeking court approval to sell real property in Plantation, Fla., for $1.57 million to Markson Hoder Holdings, LLC, according to a meeting filed Thursday with the U.S. Bankruptcy Court for the Southern District of Florida.

As previously reported, Barmat received court approval to enter into a brokerage agreement to sell commercial property. Kenneth E. Morris of Morris Southeast Group, Inc. and agent Jason A. Welt of Trustee Realty Inc. listed and marketed the property under the brokerage agreement.

Plantation, Fla.-based Summit provides financing by purchasing and servicing retail installment sales contracts. The company filed bankruptcy on March 23, 2018 under Chapter 11 case number 18-13389.

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