Inverrary Vacation Reort in Lauderhill sold out of bankruptcy for $12.2m

13 June 2017

The Inverrary Vacation Resort located at 3501 Inverrary Boulevard in Lauderhill, has been sold out of bankruptcy with a winning bid of $12.2 million. The buyer, GranVita 2 LLC, managed by Toronto-based Luis Navas and Maria Navas, also agreed to assume a $6.38 million first mortgage secured by the resort property from an affiliate of Miami Beach-based Safe Harbor Equity Managers. Built in 1970’s, the property features a 207 room hotel, 30 tennis courts and a 23,573 square foot clubhouse. The proceedings were overseen by U.S. Bankruptcy Judge Paul G. Hyman.

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