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Tue. Jun, 13 TBD

Bankruptcy Sale - Banyan Cay Resort and Golf, West Palm Beach, FL

  • Keen-Summit Capital Partners
  • Contact: Heather Milazzo
  • Phone: 646-381-9207
  • Listing added on 04/24/23
Keen-Summit Capital Partners

2020 Banyan Cay Resort Way, West Palm Beach, FL 33401

On March 29, 2023,  Banyan Cay Resort & Golf, LLC, et al. filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, Case No. 23-12386 Bid Deadline: June 8, 2023 | Auction Date: June 13, 2023 Stalking Horse Bid: $102,100,000 | Minimum Over Bid: $105,350,000 ???????Subject to Bankruptcy Court Approval Keen-Summit Capital Partners LLC has been retained as the exclusive real estate broker to market and sell Banyan Cay Resort & Golf will be a luxury destination resort & golf course in West Palm Beach, FL. The project includes a Jack Nicklaus designed golf course, which opened in 2017, and a 150-room hotel, which is approximately 95% complete. The sale also includes a lot for a 179-unit condo tower along with pads for 22 villas. Please Note:  Bids will be considered for the entire portfolio or in parts: Hotel Complex, Golf Course, Land Sites (Condo Pad or Resort Villas), and/or Additional Si . . . more

1 properties: Displaying page 1 of 1