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Living Facility and Retirement Center in Florida

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Listing Information

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Living Facility and Retirement Center in Florida



Price: $78,500,000.00


Other Item Info
Item #: flmbke_1217403
Created: 11/02/2016
Category: Business Property > All Assets or Going Concerns > Health Care Equipment & Services
Sale Location: Tampa, Florida
Sale Date: Tue. Dec 20, 2016
Seller Info
Scott A Stichter
Debtor's Attorney
110 E. Madison Street, Suite 200
Tampa, FL 33602-4700
813-229-0144
Bankruptcy Info
Case #: 8:16-bk-08167
Case Title: Westport Holdings Tampa, Limited Partnership
Court: Florida Middle Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Sale of Real and Personal Property of (i) Westport Holdings Tampa, Limited Partnership and (ii) Westport Holdings Tampa II, Limited Partnership.

  1. Westport Holdings Tampa, Limited Partnership (“Holdings”) owns and operates University Village (the “Village”), an independent living facility containing 446 apartments.
  2. Westport Holdings Tampa II, Limited Partnership (“Holdings II”) owns the Independent Living Villas, which are commonly known as the Retirement Center at University Villages (the “Retirement Center”). The Retirement Center consists of 46 apartments and condominium units clustered within a neighborhood of duplex buildings and includes a dedicated clubhouse.

Sale Location

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110 East Madison Street, Suite 200
Tampa, FL, 33602

Additional Details

  1. Auction Time: 9:30 a.m.
  2. Sale Hearing held on December 21, 2016
  3. Bid Deposit: $1,000,000.00
  4. Initial Overbid Amount: $700,000.00
  5. All subsequent Bids above the initial Bid must be in incremental increases of at least $200,000.00
  6. Bid Deadline: December 15, 2016
  7. Last date to respond: December 15, 2016


Other Information

Terms and Conditions:

See attached.


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