The oceanfront mansion of developer Robert V. Matthews, who was indicted by a federal grand jury in 2018, will be taken by a mortgage lender after a bankruptcy auction came up empty.
The nearly 16,000-square-foot home, at 101 Casa Bendita in Palm Beach, was scheduled for auction March 28 under order of U.S. Bankruptcy Court in Matthews’ personal Chapter 11 filing. The minimum bid was $31 million.
In an April 8 order, U.S. Bankruptcy Judge Mindy A. Mora said no qualified bids were received for…
from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_21/~3/mpRE4zSS7qc/bank-to-seize-indicted-developer-s-palm-beach.html