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R.I. entrepreneur Michael Mota edged out in auction of Florida beach club

Por: The Boston Globe Business September 13, 2024

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PROVIDENCE — A Jacksonville, Florida-based company is the new owner of the Serenata Beach Club in Ponte Vedra Beach after placing the winning bid at a foreclosure auction on Thursday, edging out , who had told club members that he intended to buy the beachfront property.The North American Trading Group Inc. bid $1,500,100 for the foreclosed club. that the company had been assigned the $11.8 million judgment from the lenders seeking the... + full article



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