Tradition homes going on auction block
Tuesday, December 23rd, 2008 by CBS 12A luxury senior community in Port St. Lucie is going on the auction block. Bankrupt builder Levitt and Sons is auctioning off homes in Tradition in western Port St. Lucie.
The builder still owes $86 million on the 55 and older Seasons development. Seasons at Tradition is one of 11 Levitt communities under construction and in the process of foreclosure. Contractors stopped building last November, leaving many unfinished homes.
The properties are scheduled to be auctioned on Dec. 29 at 11 a.m. at the St. Lucie County courthouse.
– Tara Simone, CBS 12
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