Versace Mansion Goes to Bankruptcy Auction

By Catherine Sherman

Article Reprintversace mansion

It was once the lavish residence of late fashion icon Gianni Versace, then the location of his tragic death and until recently, a boutique hotel. What’s next for the famed Casa Casuarina?

According to a press release issued by Fisher Auction Company, majority owner and telecom entrepreneur Peter Loftin has filed bankruptcy. The Miami Beach mansion, last listed for $75 million after two steep price cuts, will be sold at an auction in conjunction with Coldwell Banker’s The Jills at 10 a.m. Sept. 17.

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