TOUSA auctions off remaining interests in Live Oak Preserve

The local newspapers reported this week that TOUSA auctioned off its Florida interests including those in Live Oak Preserve for $81 million to Starwood Land Ventures. (TOUSA has been in Chapter 11 bankruptcy reorganization for the past couple of years.)  Some 5,500 lots were sold at bankruptcy auction statewide with over 1,000 in the Tampa Bay area.