Levitt seeks to auction lots

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Bankrupt home builder Levitt & Sons has requested to sell some of its real estate assets at a June 12 auction. Pending approval from a judge, the Florida-based company will sell a 26.1-acre land parcel in Tennessee and a total of 224 lots in four subdivision developments. Bids would be due on June 10, and would start at a $13.7 million bid by Hyneman Cos. Hyneman purchased a 63-lot Tennessee subdivision from Levitt & Sons in December.

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