The Real Deal Miami

Osorio home sells at auction

November 04, 2011 01:50AM

The Star Island home of Innovida’s Claudio Osorio has been sold to an
undisclosed buyer at a bankruptcy auction, after two bidders went
head-to-head for half an hour at the auction. “There was spirited
bidding,” said Lamar Fisher,” who ran the auction, which took place at
Osorio’s former home at 15 Star Island Drive. While Osorio will return to his
position at Innovida as part of the bankruptcy plan, he will have to
sell two other properties — a Colorado ski chalet and a condominium in
Switzerland. The price of the winning bid will not be disclosed until a
hearing later today. [Miami
Herald]