Rhode Island
Rhode Island entrepreneur Michael Mota is edged out in auction of Florida beach club
The North American Trading Group Inc. placed the winning bid for the foreclosed beachfront property. It’s unknown whether Mota placed a bid.
Serenata’s real-estate investor owners, Molly and Jeffrey Butler, brought Mota in as “new management” in February to reopen the club after it closed abruptly in January. The Butlers lost the property in a foreclosure in July . Members said the club h... [3418 chars]