By  on September 17, 2013

The family behind Jordache Enterprises appears to have finally prevailed in its quest to purchase Casa Casuarina, the Miami Beach mansion-turned-hotel where designer Gianni Versace lived for five years before being killed there in 1997.

Through its investment vehicle VM South Beach LLC, the Nakash family acquired the mansion for $41.5 million, beating out a $41 million bid from Donald Trump, at a bankruptcy auction held in Miami Tuesday. The deal requires approval from the bankruptcy court, which will consider the matter at a hearing this morning.

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