Farm land, hotel, luxury homes go to auction

TAMPA — Acres of farm land in Hillsborough, Manatee and Polk counties, packing houses, the Red Rose Hotel in Plant City, luxury condos in Naples and home sites are among the numerous assets of the Madonia Family that are up for auction as part of the family's bankruptcy reorganization.

Auctioneers have solicited sealed bids, which are being evaluated by Chapter 11 bankruptcy trustee Gerard A. McHale Jr., and may be used as opening bids for the upcoming auctions.

The Madonia Family cited two years of freezes on its Florida farms,, a hurricane on its Virginia farm in 2011 and challenges from cheap imports in seeking Chapter 11 bankruptcy protection.'¨
The trustee expects to receive court permission to hold the following auctions: