The next step toward a change of ownership of the Laura Street Trio is set to occur Aug. 5 with a court-ordered auction of the historic buildings in Downtown Jacksonville.
On July 8, the Duval County Clerk of the Courts filed notice of the sale, which stems from a foreclosure suit filed by the city of Jacksonville in November 2024 against Laura Trio LLC and Red Oak Capital Fund II LLC.
The city alleged Laura Trio LLC, which is affiliated with Trio owner SouthEast Development Group, owed $827,500 in fines for municipal code violations…