The US Bankruptcy Court gave an order approving the sale of certain assets of Ameritrans Capital Corp. on October 24, 2017. The trustee has been authorized to sell debtor’s 6% interest in SoHa Terrace, LLC to Ventures 76, LLC, the successful bidder, for a gross purchase price of $1.25 million. Ventures 76, LLC emerged as the winning bidder by offering a purchase price of $1.25 million, whereas RGS Holdings LLC, the competing bidder, had offered a purchase price of $0.86 million.