About This Thought LeaderAuctions are becoming a more common aspect of commercial real estate, and one of the leaders in this space is Auction.com, which has monthly events selling all product types across the country. This page is has the latest on Auction.com's news, events and auctions in general in the commercial real estate industry.
Auction.com Picks EVP, Chief Legal Officer
IRVINE, CALee Leslie, who has served as the firms interim general counsel for four months, oversees all legal, regulatory, intellectual property, corporate transaction and governance matters for the online marketplace.Read More
Nova Biomedical Expands Presence in Billerica
BILLERICA, MANova Biomedical Corp. has acquired its second building in Billerica with the purchase of 165 Lexington Road from KS Partners.Read More
Smith Takes on Auction.coms CRE Division
IRVINE, CAThe firms EVP Gordon Smith is named general manager of its commercial real estate division, in addition to currently heading Auction Finance, which facilitates financing for commercial and residential investors.Read More
Investors Still Saying Yes to Flipping
IRVINE, CAWhile some flippers purchase homes to sell to other investors for renting, its unclear whether they will move to a buy-and-hold strategy as rental-housing demand continues to rise, says Auction.coms Rick Sharga.Read More
Brick-and-Mortar Volume Up, but Prices Cooling
IRVINE, CAThe sale of retail properties accounts for more than $129 million of Decembers closings for Auction.com, yet sector trends are lowering sale prices for these assets, according to the firms EVP Rick Sharga.Read More
Will Investors Migrate to Europe for Yield?
IRVINE, CAMigration is a possibility as cap rates continue to compress, deal volume rises and competition for deals becomes ever fiercer, reports Auction.com in a new report.Read More
Predictability of Yield Draws Hotel Buyers
IRVINE, CAInvestors in other product sectors often cross over to buying hotels once they see the difference in cap rates, which tend to remain steadier over time, Auction.coms Anthony A. Falor tells GlobeSt.com EXCLUSIVELY .Read More
People Arent Worrying About Interest Rates
SAN DIEGOWhile last years conference reflected concern over interest rates rising, this year no one is letting this possibility stop them from doing deals, NorthMarqs Jeff Weidell tells GlobeSt.com at CREF15.Read More
Home Sales Expected to Remain Flat
IRVINE, CAWhile up from a year ago, sales of existing homes are not expected to rise much in 2015, similar to 2014, as demand from homebuyers continues to be tepid, according to Auction.com.Read More
Investors Prefer Flipping Over Renting
IRVINE, CAAuction.com finds that investors during fourth-quarter 2014 preferred flipping properties to holding and renting them, although investor intent varies considerably by type of auction and investor profile.Read More
Auction.com, LLC, is the nations leading online real estate marketplace and has sold more than $26 billion in assets since 2007. The company serves customers from the largest financial institutions and investors in real estate to the individual consumer and agent. Auction.com, LLC is headquartered in Irvine, California and has North American offices in Newport Beach, Silicon Valley, Miami, New York, Austin, and Plano, with European offices located in London, Frankfurt and Berlin. Visit Auction.com for more information.