Auction.com:

Commercial Real Estate Transactions

Thought Leader Bio

In 2011, Mr. Paulsen was engaged to form Auction.com Commercial, an entity focused on transacting third party, loan and commercial asset sales utilizing an online based auction platform. Since his joining, Auction.com Commercial has taken to auction over $8.5B in commercial real estate and loans across the United States via online auctions. In addition, Auction.com Commercial will be executing its first European auction with assets from Germany in 4Q12.

About Auction.com

Since our founding in 1990, Auction.com has distinguished itself as the world leader in maximized asset disposition strategies, asset management and real estate sales. Our expertise lies in selling residential, commercial, luxury homes, multi-family and hospitality properties, land, as well as performing and non-performing notes and loan pools.

To date, Auction.com has sold over $12 billion of real estate assets for our clients.

Over 100 financial institutions currently utilize the Auction.com platform and marketing expertise to sell Commercial REO Properties and Notes. Over the past 18 months, our division has successfully auctioned over 1,500 Notes secured by Commercial Real Estate, totaling over $4.2 billion at an average recovery rate of 56%, and it has closed 336 Commercial REO Properties at an average recovery rate of 102% of reserve value.

For more information on selling commercial REO Properties and/or Notes, please contact: Ken Rivkin, Co-CEO, Auction.com Commercial, Ken.Rivkin@auction.com