Major CRE Auctions on Tap Next Week
IRVINE, CA-Auction.com is hoping to keep up the commercial real estate transaction momentum it has seen earlier in the year with a $450 million auction.Read More
VIDEO: Retail Auctions Are a Reality
LAS VEGAS-Retail real estate buyers and sellers aren't shying away from the auction platform, says Auction.com co-CEO Paulsen.Read More
Six Questions for Auction.com's Paulsen on Retail Deals
IRVINE, CA-GlobeSt.com Thought Leader Auction.com CEO Paulson discusses his firm's work in the retail real estate sector of commercial real estate.Read More
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