Auction.com LLC has just reported closings on 127 commercial assets last December. The total combined value of these assets was more than $327 million, and the sale of retail properties accounted for more than $129 million of the month’s closings. Image credit: GarthM via Pixabay.com Rick Sharga, executive vice president of Auction.com said “We saw
Texas Hotels Up For Bids On Auction.com
June 8, 2011 by
In news from Seguin, Texas, just outside San Antonio, 13 hotel loans are up for auction to the highest bidder. Bidding at Auction.com began yesterday and will continue until 4 PM local time, according to the news. The winning bidders will take ownership of the mortgages attached to the hotels.
Three-Day Real Estate Auction in Las Vegas Raises $340 Million
May 29, 2011 by
A three-day online real estate auction in Las Vegas successfully sold $340 million of bank owned commercial real estate property and delinquent loans. The auction listed $1 billion of property, of which 84% was sold. The online auction took place from May 17-19 and was conducted by online auction experts Auction.com who are based
