Two Luxury Properties for Auction in The Strand at Headlands in Dana Point,

Published February 25th, 2010

Concierge Auctions will host a real estate auction of 7 & 9 White Water Lane at The Strand at Headlands in Dana Point, California, the company announced. Previously offered to $15 million, the properties are selling bidder’s choice* with a reserve of $6.9 million and a pre-sale estimate of $8 million to $11 million. The sale is being conducted in cooperation with broker/owner Bob Chapman and listing agent Kindy Slagle of Coast Sotheby’s International Realty.

As a preferred auction provider to Sotheby’s International Realty® and other luxury brokerage firms, the company has executed auctions throughout the country, from New York to Hawaii. The company’s database includes more than 30,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years. For more information, call 888-966-4759 or visit www.ConciergeAuctions.com

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Auction for Seven Exceptional Upper Deer Valley® Homes

Published February 22nd, 2010

Accelerated Marketing Partners announced that it will hold a real estate auction for seven exceptional Upper Deer Valley Homes at the intimate and exclusive Lookout at Deer Valley, a 44-acre community of 35 home sites featuring 270-degree panoramic views of the Deer Valley® Resort and Park City ski runs. The event will be held on Sat., Mar. 27, 2010 at 5:00 p.m. MST at the Stein Eriksen Lodge, located at 7700 Stein Way in Park City. Minimum bids for the homes range from $1.65 million to $2.55 million and are up to 59 percent below last asking prices, resulting in minimum bids that range from $287 per square foot to $452 per square foot.

The auction information center and model homes for Lookout at Deer Valley, developed by Lookout Partners, LLC, a group of long-time local developers with more than 20 years experience of building luxury resort residences in Park City, are open daily from 10:00 a.m. to 6:00 p.m. through Mar. 26 at 6620 Lookout Drive. Advance registration for the auction is required. There are no hidden reserves or buyer’s premiums. All interested parties can obtain additional information at www.auctionlookoutdeervalley.com.

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Ocean City Luxury Condos for Auction

Published February 19th, 2010

The collapse of an Ocean City real-estate partnership has led to competing auctions for waterfront condominiums — and created an opportunity for real-estate bargain hunters.

On Saturday, February 27, Marshall Auctions will hold an auction of 11 luxury condo units and available boat slips, all of which are part of Bahia Vista, an upscale bayside development in Ocean City, Md. The auction will be held at the Grand Hotel in Ocean City at 1:00 p.m.

Because of a conflicting auction that will also offer Bahia Vista units, the Ocean City auction will offer buyers unusually attractive auction terms:

· no minimum price on at least four condos, some of which had listed for more than $800,000
· no buyer premium
· reduced deposit amount of only $10,000
· seller will pay broker participation of 2.5%
· guaranteed financing

Marshall Auctions will offer 11 condominiums owned by Spiro Buas, a partner in the development of Bahia Vista. Buas retained ownership of the units after the initial partnership dissolved.

Buas arranged a February 27 auction in Ocean City of his unsold units, but only after his former partners had begun to market a separate auction.

“The timing of this auction war was driven exclusively by my former partners,” Buas said. “The situation also pushed our team to develop favorable terms — like the removal of minimum prices on some units and the waived buyer premium — to make this auction more financially viable to buyers.”

Buas also noted that the February 27 auction in Ocean City offers both 3-bedroom and 4-bedroom units, including three models. All the 11 condos to be offered are furnished and include stunning water views, private balconies, gourmet kitchens and use of a pool and fitness center.

The public may tour the available units at open houses held Saturdays and Sundays, 12:00 – 2:00 p.m., until the February 27 auction date. An evening Preview Event is planned February 26, 4:00-7:00p.m., at the Bahia Vista. For more information, directions and auction terms, visit www.marshallauctions.com

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Auction of Beacon Hill Homes

Published February 6th, 2010

Great Rock Auctions, a leading premium real estate auction firm, today announced the March 3rd auction of two Beacon Hill new construction luxury properties.
“For the first time in Boston real estate history, buyers have the opportunity to bid their price on two spectacular Beacon Hill homes,” said Jeremy Freid, Principal of Great Rock Auctions. “Buyers will bid with confidence using the transparency of Great Rock’s process to purchase these two outstanding properties.”

Current conditions in the luxury home market have left many properties on the market for extended lengths of time. Both Beacon Hill property owners engaged Great Rock Auctions as an alternative means to accelerate the sales of their assets.

About the properties:

20 Brimmer Street: This renovated single family 1869 townhouse, known as the John Parkman House, is a 5 bedroom residence boasting over 5,700 square feet of living space. The property has all-level elevator access, custom kitchen, marble baths, paneled library, wine cellar, private roof deck, front and back gardens, smart house technology, green attributes and two car parking. Originally listed for $8,950,000 to be sold subject to a minimum bid of $4,975,000.

25 Lime Street: This new construction triplex home has 2 bedrooms, a study, home gym room, two and a half baths, large sunny chef’s kitchen, and a private garden. The master suite has a bay window, dressing room/closet and elegant master bath with soaking tub and shower. Originally listed for $2,449,000 to be sold subject to a minimum bid of $1,200,000.

Interested bidders can find information on these Beacon Hill auctions at www.greatrock.com.

About Great Rock Auctions

Great Rock Auctions is a premium real estate auction firm exclusively selling high quality real estate. Specializing in selling choice assets, Great Rock’s proprietary auction process is unmatched and consistently facilitates successful sales within an accelerated time frame. Headquartered in New England, Great Rock’s auction team is led by Principal Jeremy Freid and Principal Auctioneer Bruce Sayre, both of whom leverage their extensive experience from Chicago based, Sheldon Good & Company. Great Rock Auctions emerged from the separation of the 2009 entity Flynn/BRA. For more information visit: www.greatrock.com.

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Luxury Condominiums at Sabine on Fifth

Published February 4th, 2010

Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, will conduct an auction of 27 luxury condominiums at Sabine on Fifth, a beautifully designed, in-demand 10-story community set on Waller Creek in the heart of downtown Austin’s entertainment district. This highly anticipated grand reopening auction is truly of grand proportion and will take place at the Hilton Austin Downtown Hotel on February 28, 2010.

Ideally located on Waller Creek in the heart of Austin’s entertainment district are 10 stories of contemporary living among 27 beautifully designed condominium homes. Featuring one to two bedrooms and one to two baths in up to 1,467 sq. ft., each Sabine on Fifth residence also features such sought-after details as stainless steel appliances, rich maple, espresso and cappuccino cabinets, silestone countertops and sealed concrete flooring. As an added bonus, homeowners will be treated to a complimentary one-year membership to the Tower Health Club and Spa with their Sabine on Fifth purchase.

According to Rhett Winchell, president of Kennedy Wilson’s Auction Group, “Downtown Austin continues its revival and Sabine on Fifth puts residents right where the action is.” Continued Winchell, “There’s never been a better opportunity to live a luxury lifestyle at a bargain entry price – the Grand Reopening auction on February 28th is just what people have been waiting for.”

Founded in 1977, Kennedy Wilson is a real estate services and investment firm headquartered in Beverly Hills, CA, with 20 offices throughout the U.S. and Japan. It seeks opportunities in partnership with clients in pursuit of above-market investor returns and higher real estate values. Kennedy Wilson Auction Group has been a leading force in the auction industry since 1977. Since inception, the Kennedy Wilson Auction Group has conducted many successful auctions of condominiums and single-family homes throughout the United States, Europe and Asia. It conducts ballroom style, site-to-site, and on-line auctions for all types of real estate. Go to BidKW.com or www.kennedywilson.com for more information about upcoming auctions in Texas, Nevada, and California.

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Great American Group(R)* to Auction Former Assets of Humboldt Creamery

Published January 28th, 2010

Great American Group, Inc. (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, today announced it has, through its affiliate Great American Home Auctions, LLC, purchased the real property of the former Humboldt Creamery facility located in Los Angeles, California.

Great American Home Auctions, LLC will be selling the real property, which is comprised of approximately 75,000 square feet under one roof on a parcel of just over 3 acres, with M-2 zoning. The building is equipped for both cold and frozen storage and is currently vacant.

“The property would make for an excellent ‘owner-user’ opportunity for produce, fish, meat or other food processing and storage,” said Andy Gumaer, Chief Executive Officer of Great American Group, Inc.

As part of the purchase, Great American Group, Inc. acquired the machinery, equipment and other assets of the Humboldt Creamery and has scheduled an auction of these assets on Thursday, March 11, 2010 at 10:00 a.m. PST at 1474 North Indiana Street in Los Angeles. Items to be sold will be available for inspection on March 10, 2010 from 9:00 a.m. to 4:00 p.m. The sale will include ice cream production and processing lines, stainless steel conveyors, packaging equipment, freezers, stainless steel and bulk storage tanks, general plant and support equipment and much more! For detailed descriptions of all items, visit www.greatamerican.com or call 1-800-45GREAT.

“Great American Group is very excited to be selling the former assets of Humboldt Creamery. The auction will consist of a well maintained ice cream production facility that includes some very recently refurbished manufacturing lines and packaging equipment,” said Mark Weitz, President of the Wholesale & Industrial Division of Great American Group.

About Great American Group, Inc.

Great American Group, Inc. is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York and San Francisco.

About Great American Home Auctions, LLC

Great American Home Auctions, LLC is a joint venture between Great American Group, LLC and Kelly Capital, an experienced real estate investment firm. The combined experience of these two firms provide home auctions of foreclosed real estate and an internet based auction exchange for real estate loans and commercial real estate.

GAMR-G

*Great American Group and the Eagle Design are trademarks registered in the US Patent and Trademark Office and are exclusive property of Great American Group, Inc.

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Equestrian Estate Auction in Aiken, S.C.

Published January 28th, 2010

Grand Estates Auction Co., which specializes in auctioning premier, one-of-a-kind residential real estate, is auctioning “The Balcony,” a remarkable equestrian estate located in the heart of America’s most exclusive horse country in Aiken, S.C. The “absolute” auction, where there are no minimum bids and no reserves, will be held at 2 p.m. on Tuesday, Feb. 9, at the historic horse-lover’s residence.

Founded in 1999, Grand Estates Auction Co. has successfully auctioned hundreds of luxury homes, in the $1.5 million to $10 million range, throughout the United States and Caribbean. In today’s real estate market, Grand Estates’ absolute auctions have proven highly successful in selling multi-million-dollar properties ? which often have languished on the market ? quickly allowing the seller to forgo excess carrying costs normally associated with owning a property.

For example, an estate in the exclusive Shimo section of Nantucket didn’t sell using traditional methods for more than a year until July 2009. Within minutes, Grand Estates sold the home at absolute auction for $5.2 million. The estate, featured on the front page of The New York Times, drew hundreds of inquiries and 23 registered bidders from across the country. In December 2009, “La Maison Des Fontaines,” one of the most acclaimed homes in the Dallas-Ft. Worth area, was sold at absolute auction after more than 200 inquiries of the property, selling to a bidder for $2.23 million. The buyer, an avid Dallas sports fan, was thrilled to now own a home minutes from the new Cowboys Stadium after flying in every weekend to attend all professional and college games.

“The benefit of an absolute auction is that bidders determine the true market value, which is the ideal way to sell and buy high-end residential real estate in today’s market conditions,” said Stacy Kirk, president of Grand Estates, with offices in Atlanta, Charlotte, Naples and Vail, Colo. “Bidders know the seller is committed to sell and have an opportunity to thoroughly examine the property prior to auction. Sellers avoid the hassles of unscheduled showings and cut onerous carrying costs. We complete the leg work for the sellers by aggressively marketing the properties to highly qualified bidders and then quickly close the sale. In short, buyers come prepared to buy and the seller knows exactly when the property will sell.”

“The Balcony” in Aiken, S.C., is a period home, complemented by modern features. This five-bedroom home features side-by-side kitchens, a guest house and wine cellar. With five-plus acres of mature gardens and grounds, this estate is ideal for indoor and outdoor entertaining with a pool, tennis court, multiple fireplaces and home gym. Hardwood floors, 10-foot ceilings and floor-to-ceiling windows are showcased throughout the home. The estate is a horse-lover’s dream, complete with a 20-stall barn with multiple tack rooms, feed room, tool room, hay loft, sand riding arena and more.

Known as the “Winter Colony,” Aiken has been a second home to northerners, including the Woolworth, Vanderbilt and Aston families, since the 1800s. Located 16 miles from Augusta, Ga., Aiken offers mild temperatures and all of the amenities to the equestrian lifestyle, including perfect clay soil for riding. Take your horse to Hitchcock Woods and ride the 2,000-acre preserve, complete with jumps and trails. Aiken stays true to its southern historic roots, but adds a contemporary flair.

The auction is open only to registered bidders, who are required to submit a refundable $50,000 cashier’s or certified check prior to the auction.

Prospective bidders should contact Grand Estates Auction Co. at 800 552-8120 or 704 529-0026 for bid registration requirements and to inquire about the showing schedule before the auctions. For more information, see www.GrandEstatesAuction.com

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