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Articles Archive for January 2010

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PUBLISHED 28 January 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 …

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PUBLISHED 28 January 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 …

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PUBLISHED 24 January 2010

Concierge Auctions (www.conciergeauctions.com), the leading luxury real estate auction company, today announced the sale of Cher’s home in the exclusive Hualalai Resort in Hawaii to a buyer from Arizona for $8.72 million. The January 18 auction included the successful sale of five properties in Kona, Hawaii, for a total of more than $19.4 million.
In addition to Cher’s home, a property at 72-3209 Ka Nehe Place in the Kuki’o Golf and Beach Club and Residences selling absolute was purchased by a buyer from Beverly Hills for $4.95 million. A second home …

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PUBLISHED 23 January 2010

Inglewood’s Fox Theatre, a historic art deco/moderne landmark that served as a main site for Hollywood premieres in the 1950s, will be sold via a sealed bid auction on February 5. The property will sell to the highest bidder above $200,000. Sperry Van Ness Accelerated Marketing Co. Inc. is conducting the auction of this well-known piece of Hollywood’s past.
“This is a fantastic opportunity to redevelop a grand theatre from days gone by and at a fraction of the value,” says David Gilmore, Managing Director of Sperry Van Ness Accelerated Marketing.
The …

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PUBLISHED 18 January 2010

A six-bedroom home on Lake George in Queensbury, New York sold for $1.518 million at a real estate auction on December 5, announced Stuart Mattison, Director of Operations, Concierge Auctions.
The property at 34 Pulver Road, offered by luxury real estate auction company Concierge Auctions (www.conciergeauctions.com), in cooperation with Select Sotheby’s International Realty (www.selectsothebysrealty.com), closed in just over two weeks. The auction outreach efforts attracted website visitors from 16 countries and 33 states, resulting in 57 interested buyer prospects and six registered bidders.
The stunning retreat, with magnificent Lake George views and …

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PUBLISHED 17 January 2010

Randy Kincaid Auction Company (www.kincaid.com) announces the absolute auction of a 6,500 square foot luxury home in Orlando, according to auctioneer Randy Kincaid.
The auction is set for Thursday, January 21 at 1pm, with on-site bidding at 5750 Emerington Crescent, Orlando, Fla. Online bidding will be available through Proxibid.com/kincaid.
“The house is already framed and dried in. It was foreclosed by the secured parties after the builder bankrupted,” explained Kincaid. “It can be finished the way the lucky winning bidder chooses.”
He added, “This home has many extras, including a wine cellar, …

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PUBLISHED 13 January 2010

Bid4Assets, Inc., (www.bid4assets.com), an online real estate auction company, announced today that it will host an auction for a federally forfeited commercial property in Dallas, Texas as part of an Order of Interlocutory Sale. The property is currently in preview on the Bid4Assets Web site at www.bid4assets.com/firewater. Online bidding begins January 25 – 27, 2010.
The property will be available for on-site inspection on Wednesday, January 20, between the hours of 10:00 AM and 3:00 PM CT. Prospective bidders wishing to inspect this property must send their request to inspections(at)bid4assets(dot)com. Buyer’s …

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PUBLISHED 9 January 2010

Casa Vista del Cielo is a 5,500-square-foot custom-built hacienda is perched just under the stars on a high plateau above Nogales, AZ. Situated on 40 rolling acres of ranching property, the house offers 360-degree unobstructed views of the high Sonoran Desert and easy access to the art communities in Santa Cruz County and to neighboring wine country.
Even the four bedrooms and four baths, including two master suites, offer picturesque views through strategically placed windows in each room.
When the property goes to auction on Jan. 28, its new owners will take …

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PUBLISHED 2 January 2010

Kobra Properties (“Kobra”), a California General Partnership et al., Bankruptcy Case Number 08-37271-C-11 in the United States Bankruptcy Court for the Eastern District of California, Sacramento Division, has pending a court order approving the sale of certain assets free and clear of liens, claims and encumbrances and authorizing the assumption and assignment of executory contracts. At a hearing held on December 9, 2009, the Bankruptcy Court granted the motion of the Chapter 11 Trustee (“Trustee”) to approve detailed sale procedures with respect to the sale of real property pursuant to …

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PUBLISHED 1 January 2010

Guernsey’s (http://www.guernseys.com/), the three-decade-old auction house, has retained Rubenstein Public Relations to represent its landmark auction on behalf of Tavern on the Green, announced Richard Rubenstein, president of Rubenstein Public Relations (http://www.rubensteinpr.com). The agency is generating publicity for an extensive auction of nostalgic, one-of-a-kind pieces from the famed New York City restaurant, as it prepares to permanently shut its doors with its final seating on New Year’s Eve.
Arlan Ettinger, founder and president of Guernsey’s, said: “Although we are saddened that the era of the late Tavern on the Green owner …