Product specialty: Accelerated marketing which includes open outcry auctions, dual bid events (sealed bid + auction), online auctions and sealed bids. Geographic market: Much of my auction business takes place in our home state of Louisiana, however, in the last 18 months my team has handled auctions in Arkansas, Louisiana, Mississippi, Alabama, Florida, Iowa, Nebraska, Michigan, California and Washington.
Salisbury, MD (PRWEB) March 04, 2013
Sperry Van Ness offers at Bankruptcy Auction-Avalon Plaza Shopping Center…”SELLING TO THE HIGHEST BIDDER…”Avalon Plaza, LLC”
Salisbury, MD (February 27, 2013)-The United States Bankruptcy Court for the District of Maryland has approved the sale of Avalon Plaza, LLC at auction on Tuesday March 26th at 10:30 AM local time. The property is located in Wicomico County on Maryland’s eastern shore. Avalon Plaza is an operating center in the thriving retail district of Salisbury.
Avalon Plaza consists of three contiguous buildings on a 4.17+/- acre site and features existing tenants such as Outback Steakhouse, Chico’s, Talbots and Supercuts.
AuctionPoint2013 Submission Period Set
By Carrie Rossenfeld | Los Angeles
LOS ANGELES-GlobeSt.com has learned exclusively that commercial brokers across the country will be
joining together to auction hundreds of properties and notes at a single online auction event
titled AuctionPoint2013. Members of the event committee have been chosen and the asset-submission
period has been opened, set to run until February 28th.
Johnson for Property Line’s PL Member Spotlight:
What lured you into commercial real estate to begin with?
One of my consulting clients made me an “offer I couldn’t refuse” to quote Don Corelone. He hired me to be president of his company: development, management, and commercial brokerage. And my first assignment was to set up a new real estate auction subsidiary.
Spotlight On: David E. Gilmore, CCIM, CAI, AARE – Sperry Van Ness/Gilmore Auction & Realty Company
February 22nd, 2012 by Ori Klein
Spotlight on . . .David E. Gilmore
This month we’re putting our Spotlight on David E. Gilmore, national auctioneer, managing director and Chief Operations Officer for Sperry Van Ness Accelerated Marketing Company/Gilmore Auction & Realty Company. With over 25 years of experience in the industry, David’s background covers all facets of real estate. We recently spoke to David on several topics including the current market, bank-owned properties, and online auctions.
Commercial real-estate distress shows few signs of abating and continues to push U.S. banks to—or past—the brink of collapse.
Troubled commercial real-estate loans accounted for more than 65% of problem loans among the 11 banks that failed in October. While the number of failures was up month over month in October, the percentage of troubled commercial real-estate loans was lower, as the six banks that failed in September saw an 82% percentage of commercial loans among all problem loans.