Tag Archives: Archetype Advisors

Auction.com is in the midst of a three-day online auction of Texas commercial real estate properties and nonperforming notes. The company says in total, the assets up for sale are valued at more than $300 million, making it the largest conglomerate of commercial real estate assets to be auctioned online in Texas history. Barclays Capital matched the list of assets to be sold to its database of commercial mortgage-backed securities (CMBS). The firm pegs CMBS exposure to the Texas auction at about $262.5 million.

Auction.com and loan sale advisor Archetype Advisors will auction $1 billion of Nevada commercial REO properties and non-performing notes May 17-19 in Las Vegas. It is the largest commercial real estate (CRE) and note auction of its kind in U.S. history, according to a statement from Auction.com says the unprecedented volume of distressed real estate to be featured represents the bottom of the market for Nevada, and in particular, Las Vegas.