Past Sales Events
Bargain Sealed Bid Sale II
A sealed bid sale comprised of 26 single family residences, land parcels and a commercial property was successfully conducted in the months of May and June 2011. The properties were located throughout the United States and the sale consisted of 3 pools and 3 individual properties. The sale concluded June 3, 2011.
Michigan Sealed Bid Sale IV
A sealed bid sale comprised of 26 single family residences, land parcels and a commercial property was successfully conducted in the months of May and June 2011. The properties were located throughout the United States and the sale consisted of 3 pools and 3 individual properties. The sale concluded June 3, 2011.
Land Sale Event
A sealed bid sale comprised of 38 land parcels located throughout the United States was successfully conducted in the months of April and May 2011. The parcels were offered for individual purchase and the sale was concluded May 19, 2011.
FDIC Washington Auction
In association with Kennedy Wilson auctioneers, Prescient Asset Management conducted an auction of over 100 FDIC owned single family residences, land parcels and partially completed condo developments throughout Washington State.
FDIC Michigan Sealed Bid Sale
A sealed bid sale comprised of 23 single family residences located throughout the state of Michigan was successfully conducted in the month of March 2011. The sale consisted of 2 pools and 1 individual property that concluded April 1, 2011.
FDIC Bank Branch Auction, December 2010
In association with Kennedy Wilson auctioneers, Prescient Asset Management conducted an auction of FDIC bank branches located nationwide. The sale was a success and garnered the attention of national media outlets such as The Wall Street Journal.
FDIC Puerto Rico Auction, December 2010
In association with auctioneer Hudson & Marshall , Prescient Asset Management conducted the auction and successful disposition of 39 single family, multifamily residences and land parcels in Puerto Rico. Participants in the auction included both investment firms and individuals.
FDIC Bargain Sealed Bid Sale, November 2010
A sealed bid sale comprised of 24 bargain properties located in Alabama, Arizona, Florida, Georgia, Michigan, North Carolina, Pennsylvania, and Washington was successfully conducted last November. The sale received a lot of interest and offers.
FDIC Barnes Bank Sealed Bid Sale
We had another successful Special Event. The FDIC Barnes Bank Sealed Bid Sale ended on July 9th, 2010. The sale was composed of 39 Single Family Residences and land parcels in the state of Utah for individual sale. The sealed bid sale received considerable exposure on the Wall Street Journal, Loopnet.com, and Salt Lake City Tribune amongst others. The anticipated sale was very successful, and received numerous bids from various investment firms.
FDIC Michigan Sealed Bid Sale II
On June 18, 2010, Prescient conducted the FDIC Michigan Sealed Bid Sale 2, where 10 properties were sold in 2 pools located throughout the state of Michigan. The sale received considerable exposure in the Wall Street Journal, Detroit Free Press and the Wayne Eagle. Several bids were received for each pool.
FDIC Barnes Bank Branch Sealed Bid Sale
The FDIC Barnes Bank Branch Sealed Bid Sale ended on June 11th, 2010. The sale was composed of 9 bank branches offered individually through the state of Utah. The FDIC Barnes Bank Branch Sealed Bid Sale Auction received considerable exposure on the Wall Street Journal, Loopnet.com, and Salt Lake City Tribune amongst others. The anticipated sale was very successful, and received numerous bids from various investment firms.
FDIC Georgia Sealed Bid Sale
The FDIC Georgia Sealed Bid Sale ended on June 4th, 2010. The sale was composed of 9 single family residences and land parcels stratified in 3 pools. The FDIC Georgia Auction received considerable exposure on the Wall Street Journal, Loopnet.com, and Atlanta Journal Constitution. The sale was very successful, and received a numbers of bids from various investment firms.
FDIC Florida Sealed Bid Sale
The FDIC Florida Sealed Bid Sale ended on May 28, 2010 and was composed of 12 single family residences and land parcels stratified in 3 pools. The sale received significant coverage in The Miami Herald, Loopnet.com, St. Petersburg Times and the Orlando Sentinel. The sale was very successful, receiving a number of bids from various investment firms.
FDIC West Virginia Sealed Bid Sale
The FDIC West Virginia Sealed Bid Sale ended on May 21, 2010 and was composed of a commercial office building located at 70 McDowell Street in Welch, McDowell County, West Virginia. The sale was highly successful as numerous bids were received from various investment firms. In addition, the FDIC West Virginia Sealed Bid Sale received nationwide exposure and was advertised in numerous publications, such as Loopnet.com, The Register Herald, and The Blue Daily Telegraph.
FDIC Land Sealed Bid Sale
The FDIC Land Sealed Bid Sale ended on April 23, 2010 and was composed of 61 properties stratified into 5 pools as well as 44 assets for individual sale. The sale was highly successful as numerous bids were received from various investment firms. In addition, the FDIC Land Sealed Bid Sale received nationwide exposure and was advertised in numerous publications, such as Loopnet.com, Wall Street Journal, Detroit Free Press, Atlanta Journal Constitution, Bloomberg.com, and the USA Today, among others.
FDIC North Carolina Sealed Bid Sale
The FDIC North Carolina Sealed Bid Sale ended on April 9, 2010 and was composed of 6 properties stratified in 2 pools. These assets were located in Mecklenburg, Cumberland and Robeson Counties. The sale was very successful, receiving a number of bids from various investment firms. In addition, the FDIC North Carolina Sealed Bid Sale wide exposure by advertisements on the South Atlantic Wall Street Journal, the Charlotte Observer, and Loopnet.com.
FDIC Michigan Sealed Bid Sale
On March 5, 2010, Prescient conducted the FDIC Michigan Sealed Bid Sale, where over 18 properties were sold in 3 pools. The sale received considerable exposure in the Wall Street Journal, Detroit Free Press and the Wayne Eagle. Several bids were received for each pool.
FDIC North Georgia Auction
On October 27th and 28th, 2009, Prescient conducted the FDIC North Georgia Auction, where over 180 were successfully sold. The live auction was held in Atlanta, GA and was hosted by J.P. King Auction Company. Assets included single-family residences, multi-family residences, land, office condos and commercial properties. The FDIC North Georgia Auction received considerable exposure with over 170 registered bidders and extensive advertising.
FDIC Omni Sealed Bid Sale
On August 31st, 2009, Prescient conducted the FDIC Omni Sealed Bid Sale. Over 590 single-family residences stratified into 7 pools were successfully closed and funded. The sale received considerable exposure with over 200 registered bidders. The FDIC Omni Sealed Bid Sale was advertised in several media outlets, including the Wall Street Journal, Chicago Tribune, Atlanta Journal Constitution, St. Petersburg Times, and the Financial Times.