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Past Sales Events

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.

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