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Archive for the 'auctions' category


Longwood Towers to be auctioned

Kimberly Blanton comes out of hibernation long enough to post an article today, with news that the long, lamented Longwood Towers project is going to auction.
Source: Lender to auction Brookline project: Longwood Towers hit by housing fall - By Kimberly Blanton, The Boston Globe

The Longwood Towers complex in Brookline is being seized by its mortgage [...]



Auction scheduled for Saturday, March 29 at Hynes Auditorium

There will be another round of auctions, this Saturday, held at the Hynes Auditorium, in Boston’s Back Bay.
According to Banker & Tradesman, more than 160 foreclosed homes, condo and multifamily properties are scheduled to be auctioned.
This month’s auction includes 19 properties in Brockton, 10 in Lawrence, 10 in Worcester, seven in Lowell and seven in [...]



Atlantica condos to go up for auction (some)

According to yesterday’s Globe:
Long views, short money - By Kimberly Blanton, The Boston Globe
Twenty condominiums in the Atlantica, a newly constructed project on Revere Beach, will go on the auction block March 9. The minimum required bids, $215,000 to $315,000, are relative bargains for one- and two-bedroom units on the water. Most either face the [...]



Ferncroft auction successful; developer sells 52 units

From the Boston Business Journal:
A December auction of 52 luxury condominiums yielded $15.6 million for the owners of the 204-unit Ironwood on the Green at Ferncroft.
The auction for the condo project, located in Middleton, Mass., was held on Dec. 16th. In addition to the 52 sold at auction, another six units are scheduled to close [...]



Breaking news: second auction planned by company

Banker & Tradesman is reporting the following on their website:
The California-based firm that auctioned off more than 300 foreclosed properties in Boston two months ago is planning another auction in March.
As previously announced, up to a third of the properties auctioned in November were within eight communities: Lawrence, Lowell, Springfield, Worcester, Lynn, New Bedford, Brockton, [...]




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