NORTHBROOK, Ill., Aug. 14,
2024 /PRNewswire/ -- AW Properties Global and
its auction division, AuctionWorks, announce the upcoming UCC
foreclosure sales of 100% stock interests in LLCs holding title to
four residential properties located in desirable Massachusetts communities. The auctions will
take place on September 13, 2024,
starting at 11:00 AM CST, with each
property up for auction every 15 minutes.
Upcoming UCC foreclosure sales of 100%
stock interests in LLCs holding title to residential properties in
Massachusetts.
These UCC auctions involve the sale of the 100% stock interests
of the limited liability companies holding title to the real
properties, not the properties themselves. Consequently, no
showings of the properties will be conducted.
CEO Diana Peterson elaborates,
"These UCC sales are structured to facilitate seamless
transactions, offering a rare opportunity for buyers to acquire
100% membership interests in LLCs holding prime real estate in
Massachusetts. Unlike typical
foreclosure auctions, UCC foreclosure sales are designed to help
borrowers avoid personal guaranty liability, often referred to as
'friendly foreclosures.' This process not only benefits the
borrowers but also provides significant value to our capital
clients and the end purchasers. At AW Properties Global we
take great pride in our ability to expertly market and conduct UCC
sales across the country."
Auction Details:
315 Lake St, Arlington, MA
02474
100% Stock Interest in 315LAKE LLC.
Credit Bid: $25,000
Sale Date/Time: September 13, 2024,
at 11:00 AM CST, remotely via
Zoom.
This tenant-occupied property features 3 bedrooms and 2.1 baths in
a colonial-style home built in 1932, currently appraised at
$1.5M+.
81-83 Commonwealth, Watertown,
MA 02472
100% Stock Interest in COMMONWEALTH81
LLC.
Credit Bid: $25,000
Sale Date/Time: September 13, 2024,
at 11:15 AM CST, remotely via
Zoom.
This 2-unit property offers 7 bedrooms and 2.5 baths, located on a
desirable street.
149 Russell Street,
Carlisle, MA 01741
100%
Stock Interest in MADSKYE LLC.
Credit Bid: $25,000
Sale Date/Time: September 13, 2024,
at 11:30 AM CST, remotely via
Zoom.
This property features 5 bedrooms and 5.1 baths, situated on over
11 acres of land offering an opportunity to complete renovations on
over 7,000 sq ft of space.
9 Windemere Road, Unit #10, West
Yarmouth, MA 02673
100% Stock Interest in
WINDEMERE2024 LLC.
Credit Bid: $25,000
Sale Date/Time: September 13, 2024,
at 11:45 AM CST, remotely via
Zoom.
This Nantucket-style seasonal waterfront complex features 2
bedrooms and 1.5 baths, located near Colonial Acres Beach.
Interested parties intending to bid must contact the Secured
Party's legal department to receive the Terms of Sale and bidding
instructions. Please direct inquiries to Anna R. Davis, Esq., at Morris, Manning &
Martin, LLP, 3343 Peachtree Road, NE, Atlanta, Georgia 30326 (404.364.7475),
ardavis@mmmlaw.com. Additional documentation and information will
be available upon execution of a standard confidentiality and
non-disclosure agreement.
For more information about the properties, bidding instructions,
terms of sale, and secured party's counsel, visit
auctions.awproperties.com .
About AW Properties Global
AW Properties Global and
AuctionWorks, its auction division and online marketplace, are
headquartered in Northbrook, IL.
The AW Properties Global team is a sophisticated and dynamic group
of seasoned brokerage and auction professionals including
attorneys, MBAs, and CPAs who consult with their clients to help
them reduce costs and maximize value across a portfolio or on an
individual asset basis. Committed to client satisfaction and
excellence in real estate consulting, investment sales, brokerage,
and auctions, the AW Properties Global team seamlessly merges local
market expertise with extensive global reach. The AW Properties
Global team provides premier commercial and residential real estate
consulting, brokerage, and auction services across all regions,
complemented by equipment liquidation services, sales of going
concern businesses, and lease restructuring services. Specializing
in dispositions of real estate and real estate with a business
and/or equipment, the AW Properties Global platform includes
investment sales, accelerated sales, online auction sales, sealed
bid sales, bulk/portfolio sales, sale leasebacks, UCC foreclosure
sales, and bankruptcy/363 sales. For more information, visit
awproperties.com
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SOURCE AW Properties Global and AuctionWorks