RealtyBid, Marcus & Millichap Launch CRE Auction Site

e auction company RealtyBid has partnered with the Marcus & Millichap Special Assets Group (MMSAG) to develop, a bidding site for commercial real estate assets. The new website officially launched July 1 with a bidding event offering commercial property and commercial loans valued at more than $60 million from MMSAG. ‘RealtyBid has been watching the commercial market for the past two years and evaluating the timing of rolling out a commercial auction strategy," explains CEO and President Tony Isbell. The new online auction brand can help accelerate the marketing process for lenders and private sellers, adds Jacob Steele, director of MMSAG. SOURCES: [link=]RealtyBid[/link], [link=]MMSAG


Please enter your comment!
Please enter your name here