Sperry Van Ness/Guardian Achieves Success at Marketmaker West Coast Auction

LOS ANGELES, CA, Aug. 6, 2009 – Los Angeles-based Sperry Van Ness/Guardian and MarketMaker™, achieved success at the MarketMaker™ West Coast Auction held at the Hyatt Regency in Century City on July 30 – selling 11 of 24 properties. Most of the properties sold were bank-owned properties.

Sold properties include the following:

· Victorville, CA: 115 finished lots
· Rancho Cucamonga, CA: 20 acre single family lot development site
· Sacramento, CA: 3 story partially built condominium project sold as apartments

. Granite Falls, WA: 67 acre site of single family lots
· Everett, WA: 65 finished lots on 11.4 acres
· Renton, WA: 9 single family lots
· Boise, ID: 3.25 acres of land
· Donnelly, ID: 48 unit multifamily community

“Our goal for this auction was to clear our client’s REO inventory and we achieved that,” said Tom Brenneke,(top right photo) president of Guardian Real Estate Services.

“Immediately following this successful auction, we were approached by our banking clients with approval to sell additional properties at our upcoming Northwest Auction.”

With the success of the West Coast Auction, Sperry Van Ness/Guardian is aggressively analyzing potential new properties for the MarketMaker™ Northwest Commercial Real Estate Auction scheduled for September 30. Additional property listings are being welcomed before August 30, subject to stringent pre-qualification criteria.

Auction information can be found at http://www.themarketmaker.com/

Contact: David Ebeling, Ebeling Communications, (949) 278-7851, mailto:7david@ebelingcomm.com-