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-

Sperry Van Ness/Guardian Announces Marketmaker Real Estate Auction for the Northwest on Sept. 30

Los Angeles, CA July 23, 2009 – Los Angeles-based Sperry Van Ness/Guardian and MarketMaker™, have announced a regional commercial property auction for the Northwest to be held September 30.

This announcement resulted from a surge in potential listings from investors and banks just weeks after they jointly launched the MarketMaker West Coast Auction being held in Los Angeles on July 30.

To accelerate sales and create transparency for buyers and sellers of commercial and bulk residential properties, Sperry Van Ness/Guardian has partnered with MarketMaker™, a new distressed real estate liquidation platform. Auction information can be found at http://www.svnnmarketmaker.com/.

“In the three weeks since announcing the Los Angeles auction we have already sold and closed five of our listed properties with several more sales pending,” said Karlin Conklin, (top right photo) Chief Operating Officer of Sperry Van Ness/Guardian.

“We’ve also been flooded with new auction listings from motivated sellers, while buyer interest has been growing exponentially with our website receiving thousands of hits per day. The Northwest demand from sellers was so strong we decided to schedule an auction specifically for that area.”


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

Sperry Van Ness/Guardian Launches Marketmaker Western Regional Commercial Real Estate Auction July 30 in Los Angeles

LOS ANGELES, CA– Sperry Van Ness/Guardian has announced the MarketMaker Western Regional Commercial Property Auction to be held July 30 at 2 p.m. at the Hyatt Regency Century Plaza in Los Angeles.

To accelerate sales for the region’s most motivated sellers of commercial properties, the company launched MarketMaker a new distressed real estate liquidation platform.

With more than 50 years of combined auction experience, Sperry Van Ness has sold more than 20,000 properties located across 46 states as well as Mexico, Puerto Rico and the Virgin Islands. Auction information can be found at http://www.svnmarketmaker.com/.

A summary of the participating property listings include:

· Dozens of individual commercial properties located in six western states
· In excess of $100 million in assets are aggregated (and growing).
· Properties are REO, bank ordered sale or developer close outs.
· Auction inventory is pre-qualified as “motivated sellers” only.
· Properties will be sold at up to 90 percent off the original loan balance.
· Each listing will have a qualified, local Sperry Van Ness listing advisor to improve due diligence efficiency.

Property listings are welcomed before June 30, subject to our pre-qualification criteria. The brokerage community is encouraged to participate in the auction as the site provides SHARElink, a proprietary website tool that allows agents to securely register clients and collect a cooperative fee. This on-line protection feature is unique to MarketMaker and is a first in the auction industry.

“Our team has spent the last several months filtering through hundreds of properties to identify the most sellable assets for this auction,” said Karlin Conklin, Chief Operating Officer of Sperry Van Ness/Guardian.

“With our solution, prospective investors will work directly with a local Sperry Van Ness advisor who has both property and market knowledge - ensuring a smooth due diligence process and timely closing. But ultimately, investors decide the value and the final price of this inventory.”

“Our site will serve as a distressed property marketplace. Real estate professionals and investors will have direct access to our auction and REO listings. MarketMaker will also serve as a secure platform for handling note sales for our

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