Auction held in February 2020, before
the Covid-19 lockdowns, with over 500
people in attendance.
102 sites (98 homes and 4 lots)
for the Beaumont Housing Authority (BHA)
in a live auction event, $6 million in
100% of properties sold and
Properties bought by users and
investors, providing private sector
workforce housing for the Beaumont
12 auction events
held between 2012 and 2020-time frame,
on behalf of the New Orleans
Redevelopment Authority (NORA).
Held six live auction events and
more recently six on-line only auction
Over 1,700 sites have been sold,
generating in excess of $60 million of
proceeds to the New Orleans community.
These auctioned sites are being
placed back into the private sector,
with the goal of diminishing blight
throughout the community.
Properties were impacted by
Hurricanes Katrina & Rita in 2005 and
there are still thousands remaining to
auction event held on behalf of the
Houston Housing Authority (HHA), 175
property portfolio of 171 homes and 4
Over 500 people attended and
achieved gross sales in excess of $8
Properties purchased by
individuals, Non-Profits, and investors.
property live auction event, mostly
vacant lots, and a couple of large
development site in Stone Oak area of NW
Sold on behalf of receiver for
properties offered, many impacted by
flooding during Hurricane Harvey.
All properties received offers
and 50% sold.
Participation in several Texas and
multiple state auctions in conjunction
with Schrader Auctions, offered under
Multi-Par auction formats.
500 acres–45,000 acres in
respective auction programs all sites
sold and closed, generating in excess of
Hundreds of units offered in multiple
states, combined sales in excess $50
C-Stores offered in multiple states in a
Sealed Bid offering, 50% of units sold
during auction program and remaining
balance sold to single bulk buyer post
communities offered over three-year
period in 15 states, 59 sold and closed,
over $200 million in sales with average
cap rate 6.5.
Paul A. Lynn &
Real Estate and Personal
Disposition Strategies - Solutions
Paul A. Lynn, CCIM - Principal
406 Coachman – Houston, TX 77024-6401
Auction Line: 832.598.8BID (8243)