held in February 2020, before the Covid-19
lockdowns, with over 500 people in
102 sites (98 homes and 4 lots) for
the Beaumont Housing Authority (BHA) in a
live auction event, $6 million in gross
100% of properties sold and closed.
Properties bought by users and
investors, providing private sector
workforce housing for the Beaumont region.
12 auction events held
between 2012 and 2020-time frame, on behalf
of the New Orleans Redevelopment Authority
Held six live auction events and more
recently six on-line only auction events.
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
Properties were impacted by
Hurricanes Katrina & Rita in 2005 and there
are still thousands remaining to be sold.
event held on behalf of the Houston Housing
Authority (HHA), 175 property portfolio of
171 homes and 4 lots.
Over 500 people attended and achieved
gross sales in excess of $8 million.
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 San Antonio.
Sold on behalf of receiver for
properties offered, many impacted by
flooding during Hurricane Harvey.
All properties received offers and
Participation in several Texas and multiple
state auctions in conjunction with Schrader
Auctions, offered under Multi-Par auction
500 acres–45,000 acres in respective
auction programs all sites sold and closed,
generating in excess of $75 million.
of units offered in multiple states,
combined sales in excess $50 million.
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 auction.
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)