• NAI Global Forms Alliance with
    NRC Realty & Capital Advisors for
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    NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, has formed an alliance with NRC Realty & Capital Advisors, LLC. NRC will work with NAI Global brokers across the U.S. in disposing of single commercial properties and real estate asset portfolios.

    NRC will become a strategic partner in the Commercial Property PowerSale™, adding to the program’s live auction and loan portfolio sales capabilities.

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  • NRC Realty Advisors changes name to
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    To highlight its growth in financial advisory services since 2004, NRC Realty Advisors, LLC, a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sales, has changed its name to NRC Realty & Capital Advisors, LLC.

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  • NRC Sells Rising Tide Auctions
    to Lender Processing Services, Inc.

    NOVEMBER 23, 2009, CHICAGO – NRC Realty & Capital Advisors, LLC (NRC) announced that, along with its partners, it has sold Rising Tide National Auction & REO Solutions, LLC (d/b/a Rising Tide Auctions), to Jacksonville, Fla.-based Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries.

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  • NRC to Coordinate Nationwide Sale of
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    CHICAGO, IL, September 17, 2008 -- More than 60 former Bennigan's Grill and Tavern and Steak & Ale properties located throughout the United States in prime, heavily trafficked locations will be sold next month in a sealed bid sale coordinated by NRC Realty & Capital Advisors, LLC. The bid deadline for the sealed bid sale is October 28, 2008.

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  • NRC Mart Opens ‘Doors’

    From the CSP Daily News

    CHICAGO -- NRC Realty & Capital Advisors LLC (NRC) has rolled out NRC Mart, a service for sellers of single or multiple convenience stores that capitalizes on NRC's extensive credentials in the sale of large portfolios. NRC Mart launched yesterday with an initial listing of approximately 20 c-stores with gasoline in Southern California, Arizona and Connecticut valued at $40 million, but is expected to have additional stores for sale in Chicago, Atlanta and other cities in the near future.

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NRC   »  About Us   »  News   »  Press Releases   »  38 Michigan Home Sites in Swartz Creek and Farmington Hills Areas Available Through Online Auction

Press Releases

Tuesday, August 18, 2009

38 Michigan Home Sites in Swartz Creek and Farmington Hills Areas Available Through Online Auction

AUGUST 18, 2009, CHICAGO ? Thirty-eight home sites in southeast Michigan have become available for purchase through an online auction being conducted by NRC Realty & Capital Advisors (NRC). The Chicago-headquartered firm is a leading organizer of such sales on behalf of developers, lenders, and companies disposing of multiple properties in all parts of the United States.

Titled Michigan Fall Auction, this sale is being held in conjunction with Windham Realty Group, Inc. The offering uses NRC?s "Bid Now" process so that buyers can purchase multiple sites or a single site online in advance of the live auction. Further information is available at www.nrc.com/912.

Thirty-one of the sites are located at Cole Creek Estates in Swartz Creek, west of Flint. Ranging in size from 6,600 to 11,100 square feet, the home sites are part of a community of homes close to the city named for a small creek running through the area and located close to the interstate for quick access to nearby Flint. Auction day minimum bid prices on the home sites start at $3,000.

The remaining seven home sites are located at The Sanctuary in Farmington Hills, one of southeastern Michigan?s most affluent suburban communities. Lot sizes in The Sanctuary range from 18,000 to 27,000 square feet with an auction day minimum bid of $25,000 per site. Financing is available for completion of purchases in both communities, although just for a bulk purchase in Cole Creek Estates.

Together with Windham Realty Group, NRC conducted a successful auction for properties across Michigan during early summer, 2009. Sellers and buyers who completed transactions found mutual advantage, with investors and single property buyers obtaining real estate at favorable prices and sellers benefiting from real bids at attractive levels.

The "Bid Now" feature allows purchasers and sellers to complete their transactions in a quick and advantageous way. In order to participate, buyers and sellers must follow procedures which can be found in detail at http://www.nrc.com/912. There, choose "Properties for Sale" and then choose "How-to-Bid."

"We felt that these properties presented such a wonderful opportunity that we wanted to make them available immediately with a live auction date still to be determined," said Laurie Tarver of the NRC-Windham Realty Group partnership.NRC Realty & Capital Advisors, LLC is a 20-year-old Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sale. NRC?s clients include lenders, developers, governmental institutions and high net worth investors.