• NAI Global Forms Alliance with
    NRC Realty & Capital Advisors for
    Online Sealed-Bid Auctions

    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
    NRC Realty & Capital Advisors

    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
    More than 60 Former Bennigan's, Steak & Ale Properties

    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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Testimonials

Our proven track record has earned us a loyal client following among globally-recognized market leaders, secured creditors, trustees, and receivers.

Below are a few recounts of their NRC experiences:

New West Petroleum
Gil Moore
President

Your sealed bid sale approach successfully sold 34 San Diego area stores in 120 days to 12 separate bidders for market value. Plus, the NRC closing department closed the sites quickly, and this in the most difficult financing market in my memory!

NRC impressed us with its industry operational, environmental and real estate knowledge.
 
Sunoco logo

Sunoco
Blake Heineman
Vice President
Thank you for an extraordinary job assisting Sunoco over the past year in the sale of branded and closed locations.

Your understanding of environmental and PMPA issues and your ability to rapidly assemble large amounts of detailed due diligence information about each site has been key to that success.

Your work helped us achieve our strategic objectives, and we were able to meet and/or exceed our price expectations through the competitive bidding process.
 
Atlas Partners logo

Atlas Partners
Roger F. Ruttenberg
President
From the moment that I was asked by the turnaround consultant to help with an auction disposition of the three industrial and office surplus properties, you were the perfect partner and consummate professional. Every detail was addressed; every need attended to so that the entire process was carried out almost flawlessly.

Be assured that the next auction situation that Atlas Partners encounters will be directed to NRC.
 
Rivkin, Radler & Kremer logo

Rivkin Radler & Kremer
Arthur J. Kremer
Partner
Thank you for your efforts in helping to dispose of the 40 properties of the First Lawrence Partnership leased to the U.S. Postal Service.

I have enjoyed working with you and admire your professionalism and your ability to get things done in complicated matters.

You have been extraordinarily helpful and the success and the disposition of our properties is to a great extent due to your aggressiveness and ability to keep me advised of the various stages of the proceedings.
 
The Alter Group, Ltd. logo

The Alter Group, Ltd.
Nikki Block
Senior Vice President
It is with great pleasure that I take a moment to tell you what a marvelous job you and your outstanding staff did for Ameritech.

As effortless as you made the marketing process, the proof of your expertise was in the high percentage of sales you achieved. You made us all look good and our mutual client very satisfied. Now that I have had first-hand experience, I would not hesitate to recommend your company to any prospective client or to retain you myself should the need arise for The Alter Group or any of our clients.
 
FDIC logo

FDIC
Christina M. Ohler
Section Chief Ð Owned Real Estate Development
We would like to take this opportunity to thank NRC for helping us to reach our goal. Your staff had to deal with an ever increasing list of properties. NRC also managed to arrange for a second auction day when the number of properties increased past the capacity of a one day sale.

Please accept our thanks and gratitude.
 
Wachovia logo

Wachovia
(now merged with Wells Fargo)
Paul F. Holcomb Jr.
Senior Vice President
It was a real pleasure working with you and your associates to execute our sealed bid sales of a 150,000 sf industrial property near Charlotte. Your professionalism was evident in your dealings with all interested parties.
 
Bank One logo

Bank One
(now merged with Chase)
Donald A. Morell Vice
President
Thank you for your help with recent sales of the Wisconsin and New Mexico office and industrial properties for AR Accessories.

You and your associates were efficient in marketing and managing the sale process, with results from the sealed bid auction exceeding expectations.
 
Ragsdale, Beals, Hooper & Seigler
John W. Ragsdale
Partner
I am very grateful to you for the excellent job that you did in preparing the property for sale, providing information regarding the property to many people, preparing the Harbor Club master-planned gold community superb due diligence report, by the professional execution of the bidder's conference and the auction itself. It will be a pleasure to recommend you and your firm to others.
 
Mishaan Dayon & Lieblich, P.C.
Jeffrey D. Dayon
We could not have bid as aggressively as we did if your firm had not done its homework presenting all the appropriate information my clients needed. As questions arose prior to the bid deadline your firm responded promptly.

We enjoyed working with your firm and welcome additional offerings.
 
SBC Ameritech

Ameritech
David Raduziner
Director Ð Real Estate Services
Quality, Cost, Time. When one considers a project or initiative the saying goes: "pick two". In the case of the Ameritech Small Properties Sealed Bid sale your firm conducted in cooperation 'with Equis, this was not the case.

The NRC staff should be commended for the major effort they put in to plan and implement the sealed bid program. All involved demonstrated a commitment to customer satisfaction second to none.

My thanks to NRC. We look forward to working with your firm to manage additional sales in the future.
 
Winstead, Sechrest & Minic logo

Winstead, Sechrest & Minick
Jeffrey A. Shadwick
NRC prepared a thoughtful marketing plan and accurately projected the costs of the plan. I felt the subject properties in Chapter 11 were essentially unmarketable, but NRC was able to drum up interest in the properties; through its efforts NRC brought me purchasers who bought all of the properties from the estate.

Throughout the process, my contacts at NRC were very good about providing me with status reports, and making themselves available by phone. They appeared to fully appreciate and be able to work with bankruptcy issues involved, in addition to successfully performing their marketing and sales functions.
 
ComEd logo

Commonwealth Edison
Robert M. Jones, Sr.
Real Estate Coordinator
Thank you for the excellent job you did in facilitating the sale of ComEd's excess property.

You did an outstanding job by providing attractive marketing materials, through well placed media advertising, utilizing a comprehensive direct mailing campaign, by keeping us informed and by coordinating all of the closings.

ComEd would not hesitate to contact NRC again should a need to use their seal bid services arise.
 
Peoples Energy logo

Peoples Energy
Robert F. Donohue
Coordinator, Office Services
It was a real pleasure working with you and your associates to successfully consummate the sale of an office building property we had tried to sell by conventional means for over nine months.

Thank you for a job well done. Peoples Gas looks forward to working with NRC in the future.
 
Middle States Holding Company, Inc.
Gerald S. Klein
Chairman
I wanted to express how much we appreciated your services in this matter.

To put this asset into play in national commerce and develop a market as you did required flexibility and a willingness to learn that is rarely evidenced by brokers. The very satisfactory result obtained can be traced directly to your endeavors.
 
Sun Pacific Energy
Craig D. Eerkes
President and CEO
We purchased seven competitive convenience stores in 2001 from ARCO. Six of these acquisitions have been through Mr. Gladstone and his company. All of our transactions with NCR have been clear, concise, and straightforward. I strongly support selecting him and his company for potential divestiture sales.
 
EZ Serve Corporation
John T. Miller
Vice President and CFO
I would like to express my sincere appreciation for the high level of effort and outstanding work product delivered by you and your team during the E-Z Serve Western Zone divestiture program of more than 400 properties in 16 states. Intelligence, integrity, tirelessness and creativity are just a few words that I would use to describe your team members.

NRC is a class organization and we would not hesitate to use your services again should the need arise.
 
GCI Alabama Inc., Subsidiary of Gittlin Companies, Inc.
Bruce D. Gittlin
This letter is long overdue, but the delay bears no relation to the results you and your associates accomplished for us. The sale of the 250,000 sf Brown Marx Tower was not an easy assignment. You persevered and brought in an acceptable result.

My partners and I thank you.
 
Circle K logo

Circle K
Philip W. Tomczyk
Vice President Store Development
I wanted to send you and NRC a letter of appreciation for assisting Circle K dispose of our excess real estate portfolio. I was skeptical that the 300 properties could be sold and closed rapidly, at acceptable prices.

Per your predictionÉyour high profile sales program created a "feeding frenzy" which produced over 8000 phone responses to NRC telemarketing, and 900 bonafide bids. We were able to put approximately 240 of the 300 properties under contract at the bid deadline last December, and then sell the balance in a second and final round this year. Many properties in the second round had environmental issues making the success even more impressive.

A substantial number of the properties offered were sold in excess of our minimums, and your efficient closing department was able to close 97% of the portfolio. Truly amazing!

I believe in the accelerated marketing program and would not hesitate to use your services in the future.
 
Balcor Management Services, Inc.
Daniel L. Charleston
Vice President
This letter is written to express my sincere thanks and appreciation for your work in the disposition of our portfolio.

Your assistance in the often difficult negotiations was integral to the process and represented a significant contribution to the completion of the transaction. I have no doubt that when other opportunities arise to work together, we will place NRC among our primary contacts as an organization capable of successfully formulating and implementing the best disposition strategy for real estate assets.
 
RTC (Resolution Trust Corporation)
L. Leroy Hill
Atlanta Office Auction Coordinator
Over the past year for the Atlanta Sales Center, NRC has conducted 19 auctions and sold 557 properties with a combined sales price in excess of $25,000,000. These auctions have included small residential lots to multi-million dollar commercial properties. With all these auctions we've become more and more appreciative of the ability and professionalism of your fine staff.
 
CRT Asset Management, Inc.
Dennis Nelles
Senior Asset Manager
I wish to express my pleasure at the successful auction of the referenced asset from our portfolio. Our firm struggled a number of months to dispose of the real estate acreage ourselves.

Your auction generated five serious offers and two were certainly acceptable with the winning one at 265% of appraised value!!

A job well done...
 
GlobeSource Financial Inc.
Sandra Davis
President
I would like to thank you and your staff for their hard work and grand successes in the sealed bid initiatives performed by NRC. NRC's marketing efforts combined with a dedicated group of professionals, has facilitated the liquidation of our portfolios with excellent prices and quick closings. Our experiences with your company have been far more successful than any other firm of this nature.
 
META (Maria Elena Torano Associates, Inc.)
Ibrahim Consuegra
REO Director
I would like to take this opportunity to express my appreciation for the results obtained in the Sealed Bid Sale of the Aztec Inn in Tucson, Arizona.

I consider the twenty-one bids received from a range of ten different states throughout the nation as a positive sign of proper marketing, especially when a minimum bid of 160% of the latest appraised value was established and no seller á finance was available. The Sales Price of $1,620,000, or 162 % of the appraised value proves it.

Working with you in the future will be a pleasure.