FRE.com in the News

2/25/2010 Luxist
Vista al Mar, Estate of the Day
Even some beachfront property in southern California is slow to move. One estate Vista al Mar in Dana Point, California, is headed for auction.

2/1/2010 Orange County Register
Strand home minimum bid: $6.5 million less
A multimillion luxury home on Dana Point’s Strand at Headlands is now accepting bids in an online auction.

1/29/2010 OC Metro
Mega-luxury home at The Strand goes up for sale
Online bidding for a multimillion-dollar oceanfront estate for sale in the mega-luxury community of The Strand at Headlands in Dana Point ends March 11. The opening price started at $7.5 million.

10/27/2009 CBSNews.com
LFC’s Reputation Grows with Successful Sale of Wisconsin Land
Last spring, the LFC Group of Companies, the industry leaders in online auction marketing of commercial and residential real estate, made headlines across the commercial real estate community by successfully orchestrating the U.S. Bankruptcy Court-ordered sale of 120 acres of vacant land in Hallie, Wisconsin. Partnering with the local commercial real estate brokerage Grubb & Ellis | Pfefferle, LFC proved that their unique online auction model and marketing strategy succeeds in even the most stagnant of markets.

10/26/2009 GlobeSt.com
Question Marks Still Remain for PPIP
WASHINGTON, DC-With five of the selected nine asset managers for the Treasury Departments Public Private Investment Program now fully funded with their debt and equity capital commitments, there is some $12.27 billion in purchasing power aimed at the so-called legacy – or to be more precise, toxic – assets still clogging the real estate markets. In short, the program is close to execution as the asset managers now begin what they were ultimately chosen to do: seek out and purchase toxic debt.

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Industry News

3/12/2010 MSNBC
New wave of foreclosures threatens market
Up to 7 million homes are potentially eligible but haven’t been repossessed

3/10/2010 CNN Money
Green homes face a red light
Lots of people, especially those trying to battle high utility bills, believe in energy-efficient homebuilding.

3/9/2010 Detroit Free Press
Solutions aren't easy for underwater mortgages
The underwater mortgage problem has no easy solution, particularly in places like Michigan, which has shed nearly a million manufacturing jobs in the past decade.

3/8/2010 New York Times
Program Will Pay Homeowners to Sell at a Loss
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.

3/4/2010 CNN Money
Home sales contracts slip 8%
Fewer Americans signed contracts to buy homes in January and further declines are expected.

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Press Releases

1/28/2010 LFC Internet Marketing
Developer of Oceanfront Estate in The Strand Turns to Online Auction to Deliver a Buyer
NEWPORT BEACH, Calif.- The LFC Group of Companies, the industry leaders in the online auction marketing of real estate, is proud announce their latest auction campaign on the company’s residential auction website FRE.com: a luxurious oceanfront estate in Dana Point’s The Strand at Headlands, southern California’s last and most exclusive beachfront community.

12/18/2009 
LFC, Coldwell Banker Team Up to Offer Online Auction of Newport Beach Waterfront Condos
NEWPORT BEACH, Calif.- The LFC Group of Companies, the industry leaders in the online auction marketing of real estate, is proud to join Coldwell Banker Previews in announcing the latest campaign in LFC’s pioneering Must Sell® program for high-end properties: two waterfront condominiums situated right on the harbor in Newport Beach, California. Featured on the company’s residential auction website FRE.com, the two units at Vista del Lido Condominiums, located right off Lido Park Drive in the heart of Newport Beach, offer spectacular views of Newport Harbor.

7/27/2009 LFC Press Release
Online Auction Grabs Hollywood Spotlight
Brand new townhomes bring buyers the bargain they have been waiting for

7/7/2009 LFC Press Release
Online Auction Hits the Red Carpet with Hollywood Dell Townhomes
FRE.com pushes conventional real estate marketing aside with online auction of brand new townhomes

4/1/2009 
Magnificent 14,000 sq. ft. Estate in Colorado’s Prestigious Cherry Hills Village to be offered in Landmark Online Auction
Mansion in Cherry Hills Village, CO. and other high end properties on FRE.com

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Visit Our Other Online Auction Sites

LFC.com For Commercial & Land Auctions
The online auction website for the global marketing of commercial and industrial real estate, and vacant land. The power of the Internet brings buyers and sellers together in a transparent, fair, and convenient auction platform.
BigBidder.com For Note Auctions
The first and only website of its kind — an auction marketplace for the buying and selling of Notes. Whether it is the buying or selling of Pools of Notes or individual Notes, buyers and sellers finally have access to a transparent and fair commerce platform.