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ALBERT BURNEY NEWS
Canal-Front Home Sells for $1.3 Million in Albert Burney Auction

HALLANDALE BEACH, Fla.--(BUSINESS WIRE)--A canal-front home with its own deep-water dock sold for $1.3 million Tuesday in an auction that attracted 21 registered bidders, some of whom came from as far away as Russia, Canada and Venezuela. The auction had drawn widespread attention, with 76 prospective buyers touring the home in the days leading up to the auction, according to Warren Ward, president of Albert Burney Auction Company, which managed the sale. Purchasing the home was an investment professional from New York. “You have to feel good about attracting so much attention in an overcrowded market. We count 23 homes for sale within a two-block radius of the one we sold today, and I’m sure they haven’t had anything like the traffic this one received. The auction enabled us to attract prospective buyers to this one and get it sold,” said Ward.


Condo Auction: 26 Capstone Quarters Units Sell for $2.5 Million

URBANA, Ill.--(BUSINESS WIRE)--Twenty-six student condominiums in the Capstone Quarters development sold at auction Saturday for a total of $2.5 million, with Albert Burney Auction Company managing the sale. A crowd of over 100 gathered under a tent at the development on Lincoln Avenue to bid on the units, which included floor plans with two, three and four bedrooms. In bidding that lasted for two hours, bidders snapped up all 20 of the two-bedroom units available, as well as four three-bedroom units and two four-bedroom units. Rob Howland, Capstone’s chief operating officer, agreed that the auction attracted a strong crowd. “One of the attractions of an auction is that people have a very good chance to get a good buy, and there were some great buys today. We felt we had a very good turnout and got good results considering today’s sluggish real estate market,” said Howland.


Albert Burney Moves Headquarters to Downtown Historical District

Albert Burney has just acquired the old Alabama Gas Company building and plans to renovate this historical building to suit their current growth needs. During the last six years, Albert Burney has become one of the nations leading auction companies by demonstrating the ability to market high profile properties through an aggressive marketing campaign.


World-Renowned Hunter and Author, Tom Storm, Joins the Albert Burney Team

The old saying that “the proof is in the pudding” is exactly what the famous hunter and author is now preaching for Albert Burney. “Having Albert Burney auction my property was one of the best decisions I ever made. I was very pleasantly surprised that we secured 10 qualified bidders in just 60 days! Not only was I a satisfied seller I was so impressed with their process that I decided to join the Albert Burney team.” Tom Storm now meets with potential sellers to discuss the benefits of an Albert Burney auction marketing campaign.


St. Jude’s Children’s Hospital Benefits from Albert Burney Auctions

Albert Burney raised over $800 for St. Jude’s Children’s Hospital during the pre-auction charity event for Dean Witter’s Lucky Star Ranch. During this high-profile marketing campaign, Dean Witter III appeared as a guest on Fox’s Neil Cavuto to discuss the upcoming auction. Each year Albert Burney generates thousands of dollars for St. Jude Children's Hospital.




 
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