Arlington|Local Event
CANCELED: Foreclosure Sales | 100% Membership Interests to Residential Real Estate
Event Details
CANCELED - AW Properties Global and its auction division, AuctionWorks, announce the upcoming UCC foreclosure sales of 100% stock interests in LLCs that hold title to three residential properties in highly sought-after Massachusetts communities. The auctions are scheduled to take place remotely via Zoom on May 2, 2025, starting at 10:00 AM CST, with each sale occurring in 30-minute intervals.
These sales involve the transfer of 100% stock interests in the LLCs that own the real estate, rather than direct property sales. As a result, property showings will not be conducted.
Diana Peterson, CEO of AW Properties Global, stated, “UCC foreclosure sales provide a unique pathway for acquiring real estate assets while allowing borrowers to avoid personal guaranty liability. This approach, often referred to as a ‘friendly foreclosure,’ offers a more efficient alternative to traditional foreclosure sales while creating valuable opportunities for investors. Our firm has extensive experience marketing and executing these sales across the country, ensuring a streamlined and professional process for all parties involved.”
Auction Details:
315 Lake St, Arlington, MA 02474
100% Stock Interest in 315LAKE LLC
Credit Bid: $25,000
Sale Date/Time: May 2, 2025, at 10:00 AM CST (via Zoom)
Property Description: A tenant-occupied three-bedroom, 2.1-bath colonial home, built in 1932, with an appraised value exceeding $1.5 million.
149 Russell Street, Arlington, MA 02474
100% Stock Interest in MADSKYE LLC
Credit Bid: $25,000
Sale Date/Time: May 2, 2025, at 10:30 AM CST (via Zoom)
Property Description: A five-bedroom, 5.1-bath estate on b, presenting an opportunity to complete renovations on more than 7b of living space.
9 Windemere Road, Unit #10, West Yarmouth, MA 02673
100% Stock Interest in WINDEMERE2024 LLC
Credit Bid: $25,000
Sale Date/Time: May 2, 2025, at 11:00 AM CST (via Zoom)
Property Description: A two-bedroom, 1.5-bath unit in a Nantucket-style seasonal waterfront complex, located near Colonial Acres Beach.
Bidding Process: Interested bidders must contact the secured party’s legal representative to receive bidding instructions and terms of sale.
Contact Information for Bidders:
Ethan Gao, Esq.
Gao Law Firm PLLC
3307 Candle Stick Ln, Katy, TX 77494
Phone: 541-753-7210
Email: ethan@gaolawfirmpllc.com
Additional documentation and details will be made available upon execution of a confidentiality and non-disclosure agreement. To learn more about the properties, bidding requirements, or auction terms, visit auctions.awproperties.com.