Secured parties that find themselves faced with the task of conducting a UCC sale can rely on Auction Advisors to conduct the sale in a professional and “commercially reasonable” manner. Auction Advisors has a proven track record of successful sales that have been upheld after being legally challenged, ensuring that our client’s assets are protected. Our services are provided at the highest professional level, while still being economically efficient for our clients.
☑ Seamless Sale Execution:
We facilitate the organization and execution of the foreclosure sale, expertly handling all aspects, including advertising, proper notifications, and coordination with relevant parties to maximize participation and fairness.
☑ Bidder Management and Support:
Our firm actively manages communications with potential bidders, providing them with clear, transparent information to foster a competitive and efficient bidding process.
☑ Comprehensive Post-Sale Services:
After the sale concludes, we continue to provide support by assisting with the transfer of assets and addressing any subsequent matters that may arise. This includes supporting our clients in any related litigation, and even rendering testimony if needed.
☑ Tailored Consultation Services:
We recognize that every situation is unique. Our team offers personalized consultations to thoroughly assess your specific needs and develop an effective strategy that aligns with your goals.
☑ Expert Guidance:
We are well acquainted with norms and practices of UCC auctions, providing you with expert advice on the requirements and potential challenges associated with conducting UCC foreclosure sales.
☑ Industry Insights:
With our in-depth knowledge of auctions generally, the UCC foreclosure process and trends in the market, we provide valuable insights that can help you make informed decisions every step of the way.
☑ Thorough Documentation Preparation:
We assist in meticulously preparing and filing all necessary documentation, ensuring compliance with legal standards and regulatory requirements for a smooth foreclosure process.
☑ Expert Witness Testimony:
We serve as expert witnesses in cases where the standard of commercially reasonableness may have not been met by a foreclosing party.
UCC Foreclosure: Minority Interests in LLC with underlying real property
📍1045 Hidden Ridge Drive, Irving, TX 75038
AuctionAdvisors was engaged to conduct the UCC foreclosure auction of 19% of the Membership Interests of the Limited Liability Company that owns the real property at 1045 Hidden Ridge Drive in Irving, Texas. The Property consists of a 20,925 SF former restaurant building on 2.9 Acres. Qualifying bids were due 2 days before the auction was conducted. AuctionAdvisors prepared a comprehensive dataroom containing LLC Governing Documents, details about the Property, Notice of Sale, and Terms & Conditions of Sale, and additional details about the offering.
UCC Article 9 Foreclosure Auction: Hightstown Development
📍 N. Academy & 101 Bank Street, Hightstown, NJ
UCC Foreclosure – 10 Contiguous Stalls in the Fulton Fish Market
📍800 Food Center Drive Unit 66, Bronx, NY 10474
UCC Foreclosure: Minority Interests in LLC with underlying real property
📍1761 Amsterdam Ave, New York, NY 10031
This is a UCC Foreclosure Auction sale. Selling 100% of the Membership Interests of a Limited Liability Company that owns real property (the “Real Property”) and not direct fee simple ownership of the Real Property itself. The Real Property is a mixed use building located at 1761 Amsterdam Ave., New York NY 10031. Qualifying bids due September 8, 2025 @12:00 PM ET; Auction September 10, 2025 @11:00 AM ET. To see more information, including LLC Governing Documents, loan documents, dated financials, appraisal, details about the Property, Notice of Sale, and Terms & Conditions of Sale, see “Documents” tab posted on this website.
UCC Foreclosure: Class B Office Building
📍 5901 West Side Avenue, North Bergen, NJ 07047
AuctionAdvisors was retained to conduct a UCC Foreclosure Auction sale of 100% of the Membership Interests in an LLC that owns 100% of 5901 West Side Ave., North Bergen NJ. 5901 West Side Ave. is a +/-300,000 SF Class B Office Building, located within an Urban Enterprise Zone. Features a 5-story atrium lobby, fitness center, conference/training center, covered parking, and cafe with seating for 280 people. AuctionAdvisors prepared a comprehensive data room containing LLC Governing Documents, details about the Property, Notice of Sale, and Terms & Conditions of Sale, and additional details about the offering.
UCC Foreclosure: UCC Foreclosure Auction: Gulfstream GIV
📍111 Industrial Ave, Teterboro, NJ – 07608
UCC Foreclosure: Major Wire Service
📍1350 Avenue of the Americas, New York, NY 10024
AuctionAdvisors conducted UCC Foreclosure Sale of the assets owned and associated with the News Direct Corp. Assets include: All of News Direct Corp.’s intellectual property, the newsdirect.com domain name, website and custom-made software platform, any encryption keys to access the data, and any and all related rights pertaining to the website and platform (including source code, object code, and any related data), customer lists, customer contracts, licenses associated with the data, marketing materials, social media accounts, including Instagram, X/Twitter, LinkedIn and Facebook, and any other property used in the operation of News Direct Corp.’s business as well as all equipment and machinery, furniture and fixtures, inventory, accounts, accounts receivable, all contract rights, instruments, documents and general intangibles owned by News Direct Corp as well as brand assets such as logo, mark (arrow icon) and all derivative content.
UCC Foreclosure: Sale of Pledged LLC Interests
📍 1 Centennial Avenue, Piscataway, NJ 08854
AuctionAdvisors was retained to conduct a UCC Foreclosure Auction sale on the Membership Interests in 3 LLCs, each with an interests in real property. Underlying properties of the 3 LLC membership interests include: 2 Class A Office Buildings (i) a 3-story 90,000+/- SF building on 5.64+/- acres in Mays Landing, NJ and (ii) a 3-story 245,00 +/- SF building in Piscataway, NJ. Membership Interests being foreclosed on: (1) 100% of the Membership Interests in 5218 Property LLC (which owns 5218 Atlantic Avenue, Hamilton Township, NJ 08330); (2) 100% of the Membership Interest in Centennial Plaza Prop LLC (which owns a 50% interest in 1 Centennial Avenue, Piscataway, NJ 08854); and (3) 100% of the Voting and 15% of the Non-Voting Membership Interest in IMARC Properties, L.L.C. (which owns 50% interest in 1 Centennial Avenue, Piscataway, NJ 08854).
UCC Foreclosure: Z News / Zenger Media Assets
📍1350 Avenue of the Americas, New York, NY 10024
UCC Foreclosure: Minority Interests in LLC with underlying real property
📍1045 Hidden Ridge Drive, Irving, TX 75038
AuctionAdvisors was engaged to conduct the UCC foreclosure auction of 19% of the Membership Interests of the Limited Liability Company that owns the real property at 1045 Hidden Ridge Drive in Irving, Texas. The Property consists of a 20,925 SF former restaurant building on 2.9 Acres. Qualifying bids were due 2 days before the auction was conducted. AuctionAdvisors prepared a comprehensive dataroom containing LLC Governing Documents, details about the Property, Notice of Sale, and Terms & Conditions of Sale, and additional details about the offering.
UCC Article 9 Foreclosure Auction: Hightstown Development
📍 N. Academy & 101 Bank Street, Hightstown, NJ
UCC Foreclosure – 10 Contiguous Stalls in the Fulton Fish Market
📍800 Food Center Drive Unit 66, Bronx, NY 10474
UCC Foreclosure: Minority Interests in LLC with underlying real property
📍1761 Amsterdam Ave, New York, NY 10031
This is a UCC Foreclosure Auction sale. Selling 100% of the Membership Interests of a Limited Liability Company that owns real property (the “Real Property”) and not direct fee simple ownership of the Real Property itself. The Real Property is a mixed use building located at 1761 Amsterdam Ave., New York NY 10031. Qualifying bids due September 8, 2025 @12:00 PM ET; Auction September 10, 2025 @11:00 AM ET. To see more information, including LLC Governing Documents, loan documents, dated financials, appraisal, details about the Property, Notice of Sale, and Terms & Conditions of Sale, see “Documents” tab posted on this website.
UCC Foreclosure: Class B Office Building
📍 5901 West Side Avenue, North Bergen, NJ 07047
AuctionAdvisors was retained to conduct a UCC Foreclosure Auction sale of 100% of the Membership Interests in an LLC that owns 100% of 5901 West Side Ave., North Bergen NJ. 5901 West Side Ave. is a +/-300,000 SF Class B Office Building, located within an Urban Enterprise Zone. Features a 5-story atrium lobby, fitness center, conference/training center, covered parking, and cafe with seating for 280 people. AuctionAdvisors prepared a comprehensive data room containing LLC Governing Documents, details about the Property, Notice of Sale, and Terms & Conditions of Sale, and additional details about the offering.
UCC Foreclosure: UCC Foreclosure Auction: Gulfstream GIV
📍111 Industrial Ave, Teterboro, NJ – 07608
UCC Foreclosure: Major Wire Service
📍1350 Avenue of the Americas, New York, NY 10024
AuctionAdvisors conducted UCC Foreclosure Sale of the assets owned and associated with the News Direct Corp. Assets include: All of News Direct Corp.’s intellectual property, the newsdirect.com domain name, website and custom-made software platform, any encryption keys to access the data, and any and all related rights pertaining to the website and platform (including source code, object code, and any related data), customer lists, customer contracts, licenses associated with the data, marketing materials, social media accounts, including Instagram, X/Twitter, LinkedIn and Facebook, and any other property used in the operation of News Direct Corp.’s business as well as all equipment and machinery, furniture and fixtures, inventory, accounts, accounts receivable, all contract rights, instruments, documents and general intangibles owned by News Direct Corp as well as brand assets such as logo, mark (arrow icon) and all derivative content.
UCC Foreclosure: Sale of Pledged LLC Interests
📍 1 Centennial Avenue, Piscataway, NJ 08854
AuctionAdvisors was retained to conduct a UCC Foreclosure Auction sale on the Membership Interests in 3 LLCs, each with an interests in real property. Underlying properties of the 3 LLC membership interests include: 2 Class A Office Buildings (i) a 3-story 90,000+/- SF building on 5.64+/- acres in Mays Landing, NJ and (ii) a 3-story 245,00 +/- SF building in Piscataway, NJ. Membership Interests being foreclosed on: (1) 100% of the Membership Interests in 5218 Property LLC (which owns 5218 Atlantic Avenue, Hamilton Township, NJ 08330); (2) 100% of the Membership Interest in Centennial Plaza Prop LLC (which owns a 50% interest in 1 Centennial Avenue, Piscataway, NJ 08854); and (3) 100% of the Voting and 15% of the Non-Voting Membership Interest in IMARC Properties, L.L.C. (which owns 50% interest in 1 Centennial Avenue, Piscataway, NJ 08854).
UCC Foreclosure: Z News / Zenger Media Assets
📍1350 Avenue of the Americas, New York, NY 10024
At AuctionAdvisors, we are committed to ensuring that you navigate UCC foreclosure sales with confidence and success.
Our mission is to provide reliable, professional assistance that simplifies the process and protects your interests.
Contact us today to learn more about how we can assist you in achieving your foreclosure objectives.