2014

Concierge Auctions Announces that Bidding is Closed and Three Sales are Pending Following Friday's Las Vegas Auction of the Tom Ford Ranch, a Penthouse at the Palms Casino Resort, and The Palms Estate on Pecos Each property went under contract in cooperation with Synergy Sotheby's International Realty

LAS VEGAS, Jan. 21, 2014 /PRNewswire/ -- New York City-based Concierge Auctions is pleased to announce the pending sales of three luxury Vegas estates: The Tom Ford Ranch, Penthouse 55302 at the Palms Casino Resort, and The Palms Estate on Pecos. After generating global interest and an impressive auction day turnout, the properties went under contract to the highest bidders in cooperation with Dale Thornburg of Synergy Sotheby's International Realty.

(Photo: http://photos.prnewswire.com/prnh/20140121/NY49944 )

"Pulling off three luxury auctions in one evening is an extensive task, but Concierge Auctions put forth an impressive team of skilled individuals to make it happen," stated Thornburg. "The entire team was wonderful to work with, and they did absolutely everything possible to make these auctions a success."

Concierge Auctions' global marketing campaign generated over 11,000 website visits from all US states (led by California, Texas, Florida, Illinois and Nevada) and 113 international countries (led by Canada, the UK, Australia, France and Germany). Over 950 people visited the properties combined, and 11 bidders participated in the sale.

Originally designed and constructed by Tom Ford, owner of Ford Contracting who built famed Vegas sites such as the Luxor, Caesar's Palace, and the Venetian, the 11-acre Tom Ford Ranch offers countless luxury amenities. The property includes five legal parcels, a 9,000-square foot main residence, a guest house, trainer home, staff home, and world-class equestrian facilities.

The swanky Penthouse 55302 at the Palms Casino Resort offers 3,905 square feet with three bedrooms, three bathrooms, a wrap-around deck, floor-to-ceiling sliding glass walls and a signature clear view spa with full views of the Strip — all only an elevator away from the casino and some of the most exclusive VIP events in town.

The Palms Estate on Pecos, located at 6990 S Pecos Road, is a sprawling, gated compound with over five perfectly landscaped acres blanketed by towering palm trees. The home is complete with 7 bedrooms, 12 bathrooms, a pool and spa, and an impressive car museum.

"The Concierge Auctions team had all hands on deck from day one," stated seller John Munson. "They did a great job getting a number of interested bidders out to the properties."

"It was thrilling to work with such a dedicated seller who understood the power of our auction method to achieve the highest prices possible within his timeline," stated Laura Brady, Managing Director of Concierge Auctions. "Mr. Munson initially hired us to sell two properties, but after experiencing our work, he decided to add a third. Ultimately, we accomplished his goal by exposing the properties worldwide and monetizing all three at once. It was an exciting event and a great start to 2014."

Concierge Auctions has upcoming luxury property auctions scheduled in Austin, TX, Denver, CO, Wakaya Island, Fiji, Malibu, CA and Santa Monica, CA, and many more are already planned for the winter and spring. If you or someone you know is interested in buying or selling a remarkable property through Concierge Auctions, call 888.966.4759.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-net-worth sellers nationwide through an accelerated marketing process that obtains fair market value for unique, high-end properties in a 60-day timeframe. The company has executed auctions in 25 U.S. states from New York to Hawaii, typically valued between $2.5 million and $20 million, and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all U.S. states and 109 countries and territories. The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury properties over the past 10 years. The firm has sold over $500 million in properties since its founding in 2008. For more information, call 888-966-4759.

Concierge Auctions
405 Lexington Avenue, 26th Floor
New York, NY 10174

SOURCE Concierge Auctions



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