Archive for May 29th, 2009

Brazos Place Auction Results

 

Below are the results for the Brazos Place auction last week.  Several hundred bidders attended the auction and Kennedy Wilson claims over 1,000 buyer previewed the property during the weeks prior to the auction.  The units sold on average for $281/SF which we believe was a strong value for the units.  While discounted below the original list price, other opportunities presently exist in the market that we feel exhibit more value.  Let us know your thoughts if you attended.

Brazos Place Auction Results

Brazos Place Auction Results


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