Houston and Corpus Christi Real Estate Portfolio
Tranzon successfully facilitated the sale of a Chapter 7 bankruptcy real estate portfolio in Houston and Corpus Christi, TX, through an online auction. The portfolio included 20 single-family homes and a commercial building, with 14 leased houses and six vacant properties. Despite challenges such as below-market rental rates and court approval requirements, Tranzon's multi-media marketing campaign generated 201 inquiries, 101 registered bidders, and over 20,000 page views. The sale closed escrow within 30 days, achieving a total sale price of $4,120,409.