Press Releases

Tulsa-Based Auctioneers Succeeds in Tough Economy

January 07, 2010:  National Commercial Auctioneers, LLC (NCA) is celebrating its first year in business this January as the successful commercial real estate and land auction company continues to prosper during these difficult economic times.

"It was a life-long dream to establish a commercial real estate auction company that can implement auctions the way I think they should be done," comments Stephen Karbelk, CAI, AARE, President and Founder.  "It has been 18 years in the making, and I finally have been able to solve our clients problems with an auction service focused on high detail, high quality service, and, most importantly, excellent results."

In their first year in business, National Commercial Auctioneers has been able to accomplish what takes most auction companies years to achieve, including:

• Establishing a National Tulsa Marketing Office with a marketing staff lead by John Pellow, a marketing executive with 20 years of corporate, retail and brand management experience.
• Expanding a national sales footprint by hiring Regional Vice President's in the local markets the company services, including Florida, the Carolina's, the Mid-Atlantic, Texas, Oklahoma, Kansas and Missouri.
• Recruiting top-level talent to service their clients at the local, regional and national level. The entire senior level of Regional Vice Presidents are Brokers and Auctioneers.
• Creating a credible brand that focuses on the needs and solutions of it's clients within the commercial real estate and land community.

"Unlike other auction companies that do a high volume of low value vacant residential properties and occasionally have a commercial auction, we specialize in selling commercial real estate and land at auction for banks, bankruptcy courts, and other motivated sellers, and doing an exceptionally good job at it," comments John Pellow, Vice President of Marketing.  "Our brand is not about being a high volume auctioneer, it is about understanding and solving each individual client's real estate needs, every time."

In its first year in business, National Commercial Auctioneers has been able to achieve some very significant auctions, including a $5.8 million foreclosure auction of a 144-unit multi-family property in Lexington, NC; a $1.7 million sale of 715 acres and equipment for the US Bankruptcy Court; a $2.2 million auction of a 124-room hotel in Stuart, FL for a national CMBS Special Servicer; a $3.2 million auction of a 101-room former Fairfield Inn in Williamston, NC for a regional community bank; a $2.1 million auction of a 208 unit multi-family complex in Tulsa, OK for a receiver, as well as other auctions in Texas, Minnesota, Ohio, Florida, Virginia, Indiana, Maryland and Arkansas.

"We might not be the biggest auction company...yet, but we sure give our clients excellent service and make sure every auction is executed at the highest level of professionalism we can deliver on," furthers Meg Vavrick, Chief Operating Officer and Partner in the firm. 

NCA has built an experienced team of auction professionals including:

• Alan Y. Jones, Regional Vice President, Texas, with over 40 years of auctioneering experience.
• Tim Moriarty, Vice President and Auctioneer, Texas, with over $250 million in auction transaction experience.
• Jerry Floyd, Auctioneer, Texas with a specialty in all types of operating and closed restaurant property auctions.
• Pat Floyd, Real Estate Auction Sales, Texas with a specialty in managing multi-parcel auctions and large auction events.
• Stephen Kaler, Regional Vice President, Florida, a broker, former REO asset manager and appraiser servicing the CMBS and Lender community.
• Fernando Palacios, Regional Vice President, Mid-Atlantic, a broker in multiple states that specializes in hotel auctions.
• Randy Ligon, Regional Vice President, Carolina's Office, a broker in multiple states that specializes in valuable commercial real estate auctions.
• Don Gabriel, CCIM, Regional Vice President, Kansas/Missouri Office, with a lifetime of sales experience with a focus on investment grade commercial real estate and portfolio sales.
• Whitey Mason, Corporate Auctioneer with 19 years of auctioneering experience.
• Bill White, Auctioneer with a Degree in Real Estate Finance

The auction staff is supported by Stephanie Butler, Auction Services Coordinator, a paralegal with 12 years experience.  "I have never worked with such an exceptional sales team," comments Stephanie.  "And it seems like we just keep getting better with every new person that joins our veteran auction sales staff.  I can't wait to see what 2010 brings for us."

Additional sales staff is expected to be added in the first quarter of 2010 along with marketing and operations staff in the Tulsa Marketing Office.  "Our growth is only limited by our exceptionally high standards of individuals that have a brokers license, 10+ years of real estate and/or auctioneering experience, and a deep understanding of commercial real estate and land valuation." notes Stephen Karbelk, CAI, AARE. 

"While the other auction companies focus on getting bigger, I will focus on leading a company that gets it and does it right.", Karbelk concludes.  "At the end of the day, our clients just want us to solve their problem. We are passionate about delivering the best auction for our clients that we possibly can.  That is why NCA has been able to service national and regional banks, US Bankruptcy Courts and Receivers.  

NCA's 2010 auctions are starting off strong with a Bankruptcy Auction of about 30 Oil and Gas Leases based in 6 different Oklahoma Counties.  The leases have a low production history but they have real upside potential for an operator. National Commercial Auctioneers was proud to have been selected to market and conduct this complex auction after the Seller solicited proposals from multiple auction companies.   The auction date is February 4, 2010 at the US Bankruptcy Court in Okmulgee, OK. 

National Commercial Auctioneers, LLC is a nationwide real estate auction company that specializes in the sale of commercial real estate at auction for bankers, receivers and bankruptcy courts. Established in December 2008, N.C.A. is one of the fastest growing real estate auction companies in the country. With its corporate marketing office in Tulsa, OK, N.C.A. has Offices in Oklahoma, the Carolinas, Florida, Kansas, the Mid-Atlantic, Texas and Virginia. For more information, please visit www.natcomauctions.com or call 877-895-7077.

In Texas, National Commercial Auctioneers, LLC trades as NCA Auctioneers, LLC.