A little bit of Beverly Hills headed to the Raleigh area

A little bit of Beverly Hills is headed to the Raleigh area. The Quorum Center building which opened in 2006 in Downtown Raleigh is headed to the auction block. The building is 15 stories tall and houses office and retail space along with a total of 37 luxury condos. Owners of the building have hired the well known Beverly Hills auction firm, Kennedy Wilson, to help sell the remaining luxurious condos next month. The Quorum Center building is on the southeast corner of the intersection of West Jones Street and North Harrington Street.

The closeout of the units will begin on March 20 with starting bids ranging anywhere from $120,000 to $325,000. Previously, these condos were priced anywhere from $336,394 to $1.1 million.

At this time the auction is slated to begin at 2:00 p.m. at the Raleigh Marriott City Center Hotel and last about an hour. The hotel is located on Fayetteville Street in Downtown Raleigh. The event is expected to draw a large crowd, and you are encouraged to arrive no later than 12:30 p.m. If you are new to these types of auctions, Kennedy Wilson will be hosting a free “How to Buy” seminar on March 13 at the Residences at Quorum auction information office, 323 West Jones St., Unit 1245, Raleigh, at 2:00 p.m.

If you are looking to buy or sell a home in the Triangle area contact Rodney Geohagan. The Geo Team is here to help you with all of your real estate needs. Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late. There are a lot of questions about how the short sale process works and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure. Rodney has the answer and would love to sit down for a confidential review of your options.

Keywords: raleigh real estate, raleigh homes for sale, downtown Raleigh, Quorum Center, luxury condos, Rodney Geohagan, certified distressed property expert, The Geo Team