Real Estate Disposition, LLC (“REDC”)

About REDC
Since its founding in 1990, REDC has become one of the world’s leaders in maximized asset disposition strategies and asset management. We specialize in selling residential, commercial, luxury homes, multi-family, hospitality, land, as well as performing and non-performing notes and loan pools. Since 2007, REDC has sold in excess of $7.5 Billion of real estate assets and conducted over 900 auctions featuring 105,000 properties. This success is unparalleled in the industry.

Working directly with builders, developers, major corporations, financial institutions, banks and lenders, REDC conducts auctions throughout the United States and abroad, which range from live ballroom mega-auctions to local on-site auctions, as well as online only auctions through the use of our proprietary and best in class online auction platform.

Home buyers and investors alike have the opportunity to bid live at our ballroom auctions, bid online against ballroom bidders using our webcast platform or participate in online only auctions through our state-of-the-art online bidding system where buyers bid in real time as the auction progresses.

Headquartered in Irvine, California, REDC is a fully licensed and bonded real estate auctioneer and sanctioned real estate broker with additional offices in Texas, New York and the United Kingdom. In 2008, the company formed a partnership with Stone Point Capital, LLC ($10 billion in assets) whose relationships and experience will allow REDC to expand its business operations worldwide.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $36 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.


For more information please contact:

Bart Steinfeld – Note Auctions
1.212.812.5867
bart.steinfeld@am.jll.com

Noble Carpenter – Note Auctions
1.212.812.5731
noble.carpenter@am.jll.com

Guy Ponticiello - REO/Commercial Auctions
1.312.228.2645
guy.ponticiello@am.jll.com