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Going Once, Going Twice … L.A. Lofts Set for Online Auction

Published Tuesday, January 20, 2009

On Feb. 8, auctioneer William Stevenson, president of Los Angeles-based Intelligent Market Systems, plans to simultaneously sell 79 residential lofts in an Internet auction. The lofts are located in a former office building in the heart of the city’s historic financial district. Stevenson, founder and former president of auction firm Kennedy-Wilson Inc., has conducted such high-profile auctions as the $411 million sale of six Landmark Resorts golf courses and hotels for the Resolution Trust Corp., and a $200 million sale of long-term contracts for Shell Chemical. Stevenson’s real estate brokerage company, William Stevenson and Associates, ...

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