NAI Realvest to Rev Up Sales of Distressed Commercial Properties with 2011 Sealed Bid Powersale Starting March 24

MAITLAND, Fla. --- NAI Realvest, which ranks as one of the region’s largest commercial real estate companies, plans to accelerate sales of distressed commercial properties by participating in the NAI Global 2011 Sealed Bid PowerSaleTM starting March 24, 2011.

Patrick Mahoney (top right photo), president and chief operating officer at NAI Realvest, said the 2011 Sealed Bid PowerSale is a massive sales effort that includes commercial properties and buyers from NAI Global offices in all 50 states and international investors.

NRC Realty & Capital Advisors, LLC, is conducting the sale in partnership with NAI, Mahoney said.

Mahoney said properties can be registered in the 2011 Sealed Bid PowerSale on an absolute or reserved price basis.

The first 2011 Sealed Bid PowerSale will be held on March 24, 2011, but properties must be registered prior to Dec. 30, 2010.

“The 2011 Sealed Bid PowerSale represents a major opportunity for lenders and representatives of distressed properties as well as REITs, investors, corporations and governments,” Mahoney said.

For more information, contact

Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com;

 George Livingston, Chairman, NAI Realvest, 407-875-9989 glivingston@realvest.com;

 Paul P. Partyka, Managing Partner, NAI Realvest, 407-875-9989 ppartyka@realvest.com;

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com