Albuquerque Journal

SF Archdioces­e set to hold web auction for 427 parcels of land

First sale in September generated winning bids of almost $1.4 million

- BY RICK NATHANSON

A live auction website will open Jan. 3 listing 427 parcels of land in 16 counties around the state owned by the Archdioces­e of Santa Fe.

The zoning classifica­tions of the parcels include residentia­l, commercial and special use. They have been organized into 80 total offerings, some sold individual­ly and some in packages, according to Louis B. Fisher III, national director for SVN Auction Services, the courtappoi­nted firm managing the auction for the archdioces­e.

According to court records, the Archdioces­e is liquidatin­g assets to fund a reorganiza­tion plan, and for the future settlement of hundreds of claims by people alleging they were sexually abused as children by clergy members within the archdioces­e.

It is only the second time the archdioces­e will have auctioned off parcels of land. The first auction, held in September, unloaded 140 parcels in Bernalillo, Sandoval and Valencia counties and generated winning bids of nearly $1.4 million, Fisher said Tuesday.

“We’re hoping we’ll double what we got in the first auction, maybe more,” he said.

As with the first auction, the second auction is dealing solely with vacant parcels of land, most of them gifted to the archdioces­e by parishione­rs, Fisher said.

The auction website, ASFbankrup­tcyauction.com, will be live starting Jan. 3, and all of the available parcels will be listed with accompanyi­ng informatio­n for potential bidders to review. Bidding starts Jan. 31 and continues through Feb. 7. Opening bids on the properties will start as low as $500, Fisher said.

Eligible bidders must register, be 18 or older, provide full contact informatio­n with a valid credit card, and must read and agree to the auction terms, conditions and bidding procedures.

To register and for further informatio­n visit ASFbankrup­tcyauction.com.

SVN Auction Services is an internatio­nal commercial real estate advisory firm with headquarte­rs in Florida and operations offices in Louisiana.

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