Kennedy Wilson Auction Group Featured in THE HOUSTON CHRONICLE

Newspaper Story: Our client, Kennedy Wilson Auction Group was featured in a news story about an upcoming Auction in Houston, Texas.

May 07, 2010

Swanky Galveston condos to be auctioned

Richard Payne

Twin towers of Palisade Palms

Usually the first people to buy into a condo building get the best deals. In the case of Palisade Palms, the bargains may be coming on the backside.

Twenty-seven beachfront condos in the luxury Galveston development are being auctioned off next month.

Starting bids will range from $125,000 to $375,000 for the units, which were previously priced at $299,000 to $1.35 million according to Kennedy Wilson, which will conduct the sale on June 6.

The 27 condos range from 1,044 to 2,767 square feet and include four penthouses.

Palisade Palms is a twin 27-story tower real estate development on Galveston’s East Beach built by the Falcon Group.

The auction will take place at 1 p.m. on Sunday, June 6 at the Omni Houston Galleria.

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