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Leading Real Estate Auction Company Stretches Its Wings, Will Now Auction Aircraft
Irvine, Calif. -- REDC, the nation’s leading real estate auction company, has stretched its arms into the aviation space.
REDC, which has auctioned 100,000+ properties for $7 billion during the nation’s foreclosure crisis, has partnered with the Experimental Aircraft Association (EAA) to auction aircraft at “The Spirit of Aviation Aircraft Auction” Saturday July 31 at Wittman Regional Airport in Oshkosh, Wisconsin as part of the annual “AirVenture” event that draws in excess of 500,000 peopleduring the weeklong event.
The auction features some of the most unique and historic aircraft ever built, including a Grumman TBM-3U built in 1944 that has a starting auction bid of $290,000 and a Stinson SR-10 built for and flown by thenShell Oil Company VP Jimmy Doolittle, the former WWII hero.
To view all the aircraft in the auction, go to www.airventure.org/auction. Aircraft will be added on a regular basis. Pre-auction bids are being accepted and aircraft may be pre-sold.
“This is a great opportunity for those who want to buy or sell an aircraft at a unique, world-class venue and event,” says Jeffrey Frieden, CEO of REDC. “This auction will bring together people and aircraft in a way not seen before in the aviation community.”
The consigned aircraft in the auction range from privately owned recreational aircraft to rare vintage and warbird aircraft, and larger general aviation planes. Here are some other rare aircraft in the auction:
• Monocoupe 110 Special: Built in 1998 with a starting bid of $55,000, this one-of-a-kind aircraft is a customized remake from the Golden Era of air racing from the 1920's and 1930's takes the successful Moncoupe of that time and incorporates modern technology to deliver the Super 110.
