Bankruptcy

46 Philadelphia-Area Homes Head to Court-Ordered Bankruptcy Auction

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46 Philadelphia-Area Homes Head to Court-Ordered Bankruptcy Auction

Philadelphia – October 06, 2026 -- Forty-six homes across Philadelphia and its suburbs will be sold at online auction under orders of the U.S. Bankruptcy Court, with opening bids set at $25,000 or $50,000 per property.

Bidding window runs October 6 through October 15

Online bidding opened Tuesday, Oct. 6, with auctions closing in staggered windows from Oct. 13 through Oct. 15. Tranzon Alderfer is conducting the sale alongside Tranzon Driggers, the court-approved auctioneer in the RAD Diversified REIT bankruptcy. A 10% buyer's premium applies to all winning bids.