Carlton takes auctions to the superhighway.

Carlton Group Chairman Howard L. Michaels is pleased to announce that Carlton Advisory Services, Inc. has recently launched a new cutting edge, online auction site (www.carltonauctions.com) which Carlton is utilizing to further increase the success of its industry leading sealed bid and oral auction asset sale business.

Carlton is one of the few auction firms conducting business today that has been in the auction business continuously since the early 1990's. Carlton has sold over $12 billion in loan and REO assets via the auction method including over $2 billion in loan and REO asset sales within the last 18 months.

The new auction website is designed to serve its client's burgeoning asset sale needs and to provide investors better access and efficiency to the bid process. This new auction website provides for: A real-time bid process--which provides transparency for both seller and buyers; A user friendly platform and easy registration format; Customized notices to bidders based on buying interests; On-line due diligence; Worldwide bidder access.

Carlton's copyrighted, proprietary, web-based technologies adds to the array of options available to Carlton's clients and provides a fully customizable asset sale advisory and auction process.

"This new and improved platform provides expanded exposure and efficiency to buyers and a more transparent process for our client's. This ultimately ensures our loan sale and REO clients receive the highest and best possible "market value" for their loan and REO assets," says Michaels.

Since the beginning of the credit dislocation in 2007, Carlton has been one of the most active sealed bid auction firms and, as such, have recently conducted billions in loan sales and REO for many institutional clients.

These auction sales have resulted in success in selling distressed assets including loans secured by land, partially completed residential developments, failed condo projects, retail and office properties, warehouse and hotels in a variety of states, most recently in Florida, Mississippi, Texas, California, Nevada, Indiana, North Carolina, South Carolina, Alabama and Georgia.

Carlton has recently sold over one billion dollars in commercial loan assets including numerous B note's and mezzanine positions secured by large office and hospitality assets located around the country. Carlton is one of the country's leading sealed bid loan sale advisors having sold over $12 billion in residential and commercial loan assets including over $2 billion over the least 18 months.

In the early 1990's, Carlton was one of the largest sellers of partially completed developments, residential co-op, condo and single family residences as well as hundreds of millions of dollars in commercial and hospitality assets, having successfully auctioned these assets for some of the biggest names in the industry at that time including Lehman Brothers, Crossland FSB, Lennar, JE Robert Companies, Credit Suisse, Ocwen and many other financial institutions.