New Owner Named for One of America's Greatest Ranches

Concierge Auctions secures next steward of Peace Ranch near Aspen

Nov 6, 2014

ASPEN, Colo., Nov. 6, 2014 /PRNewswire/ -- Concierge Auctions, a luxury real estate auction firm serving high-net-worth individuals worldwide, today announced that a buyer has been secured for Peace Ranch in cooperation with listing agents Tommy Latousek and Mary Anne Meyer of Joshua & Co. The 610-acre property near Aspen, Colorado went under contract last night, prior to today's scheduled auction after Concierge Auctions' international marketing plan led a confidential buyer to make a strong offer.

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"After pouring a lot of love into this property for over 10 years, I am thrilled to have found a new owner who will carry on the legacy of Peace Ranch," said seller Tom Bedell. "The good folks at Concierge Auctions handled this sale as it deserved to be handled, with integrity, passion and hard work, and I'll always be appreciative of their efforts."

This assignment is yet another chapter of Concierge's success story in the Rocky Mountains. The firm's auction process, which has been widely hailed as the smartest way to buy and sell luxury real estate, has proven a particularly popular method for transacting irreplaceable, one-of-a-kind ranch properties.

Concierge Auctions' public relations team secured media mentions across the globe, including articles in elite publications such as Forbes and Robb Report. This coverage, coupled with extensive advertising and direct outreach, generated over 12,500 website visitors from 50 US states (led by Iowa, Colorado, Texas, California and Minnesota) and 84 countries (led by Canada, the UK, Australia, Germany and Mexico).

The property and its five residences, within a surrounding sea of national forest and near some of the best downhill skiing in the world, attracted avid skiers and outdoorsmen who enjoy entertaining guests in privacy. Peace Ranch is a paradise for horseback riders and includes a stunning 150' x 240' outdoor riding arena as well as a 29,000-square-foot, multi-use indoor horse arena, which can easily accommodate up to 1,200 guests. Its four stocked trout ponds and proximity to the Fryingpan River, a gold-medal international fishing destination, also drew significant interest.

"Luxury buyers love ranches and, at Concierge Auctions, we take great pride in maintaining an inventory of the finest, most exclusive ranches in the world," said Concierge Auctions Founder and President Laura Brady. "This year alone we've now successfully auctioned 10 ranch estates, but Peace Ranch certainly takes the lead as most notable. It was a true joy for our team to secure this transaction, especially for such kind sellers as the Bedells and with expert partnership from Tommy Latousek and Mary Anne Meyer."

About Concierge Auctions

New York-based Concierge Auctions is the dominant player in the luxury real estate auctions sector, selling high-end properties worldwide through a transparent and market-based bidding process. Since its founding in 2008, Concierge has successfully closed over a half-billion dollars in luxury properties, with $194 million contracted in 2013 alone — at an average price of $5.4 million. The business has spanned the globe, domestically from New York to Hawaii, and abroad from Fiji to Toronto. Concierge was recently named one of America's fastest-growing companies by Inc. Magazine. For more information call 212.202.2940.

Media inquiries:
Jamie Silverstein
(212) 415-3036

SOURCE Concierge Auctions