Tranzon Alderfer to Auction 46 Homes in the Philadelphia Area
Forty-six homes across Philadelphia and surrounding counties will be sold at an online auction this month, as mandated by a U.S. Bankruptcy Court order. The auctions are being conducted by Tranzon Alderfer with court-approved partner Tranzon Driggers under Chapter 11 bankruptcy proceedings for RAD Diversified REIT. Opening bids range from $25,000 to $50,000 per property and will be available online starting October 6 through October 13–15. Most of the properties are single-family homes or rowhouses in Philadelphia, with a smaller number located in Chester and Delaware counties. A few may also include multifamily buildings sold individually or as packages. Tranzon Alderfer CEO Samantha Kelley emphasized that these auctions are accessible to both individual buyers and investors due to low starting bids. The auction is part of an ongoing bankruptcy process overseen by the U.S. Bankruptcy Court for the Middle District of Florida, Case No. 8:26-bk-01636-CPM. All properties will be sold as-is with a 10% buyer’s premium and no warranties or guarantees.
