I don’t think we can judge the auction until the ‘sold’ units close escrow (or don’t close escrow)
Some people have questioned how many shills were in the audience bidding
Perhaps that is why the banks are upset – most of the offers came from shills with only a few offers being made by real buyers (who may or may not make it to close of escrow)
Yeah, I know, no American corporation would intentionally employ deceptive marketing tactics …