September 9, 2021 Case Studies, News & Articles

Food processing company, innovating the manufacturing process, received a $1MM loan for their new process

New technology in any industry is scary to introduce and knowing the value of the implementation is difficult. Unless...
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September 2, 2021 Case Studies, News & Articles

In Precisely the Right Way, $1MM in Assets from Precision Machining Shop Auctioned After a Loan Default

After a risky bet flopped, a top lender hired Loeb to recover over $1MM in assets, which included Top-of-the-Line CNC...
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LATEST STORIES

May 12, 2016 News & Articles

Assets of Balmoral Racing Club, Inc. and Maywood Park Sold Through Bankruptcy Sale

Loeb Auctioneers and Yellen Partners announce the completion of the Maywood Park personal property auction, and the Court approval for the sale in its entirety of the Balmoral Racing Club real estate and personal property assets after a decision by the Bankruptcy Court, Northern District of IL. Two...
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April 20, 2016 News & Articles

LTS Funds Over $8.6 Million Dollars’ Worth of Equipment

Yet Another Satisfied Customer… “Rob and I want to thank you and you team for the great job you did to get the closing funded. Without your steady and rational approach I doubt the financing would ever have closed. I particularly want to single out Loeb team member Angie for the...
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April 15, 2016 News & Articles

Loeb Makes Their Small Screen Debut on Chicago Fire

For the episode “On the Warpath”, a fire breaks out in a local brew pub and the set crew for the show came to Loeb for tanks and other equipment. “I work as a Buyer for a television show in Chicago. We often have very demanding (short) schedules and have to pull many rabbits out...
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April 6, 2016 News & Articles

Asset from Balmoral Racing Club, Inc. and Maywood Park Trotting Association, Inc. to be Sold at Auction

Loeb Auctioneers and Yellen Partners announced this week that they will be conducting a two day auction to liquidate the assets from Balmoral Racing Club, Inc. and Maywood Park Trotting Association, Inc. The auction will take place online April 27 and 28. “We are honored to be retained to...
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April 4, 2016 News & Articles

Wild Pea Hummous Facility Closure Online Only Auction – Lots begin closing online 5/3

Featured Equipment: Modern Packaging Model SL1X2S S/S Inline 2 Lane Cup Filler Modern Packaging Model SR8DC Rotary Cup Filler Auto Labe Model 110S Auto Front, Back, and Top Pressure Sensitive Labeler Robot Coupe Model Blixer45 S/S Vertical Cutter, Mixer, Food Processor Videojet Model 1220 Single...
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March 16, 2016 News & Articles

Valuation Expertise: Going Beyond Just the Written Report

A typical appraisal is a snapshot of a specific group of assets with an opinion of value rendered as of a specific date. However, the standard appraisal report does not capture all of the additional valuation work that is performed by the appraisal firm. Behind the scenes, there are often a number...
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March 11, 2016 News & Articles

Boboli Bakery Facility Online Only Auction – Lots begin closing online 4/21

Featured Equipment: Spiral Mixers Chillers Choppers Depositors Dumpers Freezers Ovens Proofers Rounders Sheeters Stuffers Wrappers Inspections: Anytime by appointment, contact Howard Newman at (773) 451-3662 to schedule an...
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February 24, 2016 News & Articles

Trans-Industries of Indiana, Inc. Online Only Auction – Lots begin closing online 3/23

Featured Equipment: 2007 Sterling Tandem Axle Truck Tractor Heller Sutherland 220-Ton Cap. Model MARK2-220 Gap Frame Press Minster 160-Ton Cap. Model 50-6 ½-84 Straight Side, Double Crank Press Verson 100-Ton Cap. Model B2-100-84-42 Straight Side, Double Crank Press Bliss 100-Ton Cap. Model...
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February 18, 2016 News & Articles

LTS Provides Financing on Over $7.4 Million Dollars’ Worth of Industrial Equipment

Loeb Term Solutions provided financing of over $7,400,000 dollars’ worth of equipment to a Southeast metalworking facility which has experienced substantial growth over the past 8 years. The financing is helping the facility, which specializes in steel and aluminum mounting products for the solar...
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January 28, 2016 News & Articles

Loeb Welcomes Two New Members to the Team!

Loeb is pleased to announce the addition of Tim Serritella as Vice President, Business Development. Tim is a seasoned business professional with over two decades of success providing financial and management solutions to business owners and senior management. Having previously worked in banking and...
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January 18, 2016 News & Articles

Butcher, Bakery, Restaurant & Retail Grocery Concept – Cosmopolitan Marketplace Online Only Auction – Lots begin closing online 3/3

Chicken, Meat, & Fish Processing & Packaging Lines New in 2014 & 2013!! Retail Bakery Equipment New in 2014 & 2013 with Less than 4 Months Use in 2015!! High Quality Retail & Restaurant Equipment, Furniture & Fixtures – Everything Purchased in 2013 & 2014 &...
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January 15, 2016 News & Articles

Industry News: Scrap Metal Firms are Getting Hammered

Andrew Jacobson is paying his suppliers a lot less these days. And that’s not a good thing. One of the owners of All Metal Recycling in Franklin Park, Jacobson buys scrap steel for $50 per ton, down more than 70 percent from a year ago. But that doesn’t boost All Metal’s bottom...
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