Albuquerque Journal (Albuquerque, NM)

Estate Auction Stopped.(Metro & New Mexico)

Byline: Aaron Baca Journal Staff Writer

Ex-Sun CEO, Wife Pull Pricey Property

It was supposed to be a steal. Instead there was no deal.

Rio Ranchito, the deluxe equestrian property owned by former Sun Healthcare CEO Andrew Turner, was yanked off the auction block Thursday before prospective buyers could submit their opening bids.

The Turners pulled the property because they didn't believe the property would fetch a price they were hoping for and because they weren't comfortable with the auction process, auction officials said Thursday afternoon.

"That's basically what happened," said Jim Striplin, a vice president with the Alabama-based National Auction group, which had been contracted by the Turners to sell Rio Ranchito.

"(Andrew's wife, Nora) wasn't comfortable from the start. …

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