June 2008

New Chief Operating Officer at DWC

by DWC Team on June 20, 2008

SAN DIEGO — Veteran real estate and asset management executive John A. Waters has joined Douglas Wilson Companies as chief operating officer.

Company President Robert Richley said Waters will oversee DWC’s real estate and workout operations in the company’s four offices in San Diego, San Francisco, Atlanta, and Orlando.

Before coming to the diversified real estate services and development firm, Waters had been senior vice president for Gerrity International in Hong Kong where he oversaw property management, accounting and marketing functions for a wide range of operating companies. Prior to that, he served as senior vice president for New Plan Excel Realty Trust, supervising asset management activities for 29 retail centers, comprising 5.5 million square feet, in California, Arizona, Nevada and Colorado. His career also includes senior management positions with National Retail Partners, LLC, Burnham Pacific Properties, and The Hahn Company.

A graduate of Western State University School of Law, Waters is a member of the California State Bar as well as the International Council of Shopping Centers.

Waters and his wife, Rita, have a daughter and reside in San Diego.

“John has an outstanding management background that will greatly enhance our capacity to serve our clients,” Richley said.

Company founder and CEO Douglas Wilson said bringing Waters on board to work with Richley is in response to the company’s enormous growth.

“Our senior-level leadership has been expanded to help us accommodate the increasing demand for our workout, development and problem resolution services nationwide,” Wilson said. “John and Bob (Richley) are heading the team that will enable us to serve existing and new clients however and wherever they may be.”

Founded in 1989, San Diego-based Douglas Wilson Companies is one of the largest firms of its kind, providing a wide range of specialized business and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners nationwide. Services include workout and problem resolution, crisis/force majeure response, asset management, consulting, business planning, receivership, development, entitlement, and construction management. To date, the company has provided receivership services in over 475 matters, involving assets totaling more than $5 billion.

The company’s real estate development division built the $60 million Parkloft condominium complex in San Diego’s East Village in 2002 and The Mark, a $155 million, 33-story condominium tower, completed in 2007.