December 2015

Monterey Place Acquisition

by DWC Team on December 14, 2015

Monterey Place LLC, with Douglas Wilson Companies as its managing member, Acquires Land Parcel, for Single-Family Housing Development

Monterey Place LLC, with Douglas Wilson Companies (DWC) as its managing member, is pleased to announce the acquisition of a 3.9-acre land parcel in San Diego County that is slated for development of 23 entry level, single family homes.

The west Chula Vista, Calif. property is the former site of Concordia Lutheran Church and School in a single-family residential neighborhood just three miles from the bayfront. The Chula Vista bayfront is currently undergoing a major redevelopment into a thriving residential and world-class waterfront resort destination that will attract new residents and visitors to the area.

Groundbreaking for Monterey Place is scheduled for December with production homes to be delivered in the second quarter of 2016. The project includes 23 two-story single-family homes with two floor plans of four- and five-bedrooms, ranging from 1,708 square feet to 1,973 square feet on 5,000 square-foot lots.

Monterey Place is well located with easy access to downtown San Diego in the rapidly growing Chula Vista area. DWC utilized its expertise in residential development as well as knowledge of the San Diego market to envision for the site that will meet the needs of a growing homeowner demographic.

“This infill site is well positioned in the established community of west Chula Vista, we anticipate strong demand for these detached entry level homes” said Douglas Wilson, Chairman and CEO. “We are excited to continue to grow our presence in the County of San Diego with our recent and planned future acquisitions.”

DWC has engaged Bennion Deville Homes to handle sales and marketing, with Rosemary Snow and Alex Wilson leading the effort.  http://rsnow.bdhomes.com

 

Fall 2015 Newsletter

by DWC Team on December 7, 2015


Upcoming Events: December 2015

by DWC Team on December 1, 2015

Please join members of the DWC team for the following December events:

Turnaround Management Association (TMA) and LA Bankruptcy Forum — December 7
Douglas Wilson will be attending the Turnaround Management Association (TMA) and LA Bankruptcy Forum’s Holiday Party in Los Angeles, CA, December 7.

San Diego Bankruptcy Forum (SDBF) — December 10
Please join Douglas Wilson and Nicholas Wilson for the San Diego Bankruptcy Forum’s (SDBF) Annual Judges’ Roundtable and presentation of the Ross. M. Pyle Career Achievement Award in San Diego, CA, December 10.

Burnham-Moores Center for Real Estate — December 10
Burnham-Moores Center for Real Estate will be hosting their 15th Annual Residential Real Estate Conference: Outlook 2016 in San Diego, CA, December 10.

Downtown San Diego Partnership (DSDP) — December 10
Nicholas Wilson will be attending the Downtown San Diego Partnership (DSDP) Holiday Celebration in San Diego, CA, December 10.

CRE Finance Council (CREFC) — January 11 – 13
Please join Douglas Wilson and Nicholas Wilson for the CRE Finance Council’s (CREFC) January Conference in  Miami Beach, FL, January 11 – 13