On February 6, 2012, Douglas P. Wilson was appointed as Receiver of Victorville Pavilion.

Located in Victorville, CA, the center has approximately 24,500 square feet of retail space and currently hosts tenants such as Chipotle Mexican Grill and The Vitamin Shoppe.

Robin Gaglione

Douglas Wilson Companies is pleased to announce that Robin Gaglione, Assistant Controller, passed the Certified Financial Forensics exam (CFF). The CFF credential is granted exclusively to CPAs who demonstrate considerable expertise in forensic accounting through their knowledge, skills, and experience.

Congratulations Robin, we appreciate all your hard work.

On February 2, 2012, Douglas P. Wilson was appointed as Receiver of VTE Philadelphia, raw land in Pennsylvania.

Douglas Wilson Companies looks forward to participating in IMN’s 9^th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing January 18^th-20^th at the Montage Resort & Spa in Laguna Beach, CA.

Please join Douglas Wilson, Robert Richley, Scott Thorn, Nicholas Wilson, and Rexanne Dayes from our team onsite at the event. Doug will be participating in Thursday’s Receiver’s Perspective Panel at 12:15PM, as well as Friday’s Special Servicer/Special Asset Manager Panel at 10:00AM.

If you would like to arrange a meeting with anyone from the DWC team during the Winter Forum, please click here. Please visit our exhibit booth onsite and say hi and pick up a personalized luggage tag. We look forward to seeing you at the event!

Click here for additional details on the Winter Forum on Real Estate Opportunity & Private Fund Investing.

On November 14, 2011, Douglas P. Wilson was appointed as Receiver of the JW Marriott Starr Pass Resort in Tucson, Arizona.

The four star, four diamond, full service hotel features 575 rooms and suites, 4 dining options, 50,000 square feet of meeting space, a full service spa, and a 27-hole Arnold Palmer designed golf course.

On October 17, 2011, Douglas P. Wilson was appointed as Receiver of the Eisenhower Lane in Alexandria, Virginia. The project consists of a 113,026 square foot vacant building and approximately 2.9 acres of vacant land.

On August 2 2011, Douglas P. Wilson was appointed as Receiver of Royal Gorge, one of North America’s largest cross country ski resorts, with the task of preserving and operating the ski resort and Rainbow Lodge bed & breakfast with the goal of eventually selling the property.

This property faces a unique challenge in that it is integrated with other non-receivership properties and operations. The first task is to segregate the operations while not disadvantaging either the receivership or non-receivership businesses. Tremendous coordination and cooperation is necessary between the Receiver and property owner, and DWC has been successful in establishing good working relationships with the property owner to achieve this.

DWC has prior successful experience with lodging and resort properties, including ski/winter sport resorts such as Tamarack, a 7,000 acre four-season resort and residential community with skiing, snowboarding, golf, white-water rafting & boating; Shanty Creek a 4,500 acre golf resort with 3 hotels, 4 golf courses, 2 ski mountains, a convention center and hundreds of condominiums and custom home sites; and Wigwam Resort & Spa, a 500-acre resort and spa with 331 rooms, three 18-hole golf courses, tennis courts, award winning dining and 43,000 square feet of meeting space.

DWC’s broad talent pool and business infrastructure has the depth to properly and efficiently manage and address the receivership and property operating needs. DWC’s brokerage group, which is engaged to sell the property, has a long successful track record of success, with over 2 billion dollars in closed transactions and more than 95 combined years of experience in the business. The team also has extensive experience handling sales that are subject to court approval. The team has taken well over fifty sales to court for approval and never had a sale disapproved by the court.

DWC’s goal is to operate the receivership businesses through a successful 2011-2012 ski season, maintain the resort’s high profile in the community in a strong positive light, and market, sell and close the sale of the property at a healthy value sometime mid-2012 or sooner.

Jordan Beal, Esq.

Douglas Wilson Companies is pleased to announce that Jordan Beal, Director of Legal Affairs, is a finalist in the San Diego Daily Transcript’s 2011 Power of Attorney Awards. The Transcript conducts a peer nominated process to determine the best in-house corporate Counsel in San Diego County who exemplify leadership, dedication and achievement, community involvement and commitment to diversity in the profession. Click to view Jordan’s profile and a full listing of the finalists at the San Diego Daily Transcript website.

Congratulations Jordan, we appreciate all your hard work.

On September 14, 2011, Douglas P. Wilson was appointed as Receiver on 7.68 acres of land in Chicago, Illinois.  And on September 20, 2011, Douglas P. Wilson was appointed as Receiver on a 12,960 square foot land parcel in Seattle, Washington.

On August 5, 2011, Douglas P. Wilson was appointed as Receiver of Tuscan Cliffs, a luxury residential community in Las Vegas. Additional details regarding the scope of the project and future plans are outlined below.

The property consists of a partially completed high-end, gate-guarded residential subdivision planned for 155 single family homes known as Tuscan Cliffs, located within the Southern Highlands master planned community, and approximately 16.5 acres of raw undeveloped land known as Sierra Madre.

The scope of the Order is to secure, preserve and manage the receivership property. This will include continuing maintenance services (utilities, landscape, pool, security, etc.), serving on the HOA Board for the neighborhood, reviewing the project’s obligations to the Master Association, evaluating the status of permits and entitlements, as well as preserving any permits and entitlements providing value to the property, reviewing encumbrances on title and making recommendations for their disposition, and determining if any portion or all of the property could and/or should be sold.

The subdivision was planned to present two product lines:

• Tuscan Cliffs, on the lower 111 lots of this terraced property, consists of one completed and furnished model home ready for sale (“Lot 5”) and 77 improved lots. Thirty-one (31) of the Tuscan Cliffs lots were built and sold by the Defendant prior to the Receiver’s appointment and are outside of the receivership estate.
• The Bluffs, on the upper 44 lots with spectacular views of the Las Vegas Strip, consists of three unfurnished model homes that are approximately 95% complete, one partially constructed production home, 27 improved lots and 13 partially improved lots. Base square footage of the homes range from approximately 5800 to 6450 SF.