June Events

by admin on June 1, 2017

Downtown San Diego Partnership (DSDP) – June 16
DSDP is hosting is 24th Annual Golf Tournament at Coronado Municipal Golf Course in Coronado, California. Douglas Wilson and Michele Vives are participating.

Pacific Coast Builders Conference (PCBC) – June 27-29
PCBC is holding its Pacific Coast Builders Conference in San Diego, California. This event showcases various products and systems in the real estate agents industry; Nicholas Wilson will be in attendance.

Spring 2017 Newsletter

by admin on May 27, 2017

This article is featured in the Spring 2017 Newsletter. To view the full newsletter click here.

From high profile ski resorts, hotels and golf courses, to tomato farms and lumberyards; from outlet malls and mega-retail centers, to condos and Class A office towers … Brad Ebright and Terry Plowden have seen it all.

John L. Morrell, PresidentScores of court-appointed fiduciary assignments – and all that comes with them – have landed on their desks since the early days of DWC back in 1991. Through diligence and professionalism, they have effectively managed hundreds oftentimes contentious, cases with favorable outcomes.

“Having two such high quality professionals with our firm for 25 years underscores the character and integrity of the organization,” says Doug Wilson in reflecting on the careers of Brad and Terry. “They’ve handled some of our trickiest cases and are still in the thick of it.”

We asked Terry and Brad to pick their most challenging assignment over the past 25 years.

Here’s what they said:

Brad:

NOAA FacilityHands down, the most complex and interesting project I’ve worked on over the past 25 years involved the completion of construction of a 270,000 square foot built-to-suit office and research facility for NOAA, the National Oceanic and Atmospheric Administration, located adjacent to the University of Maryland campus. The property’s developer handed the keys back to its lender mid-construction and walked away. As receiver, we settled over 100 mechanic’s liens, resolved the existing lease dispute with the General Services Administration, hired a qualified contractor and, with funding from the lender, completed the construction of the Level 4 security building.  This project required weekly travel to the East Coast over 18 months. It was rewarding to see the building resurrected from its dormant state to being complete and functioning as designed.

Terry:

Sweet Water VistasThe most challenging project I’ve worked on in 25 years at DWC is the one I’m working on right now. We acquired the unimproved 52-acre Sweetwater Vistas site nearly three years ago. Located in the community of Spring Valley, an unincorporated area of San Diego County, we are nearing the end of a lengthy process of re-entitling this former destination resort site for 218  multi-family residences. Working in concert with County planners and State and Federal Wildlife Agencies, we have committed to place 28 acres of the property into biological open space. We have also worked closely with the Spring Valley Community Planning Group and nearby residents in an effort to arrive at a development plan responsive to community concerns. We are on our way to the Planning Commission this fall and the Board of Supervisors for final approval this winter.

This article is featured in the Spring 2017 Newsletter. To view the full newsletter click here.

As part of DWC’s strategic foray into the business of senior living development, DWC is thrilled to announce the breaking ground of its first assisted living and memory care project.

“This kind of development feels good to me,” says Doug Wilson of his 4.5-acre site set to break ground later this month for highly amenitized senior housing in the city of Chula Vista.

The company’s pursuit of upcoming senior living projects stems from our realization of a strategic opportunity based upon growing demographics and investor demand. It is often cited that 10,000 baby boomers are turning 65 each day, and in the coming decades, DWC is committed to developing residences that will house and help care for this growing population.

“We’ve been researching the senior residential business for years, and we recognize the huge wave of demand on the immediate horizon. We are proud to partner with a first-class, experienced operator, Milestone Retirement Communities, LLC, on what we plan will be just the first of our new ventures in the senior housing market.”

Located on one of the final pieces of developable land in Chula Vista’s Otay Ranch (Village V), the DWC senior living community will offer 111 units of contemporary living, including 85 apartments for assisted living and 26 units for memory care.

Designed in California Heritage architecture, the complex will include state-of-the-art amenities and services, including a 7 am to 7 pm full-service, white tablecloth restaurant, outdoor dining, community gardens, courtyards, bistro and juice bar, library, fitness area, reading and game rooms, beauty and barber shops, and a regularly scheduled onsite Nurse Practitioner. Completion is scheduled for mid-2018.

Welcoming Acclaimed Attorney John Morrell as President of Douglas Wilson Companies

May 27, 2017

This article is featured in the Spring 2017 Newsletter. To view the full newsletter click here. For the past 20 years, our friend and colleague, John Morrell, has led the venerable law firm, Higgs Fletcher & Mack, as its Managing Partner and Chairman. Under his leadership, San Diego’s oldest law firm, HFM, has grown to become […]

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DWC’s Single Family Home Project – Monterey Place in Chula Vista – in Final Phase

May 27, 2017

This article is featured in the Spring 2017 Newsletter. To view the full newsletter click here. Just five months after the grand opening of the 23-home Monterey Place neighborhood in Chula Vista, the project is nearly sold out. With just 5 homes to sell, this infill neighborhood represents the diversity of expertise that Douglas Wilson Companies […]

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Connecting: DWC Team on the Move

May 27, 2017

This article is featured in the Spring 2017 Newsletter. To view the full newsletter click here. Doug Wilson has reconnected with Symphony Towers, the 1.2 million square-foot city block he developed in the late 1980s, as co-chair of The University Club. Doug Wilson has also been invited to join the University of California San Diego Real Estate […]

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Announcing DWC’s Otay Ranch Senior Living Project

May 12, 2017

“We are very attentive to the uptick in the senior living market and are dedicated to committing the resources necessary to develop a successful senior living portfolio” – Douglas Wilson Financing secured for 111-bed Otay Ranch Senior Housing Douglas Wilson Companies and Milestone Retirement Communities have secured over $8.3 million of institutional equity capital, as […]

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Douglas Wilson Companies Names John Morrell as President

May 8, 2017

Signaling the expansion of its national fiduciary, advisory and real estate platforms, Douglas Wilson Companies (DWC) has appointed John Morrell as President. A business attorney with over 30 years of experience in insolvency and commercial law, Morrell has spent the past 20 years as Managing Partner and Chairman at San Diego-based Higgs Fletcher & Mack, where he will […]

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May Events

May 1, 2017

Urban Land Institute (ULI) – May 2-4 ULI is holding its Spring Meeting in Seattle, Washington.  Douglas Wilson will be attending. South County Economic Development Council (SDEDC) – May 4 SDEDC sponsored a bus tour of San Ysidro, California exploring the demographics and potential revitalization of the San Ysidro community.  Nicholas Wilson is attending. Gensler – May […]

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