Successor in assets of a publicly traded Real Estate Investment Trust (REIT).

Project Description

Burnham Pacific Properties delisted from the New York Stock Exchange (NYSE) and transferred its remaining assets and liabilities to the BPP Liquidating Trust. Douglas Wilson was named Co-Trustee and charged Douglas Wilson Companies (DWC) with performing an orderly liquidation of the trust and assets.

Scope of Work

DWC’s liquidation of the Trust included completing the sale of the remaining real estate assets, collecting receivables on the entire portfolio, managing outstanding litigation and settling unsettled liabilities of the Trust.

Project Resolution

The liquidation was completed and remaining funds were distributed to investors.

Project Name

Burnham Pacific Properties

Client

Douglas P. Wilson

Location

Nevada

Service Provided

    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    info@douglaswilson.com