173 lots, single family houses, condominiums and town houses in various stages of construction in 16 subdivisions across three counties in South Carolina.
Douglas Wilson Companies (DWC), agent for Receiver, was charged to secure and preserve the houses and lots.
DWC managed the general upkeep of the properties, secured and controlled access to the finished houses and addressed environmental issues such as erosion control and water intrusion. The company reconciled outstanding liabilities associated with the properties such as property taxes and Association regime fees. DWC fielded and negotiated all offers to purchase property in the portfolio.
The lender foreclosed on the property and the Receiver was discharged.
Circuit Court in Greenville County, South Carolina
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.
1620 Fifth Avenue
San Diego, California 92101