A 240 unit apartment complex located in Colorado Springs, Colorado.

Project Description

Douglas Wilson Companies (DWC), agent for the Receiver, was tasked with oversight and operation of the multi-family complex.

Scope of Work

Throughout the receivership, DWC made significant improvements to the property’s physical and aesthetic condition, maintaining occupancy at 80% throughout the process.  DWC also conducted a comprehensive audit of the property’s lease files and implemented cash controls.

Project Resolution

Ultimately, DWC preserved the asset, allowing the borrower to cure the loan with the sale of the property.

Project Name

Sunset Ridge

Client

District Court of El Paso County, Colorado

Location

El Paso County, CO

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