An 18 hole Robert Trent Jones golf course surrounded by 237 home sites in Rancho Santa Fe, California.
Due to a partnership dispute, Douglas Wilson Companies (DWC), agent for Receiver, was tasked with sales and distribution of property, as well as legal defense support of the Club partnership’s interest in two lawsuits.
Over a five year period, DWC sold club property and credited the proceeds to payment of the partnership’s debts. DWC also supported the defense in the partnership’s interests in multiple law suits. DWC preserved the property entitlements, maintained the facilities and coordinated the release of $9 million in subdivision improvement security. In order to prompt the sale of the property, DWC conducted a robust marketing campaign, which included a comprehensive due diligence package for prospective buyers.
DWC executed the sale of the property for $21 million at public auction.
Horizon Country Club
Superior Court of the State of California, San Diego County
Rancho Santa Fe, CA
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