A newly developed 447 unit luxury high rise condominium tower in Miami, Florida with 277 unsold units that are part of a rental/leasing program.
Douglas Wilson Companies (DWC) was charged with monitoring sales and leasing activities of the project.
DWC was retained by the Agent bank (with complete consent of the bank group) to oversee the developer in a loan work out plan. DWC was charged with evaluating budgets, evaluating and overseeing the condominium rental program, monitoring leasing/sales activities, and other oversights and inspections as warrented. DWC was responsible for monitoring monthly operating statements, financial budgets and reports, projections, expenditures and other similar items.
DWC executed the tasks as allotted, including the successful sale of all units.
Douglas P. Wilson
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