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.
Project Description
Douglas Wilson Companies (DWC) was charged with monitoring sales and leasing activities of the project.
Scope of Work
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.
Project Resolution
DWC executed the tasks as allotted, including the successful sale of all units.
Project Name
Met 1
Client
Douglas P. Wilson
Location
Miami, FL
