A residential development of 13 nearly completed single family homes, 44 finished lots and a Caltrans Park and Ride in El Cajon, California.
Douglas Wilson Companies (DWC) was tasked to manage, maintain, market and sell the 13 homes.
DWC secured and stabilized this property by implementing a security service, resuming landscape irrigation and maintenance and bringing erosion control measures into compliance. DWC coordinated the completion of the Caltrans Park and Ride and took steps to secure the release of subdivision improvement security bonds. DWC also entered into and finalized negotiations to sell the remaining 44 finished lots to a local buyer.
The property was sold and the Receiver was discharged.
Granite Hills Village Development
Superior Court of the State of California, San Diego County
El Cajon, 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