Highland Park West, Washington, DC

The Highland Park West Portfolio consists of two adjoining residential buildings in Washington, D.C., with approximately 373 multifamily rental units and several ground-floor retail tenants. Situated next to the Columbia Heights Metro Station, the property offers convenient access to a variety of nearby shops, restaurants, and entertainment options.

Project Description

Douglas Wilson Companies (DWC), agent for Receiver, was appointed to take possession and control of the property and receivership estate, oversee operations and management, collect rents, maintain the premises and preserve the value of the assets.

Scope of Work

At the time of the initial takeover, there were no financial records in place and only limited operational information available. DWC was tasked to perform a full forensic accounting review and reconstruct the property’s books to establish accurate financial reporting. Working with a newly implemented management company, DWC developed and maintained fresh financial records to ensure transparency, stability, and effective oversight going forward.

Project Resolution

The project is currently ongoing.

Learn more about DWC’s court-appointed receiver services.

Project Name

Highland Park West

Client

Superior Court of the District of Columbia, Civil Division

Designation

Douglas P. Wilson, Receiver

Location

Washington, DC

Service Provided

Receivership

    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