This gated condo conversion property located in Vallejo, California consists of 80 multi-family residential units, swimming pool, laundry facility and large open space grass areas.
Douglas Wilson Companies (DWC) was charged with oversight of day-to-day operations while under the receivership until the foreclosure date.
Post-foreclosure, DWC was retained as a consultant and responsibilities included day-to-day operations as well as a marketing campaign to sell the property in bulk. The property was under a LOI within 60 days of the foreclosure and closed less than 30 days later in an all cash deal.
Property was sold.
Superior Court of the State of California, Solano County
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