Villa Real is a 163 unit apartment complex located on 10 acres in Carlsbad, California.  Amenities included a pool, tennis court, racquet ball court, gym, dry sauna, pool table, ping pong table and RV storage area.

Project Description

Douglas Wilson Companies (DWC), agent for Referee, was charged with maintaining, preserving and eventually selling the asset.

Scope of Work

The Referee coordinated with the property management company on the day-to-day activities. The Referee also oversaw roof repairs, slab repairs, extensive soils testing and monthly distributions to the partners. Per the court’s order, DWC engaged Cushman and Wakefield to market and sell the property.

Project Resolution

The property was sold and the Referee was discharged.

Project Name

Mildred McKerney Estate (Villa Real)


Superior Court of the State of California, San Diego County


San Diego, CA

Service Provided

    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
    Suite 400
    San Diego, California 92101


    (619) 641-1141