173 lots, single family houses, condominiums and town houses in various stages of construction in 16 subdivisions across three counties in South Carolina.
Project Description
Douglas Wilson Companies (DWC), agent for Receiver, was charged to secure and preserve the houses and lots.
Scope of Work
DWC managed the general upkeep of the properties, secured and controlled access to the finished houses and addressed environmental issues such as erosion control and water intrusion. The company reconciled outstanding liabilities associated with the properties such as property taxes and Association regime fees. DWC fielded and negotiated all offers to purchase property in the portfolio.
Project Resolution
The lender foreclosed on the property and the Receiver was discharged.
Project Name
Poinsett Homes
Client
Circuit Court in Greenville County, South Carolina
Location
South Carolina
