A five star luxury resort with 286 guest rooms, extensive meeting and banquet facilities, spa and tennis club located in the California foothills overlooking Palm Springs, the Coachella Valley, and the San Jacinto mountain range.
Douglas Wilson Companies (DWC) provided consulting, receivership and bankruptcy services required to transfer the assets of the Ritz Carlton.
DWC performed a comprehensive financial analysis, developed, and implemented business and cash management plans. During the eight month ownership transition period, DWC provided oversight and management services for the resort’s day-to-day operations. In addition, DWC coordinated the transfer of title and liquor licenses to the new owner.
Ultimately, the hotel was sold.
Ritz Carlton Rancho Mirage
Douglas P. Wilson
Rancho Mirage, 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