63 single family homes, 39 townhomes and 74 vacant lots in ten different subdivisions throughout Georgia.
Douglas Wilson Companies (DWC), agent for Receiver, was tasked to secure, manage, and maintain the homes and lots.
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 any outstanding liabilities associated with the properties such as property taxes and Association regime fees. DWC assisted the bank during the foreclosure process including facilitating appraisals and reconciling expenses.
The Receiver was discharged.
Superior Court of Fulton County, Georgia
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.
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