A four star, four diamond and full service hotel property located atop the fashionable Nob Hill area of San Francisco, California. Stanford Court consists of an eight story building with 393 rooms, a multi purpose restaurant/lounge, a health/fitness facility, a V.I.P. Club lounge, 12,000 square feet of meeting space and a 110 space parking garage.
Douglas Wilson Companies (DWC), agent for Receiver, was tasked to take possession of this hotel and parking garage.
DWC was responsible for the oversight of Marriott management including successful efforts to reduce operating costs and increase revenue. In addition, DWC completed hotel renovations and negotiated settlements and release of mechanics’ liens with the general contractor and key subcontractors.
Receiver was discharged.
Superior Court of the State of California, San Francisco County
San Francisco, 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