The Vue is a 318 unit, 15 story luxury condominium tower on the San Pedro waterfront. The largest waterfront development in Old Town San Pedro, the building has views of the harbor and upscale amenities like concierge service and a helicopter pad.
Douglas Wilson Companies (DWC), agent for Receiver, was tasked to maintain and protect the value of the property.
DWC was responsible for maintaining leasing operations for 294 units, investigating the possibility of continuing a sales program and representing the Declarant’s interest in the Homeowners’ Association (HOA). During the time of the Receiver’s possession, a marketing program was instituted to increase the leasing program and maximize the property’s income. Additionally, through the HOA Board, the Receiver assisted in the investigation of various outstanding property -related Letters of Credit.
Sold at Trustee sale.
Superior Court of the State of California, Los Angeles County
San Pedro, 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