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.
Project Description
Douglas Wilson Companies (DWC), agent for Receiver, was tasked to maintain and protect the value of the property.
Scope of Work
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.
Project Resolution
Sold at Trustee sale.
Project Name
The Vue
Client
Superior Court of the State of California, Los Angeles County
Location
San Pedro, CA
