Douglas Wilson Companies' Summer 2013 Newsletter

Las Vegas
San Diego
San Francisco
Washington, D.C.
SPECIALIZED
SERVICES
Receiverships
Trustee
Brokerage & Disposition
Referee
Forensic Accounting
Due Diligence
Court Appointed Fiduciary
Special Master
Asset Repositioning
Asset/Property Management
Resort/Hotel Management
Golf Course Management
Liquidating Trustee
Bankruptcy Examiner
Expert Testimony
Highest and Best Use Analysis
Mediation
Development Services
Land Entitlements
Douglas Wilson Companies (DWC)
has recently been selected as the courtappointed
Construction Defect Trustee as
part of the Chapter 11 Plan of Reorganization
for a large regional homebuilder. The
Construction Defect Trust was set up to
compensate homeowners with Construction
Defect Claims as part of the court-approved
reorganization. DWC will administer the
remaining claims from construction defect
litigation and coordinate with various
insurance carriers to ensure successful
resolution of all claims.
As the economy continues to improve, it
bears mentioning that there are – and will
continue to be – issues that require the
steady hand of a third-party fi duciary. With
its many complexities, bankruptcy is an
area that often requires the varied, highly
specialized skills DWC’s team possesses
– restructuring, forensic accounting,
liquidation of special assets, Trustee and
Off-Panel Trustee expertise, etc.
1620 5th Avenue
DWC: ON THE MOVE
SUMMER 2013
NEWSLETTER
DWC APPOINTED CONSTRUCTION DEFECT TRUSTEE
IN MAJOR REGIONAL BANKRUPTCY CASE
Over the past 24 years, DWC has served
in various court-appointed roles for highprofi
le, complex litigation and bankruptcy
matters including: Tri-National (Chapter
11 Trustee), McCar Homes (Liquidating
Trustee), Burnham Pacifi c Properties REIT
(Liquidating Trustee), Protron Digital
(Trustee), Tim-Jon (Successor Trustee),
Norman vs. Norman (Special Master),
Equipoint Financial (Accountants for OCC),
Carlsbad Raceway (Liquidating Agent), Air
Fiber (Assignee – ABC), and Super Shops
Bankruptcy Portfolio (Consultant).
Douglas Wilson Companies (DWC) is excited to announce it
has moved its headquarters, as of July 1, 2013, to a property
that it owns and manages – 1620 Fifth Avenue, Suite 400, in
downtown San Diego, CA 92101.
DWC’s newly renovated, 10,000-square-foot creative
offi ce space features elevated ceilings and an open fl oor
plan designed to encourage collaboration among team
members. The open-plan offi ce also provides fl exible event
space for DWC-hosted networking functions and features a variety of unique amenities –
foosball, shuffl eboard, etc. – to promote teambuilding, enhance employee satisfaction and,
ultimately, increase productivity. In addition, DWC will have high-visibility building top
signage on the building which fronts Interstate 5.
-CONTINUED INSIDE
Problem Resolution & Fiduciary Services | Real Estate & Construction Services | Brokerage Services

SUMMER 2013
N EWSLETTER
“...DWC’s
history of
community
involvement
and longstanding
relationships
ensure that
we can deliver
projects on
time and on
budget,.”
-Douglas
Wilson
REGIONAL HOMEBUILDER ENGAGES DWC
TO PROVIDE PRE-DEVELOPMENT SERVICES
Douglas Wilson Companies (DWC) has been engaged by a regional homebuilder to provide due
diligence and pre-development services in the acquisition of land for future homebuilding sites.
This marks the latest third-party development assignment in DWC’s long history, and comes
at a time when DWC is expanding its traditional real estate services – development, brokerage
services, and asset management.
Over the past 24 years, DWC’s senior-level development professionals have utilized their
signifi cant, broad-based experience – multi-family, hospitality and resort, mixed-use, industrial,
offi ce, retail, single-family residential, etc. – to provide third-party development services to fi rms
locally, regionally, and nationally.
“Development requires strong, collaborative working relationships with various stakeholders and
elected offi cials, and DWC’s history of community involvement and long-standing relationships
ensure that we can deliver projects on time and on budget,” stated Douglas Wilson, Chairman
and CEO of DWC. “Th ese relationships combined with our diverse development expertise and
principal development experience make us ideally suited to off er third-party services.”
NOTABLE SAN DIEGO
PROJECTS INCLUDE:
Symphony Towers, a 1.2 million square foot,
two-tower hotel and offi ce complex
The Mark, a $155 million, 33-story mixeduse
luxury condominium complex
Parkloft, a $60 million, 120-unit awardwinning
loft building adjacent to the San
Diego Padres’ Petco Park
NOTABLE NATIONAL
PROJECTS INCLUDE:
Half Street, a 400,000 square foot Class A
offi ce building near the Washington Nationals’
ballpark in Washington, D.C.
China Basin Landing, a 675,000 square
foot offi ce complex on the San Francisco
Bay waterfront, adjacent to the San Francisco
Giants’ AT&T Park
National Oceanic and Atmospheric
Administration (NOAA) HQ, a 268,000
square foot state-of-the-art building in
Maryland

DWC’S BROKERAGE TEAM NEGOTIATES
LARGE OFFICE LEASE
Douglas Wilson Companies’ (DWC) Brokerage Division is
pleased to announce that RBC Wealth Management (RBC) has
signed a new, long-term lease at 655 West Broadway – a Class
A offi ce building located on the “West Side” of downtown San
Diego that offers spectacular views of San Diego Harbor and the
Pacifi c Ocean.
The total lease consideration for RBC’s new 8,826-square-foot,
10th-fl oor offi ce was $2,148,954. Tom Olson, Managing Director
of Brokerage Services, represented RBC on the transaction, and
has recently represented RBC on 4 other lease transactions in
San Diego County. Over his career, Mr. Olson has completed
over 1,200 lease transactions representing in excess of 4 million square feet of space.
655 West Broadway
In addition to representing tenants and building owners in complex lease transactions, DWC’s
seasoned Brokerage Division is uniquely qualifi ed to sell various types of performing and
non-performing specialty assets – offi ce properties, industrial facilities, mixed-use urban
properties, hotels/resorts, open land, operating businesses, quarries, etc. DWC has also
successfully handled note sale assignments for many of the nation’s largest banks.
DWC’s veteran Brokerage Division is led by Tom Olson and Alan Scott. To view recent sales
and a complete list of available properties, visit DWC online.
PROFESSIONAL HIGHLIGHT: 2013 YOUNG INFLUENTIALS
DWC is pleased to announce that Nicholas Wilson, Director, has been selected by the San
Diego Daily Transcript (SDDT) as a 2013 Young Infl uential. The SDDT’s Young Infl uential
awards recognize professionals who are making an impact in business and their community.
DWC: ON THE MOVE CONTINUED...
Moreover, DWC’s move into the building complements the overall management and
repositioning strategy for the property. Under DWC’s management, a variety of green
initiatives and Energy Conservation Measures (ECMs) have been implemented, including
heat pumps, low wattage lighting systems and web-based controls to tie in with our new
building management system. DWC is exploring additional ECMs such as variable frequency
drives, occupancy sensors, and high-effi ciency window fi lms to reduce heat gain. All of the
ECM’s employed will dramatically improve tenant comfort as well as reduce operating and
occupancy costs of the building.
Due to responsive management, aggressive marketing, the above green initiatives, and
various signifi cant capital improvement projects, leasing activity at the property has greatly
outperformed comparable buildings in downtown San Diego over the past 19 months. Since
October 2011, 19 leases have been signed totalling roughly 34,000 SF and 42% absorption,
bringing total occupancy to 82%, in a submarket that has remained essentially fl at during
that same period (leasing statistics courtesy of NAI San Diego). Also, DWC is in negotiations
with potential tenants for an additional 7500 SF, or 10%, of space in the building.
Las Vegas
330 E Warm Springs Road
Suite B43
Las Vegas, NV 89119
San Diego
1620 Fifth Avenue
Suite 400
San Diego, CA 92101
San Francisco
50 California Street
Suite 1500
San Francisco, CA 94111
Washington, D.C.
1200 G Street NW
Suite 800
Washington, DC 20005
For More Information:
Scott Thorn
Managing Director
sthorn@douglaswilson.com

Douglas Wilson
Chairman & CEO
dwilson@douglaswilson.com
NEWSLETTER
Dear Friends,
DWC remains busy with workout assignments
and is confi dent that we are well positioned to
take advantage of the opportunities afforded by
the improving real estate market.
In the near-term we believe the volume of
non-performing debt will continue to subside
and the overall number of problem resolution
assignments in the market will decrease. As a
result, a great number of the fi rms that temporarily
provided workout services during the depths of
the recession have already shifted their business
models to pursue other opportunities – and we
expect others to follow suit. DWC, however,
will never stray from our core focus on providing
specialized problem resolution to the various
entities and individuals we serve, as there is a
need for these services even in the most robust
economic times.
On the real estate services side of the business,
we are encouraged by the steady uptick in deal
fl ow over the past six months. Moving forward,
we are actively pursuing principal acquisition
and development opportunities throughout
the Western United States, continuing to grow
our brokerage division, and expanding our
development services platform.
Sincerely,
INSIDE
Construction Defect Trustee Appointment
Develpoment Services Project
New Address
Brokerage Group Update
Douglas P. Wilson
www.douglaswilson.com
619.641.1141
1620 Fifth Avenue, Suite 400
San Diego, California 92101