Douglas Wilson Companies' Fall 2012 Newsletter

FALL 2012
NEWSLETTER
“You need
a seasoned
team who can
investigate a
wide range
of issues -
insurance,
entitlements,
etc. - and
work
proactively to
fi nd solutions.”
-Douglas
Wilson
DWC STRENGTHENS ITS ASSET MANAGEMENT DIVISION
DWC is pleased to announce that veteran real estate executive Thomas K.
Wright recently joined the company’s San Diego offi ce. Wright will manage a
growing portfolio of commercial real estate including the very active 1620 5th
Avenue – a 9-story, 80,320 square foot offi ce building located in Downtown
San Diego.
Douglas Wilson, Founder and Chief Executive Offi cer of DWC, stated that
adding Wright to the team is part of the company’s long-term strategy for
growth. “With the economy showing signs of recovery and the real estate
market beginning to stabilize, we feel that now is the time to expand our asset
and property management capabilities so that we are positioned for continued success,” said
Wilson, whose company has managed a portfolio of over 26.5 million square feet of commercial
space throughout the United States. “We are extremely pleased to have a senior-level professional,
and true industry leader like Tom join our team. His leadership and experience will undoubtedly
be a tremendous asset to our clients and DWC.”
Phil Brumley
POISED FOR GROWTH,
DWC EXPANDS ITS TEAM
DWC SOLIDIFIES ITS POSITION AS THE LEADER IN
AGRICULTURAL INDUSTRY RECEIVERSHIPS
Joining DWC as managing director of the agricultural division, Phil Brumley
brings over 30 years of experience in agricultural lending, appraisal, farming,
and consulting. Brumley is an expert on various forms of production
agriculture including fruit and nut crops, dairies, beef cattle, row crops and
fi eld crops – as well as processing facilities.
According to Douglas Wilson, the addition of Brumley “solidifi es DWC’s
position as the leader in agricultural receiverships.” DWC’s vast experience
in agricultural receiverships has included a coconut tree plantation in Oahu,
HI; a tomato farm in Oceanside, CA; an almond orchard in Merced, CA; avocado groves
and lemon groves in Valley Center, CA and a citrus grove in Visalia, CA.
LAX RADISSON CONTINUED...
Tom Wright
Immediately after taking over as Receiver, DWC engaged Prism Hotels & Resorts as the
management company to stabilize hotel operations. Moving forward, DWC will be developing
a detailed business and disposition plan that will include an analysis of the timeline and cost of
fi nishing the 2,700-space parking structure.
Douglas Wilson, whose fi rm has provided operational oversight for numerous hotels and
resorts in receivership throughout the United States, highlighted the complexity of the process.
“With a hotel or resort, you have to look at all aspects of the property and business operations
concurrently,” stated Wilson. “You need a seasoned team who can investigate a wide range of
issues – insurance, liens, entitlements, etc. – and work proactively to fi nd solutions.”