Douglas Wilson Companies (DWC) has been appointed receiver for the 38-unit Barn Lofts — an adaptive reuse condominium development encumbered by a $19.6 million loan — at 940 East 2nd Street in downtown Los Angeles.
A specialist in distressed real estate and court-appointed receiverships, DWC will oversee the final piece of construction on the conversion of [...]

*This article is being re-posted. The original article can be found on the San Diego Business Journal website.
REAL ESTATE: Staff of 50 Handling 60 projects, Assets of $2B-Plus
By SYLVIA TIERSTEN
Business is booming for receivers — now that commercial real estate defaults are on the rise. California Receivers Forum, a 550-member trade association, has added 250 [...]

**VISIT THE KPBS WEBSITE TO HEAR THE RECORDING FROM THESE DAYS.

By Maureen Cavanaugh, Hank Crook
These Days | Thursday, August 20, 2009

Maureen Cavanaugh: While most of the real estate and banking industry is slowly trying to get back on its feet, there is one area that is experiencing a boom. Real estate professionals called [...]

Coming to Grips With Those Toxic Assets
Jul 1, 2009 12:00 PM, by Matt Valley
To read this article, please visit the National Real Estate Investor website, or click the direct link below.
http://nreionline.com/commentary/firstword/toxic-assets-0729/

Banks Pass Wind-Down Work to Court-Appointed Pros

July 29, 2009
The Wall Street Journal
By DAVID A. GRAHAM
Some banks are starting to bypass foreclosure on large, troubled real-estate developments and instead are throwing the properties into receivership, a move intended to reduce some of the headaches associated with taking over problem assets.
When banks foreclose on delinquent borrowers, [...]

This week, the nation’s top real estate editors, staff writers, Internet journalists and freelancers gather in Washington D.C. for the National Association of Real Estate Editors annual spring journalism conference, chaired by Ken Harney of the Washington Post Writers Group.
This year’s agenda is packed with newsmakers including distressed asset authority Doug Wilson, president of Douglas [...]