Puerto Rico · Hospitality redevelopment
La Piña Boutique Hotel
A distressed Puerto Rico hospitality property repositioned through full redevelopment into a distinctive boutique lodging asset designed around guest experience, privacy and market-driven amenities.
- Acquisition and full redevelopment of a distressed hospitality property
- Guest-focused design centered on beach access, pool experience, privacy and distinctive bathing spaces
- Construction oversight from infrastructure through finish work
- Operating systems, staff training and management structure installed for day-to-day independence
- Completed project build-out cost of approximately $850,000
- Current market value approximately $2.1 million, based on a recent appraisal
- Current operating performance supported by three years of tax returns, guest reviews and project records
Paso Robles area, California · Residential land development
Shadow Canyon Estates
Approximately 20 acres developed into roughly 50 residential lots averaging about one-third of an acre, including streets, sidewalks and infrastructure.
- Opportunity sourced and business plan prepared internally
- Approximately $1 million in private equity raised from three investors and approximately $2 million in commercial financing
- Completed sales revenue of approximately $5.3 million
- Final-map process coordinated with city council and planning commission
- Infrastructure construction and lot sales overseen from start through completion
Historical project figures are approximate and may exclude financing, carrying, tax and transaction costs.
Bakersfield, California · Multifamily redevelopment · 2002
Eight-Unit Apartment Redevelopment
Acquired an eight-unit apartment property, completed a targeted capital-improvement program, improved the units and operating income, and sold the repositioned asset.
- Purchased for approximately $220,000 and owned directly
- Approximately $80,000 in private equity used to finance the property renovations
- Capital work included a new roof, exterior paint, new doors, selected air-conditioning repairs, and interior refreshes and renovations
- Interior refreshes completed across the apartment units
- Rents increased following the physical and operational repositioning
- Property subsequently sold for approximately $427,000
San Luis Obispo County, California · Ground-up residential development
San Luis Obispo County Residential Development
A series of three ground-up residential projects developed and built in San Luis Obispo County, reflecting hands-on experience in planning, construction, design and project execution.
- Three ground-up residential projects completed in San Luis Obispo County
- Approximately $2.1 million in private equity raised to finance the development program
- Realized sales revenue of approximately $3.5 million
- Three-home development program completed in approximately 24 months
- Hands-on involvement in construction planning and execution
- Design, material and finish decisions coordinated through completion
- Experience spanning contemporary and Mediterranean-influenced residential design
Chicago area, Illinois · Residential redevelopment · 2006
Chicago-Area Residential Redevelopment
A five-home residential acquisition and renovation program completed over approximately fifteen months, combining disciplined capital deployment, hands-on redevelopment and coordinated disposition.
- Five homes acquired outside Chicago in 2006
- Approximately $300,000 in commercial financing used for acquisitions
- Approximately $179,000 in private equity used to complete the renovation and improvement program
- All five homes remodeled within approximately one year
- Each property sold within 90 days of listing
- Combined gross sales revenue of approximately $723,000
- Full acquisition-to-disposition cycle completed in approximately 15 months
Coeur d'Alene area, Idaho · Land development · 2004
Coeur d'Alene Land Development
A 20-acre mountain parcel acquired, subdivided into two 10-acre homesites, improved with core infrastructure and building preparation, and sold prior to vertical construction.
- 20-acre parcel acquired for approximately $69,000
- Subdivided into two 10-acre residential parcels
- Approximately $41,000 invested in improvements
- Improvements included wells, access roads, electrical service and prepared building pads
- Original plan was to construct two mountain spec homes
- Project sold prior to vertical construction for approximately $310,000
- Acquisition-to-disposition period was approximately eight months
- Capital was subsequently redeployed into the Idaho farmhouse project
Coeur d'Alene area, Idaho · Residential redevelopment · 2005–2008
Idaho Farmhouse Redevelopment
A full residential redevelopment of a farmhouse property completed through extensive hands-on interior and exterior improvements, landscaping and the addition of a detached shop.
- Property acquired for approximately $219,000
- Approximately $130,000 invested in improvements
- Extensive hands-on interior and exterior renovation completed
- Landscaping and outdoor living improvements completed across the property
- Detached shop added to expand the property's utility and value
- Property served as a personal residence during part of the redevelopment period
- Property sold in 2008 for approximately $679,000
Taft, California · Small multifamily redevelopment · 2002
Taft Triplex Redevelopment
A three-unit residential property acquired, renovated and held as a long-term rental before disposition after approximately three years of ownership.
- Triplex acquired for approximately $223,000
- Approximately $59,000 invested in improvements and renovation
- Property operated as a long-term rental for approximately three years
- Property subsequently sold for approximately $414,000
Morro Bay, California · Ground-up residential development · 2003
Morro Bay Residential Development
A ground-up residential development completed in Morro Bay, California, with the project delivered ahead of the original one-year schedule.
- Residential lot acquired for approximately $80,000
- Approximately $227,000 invested in ground-up construction
- Project originally projected for a one-year build-and-sale cycle
- Completed and sold in approximately eight months
- Property sold for approximately $459,000
San Luis Obispo, California · Land control & disposition · 2004
San Luis Obispo Land Control & Disposition
Secured the contractual right to acquire a 10-acre parcel before it reached the open market, then monetized that position by assigning the project to an investment group while the property was still in escrow.
- 10-acre parcel in San Luis Obispo controlled prior to public-market exposure
- Approximately $10,000 invested to secure the purchase rights
- Project sold or assigned to an investment group during escrow
- Approximately $110,000 profit realized
- No vertical construction was completed
Templeton, California · Mixed-use land development · 2003
Templeton Mixed-Use Land Development
A seven-acre development site acquired and advanced through the municipal mapping process for a proposed retail and small residential project before disposition to a larger developer.
- Approximately seven acres acquired for $1 million
- Approximately $90,000 invested in mapping and development planning
- Property advanced through the city mapping process for a combined retail and small residential development
- Finalized development map sold to a larger developer
- Project sold for approximately $2 million
Los Osos, California · Residential redevelopment · 2000
Los Osos Residential Redevelopment
An early real-estate investment in the track record: a four-bedroom home on 8th Street in Los Osos, California, comprehensively renovated through hands-on interior, exterior and landscape improvements before resale.
- Property acquired for approximately $179,000
- Approximately $120,000 invested in renovation and improvements
- Interior gutted and rebuilt from the walls in
- All windows replaced
- New landscaping and hardscaping installed
- Renovation completed with substantial hands-on involvement
- Property brought to market and sold within approximately 30 days
- Property sold for approximately $579,000
No project photographs are currently available.