San Diego Business Journal
Capstone Advisors of Carlsbad recently purchased a 40,000-square-foot shopping center in Escondido for $3.9 million, and is scoping the market for similar properties as financing fundamentals continue to improve.
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Firms Shopping for Opportunities Buy Two Local Retail Centers
San Diego Business Journal
As new shopping center construction remains rare in San Diego County, some older established centers with solid customer traffic have recently changed hands. Sales of two prominent centers in Escondido were announced earlier this month…
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Capstone Advisors Acquires Mission Escondido Shopping Center
San Diego, Calif. — Capstone Advisors, a San Diego-based real estate investment, asset management and advisory firm, has purchased the Mission Escondido Shopping Center, a 40,317-square-foot retail complex in Escondido, for $3.9 million from a subsidiary of Kennedy Wilson Properties. The company plans to use its asset management and repositioning expertise to give the project a much needed facelift to complement the community and to serve current and future tenants and their customers…
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Capstone Advisors Acquires 20 Luxury Lots in Griffin Ranch, La Quinta, California
CARLSBAD, Calif. – Capstone Advisors, a Southern California-based real estate investment, development and asset management company celebrating its 15th anniversary this year, continues its pattern of buying well-located, highly desirable lots with its recent purchase of the largest lots in the Griffin Ranch master-planned community located in the Riverside County community of La Quinta, Calif…
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Rising Loan Delinquencies Keeping Receiverships Busy
San Diego Business Journal – Commentary
[Excerpt] Alex Zikakis, president and CEO of Carlsbad-based Capstone Advisors Inc., whose offerings include receivership services, said lenders will be selling distressed properties in 2011, in a “cleansing” process that began slowly last year and could continue through 2014…
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Capstone Advisors Announces Flexible Financing Program for Opportunistic Real Estate Projects
Carlsbad, Calif. – Capstone Advisors, a San Diego County-based real estate investment, asset management and advisory firm celebrating its 15th anniversary this year, announces that it is once again actively providing flexible capital for opportunistic real estate projects that do not meet traditional bank standards…
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Capstone Advisors – 2010 Year End Asset Management Highlights
Carlsbad, Calif. – Capstone Advisors reports that 2010 was marked by several new asset management engagements – a trend the company expects will gain momentum in 2011 as a growing number of real estate lenders, owners and institutional investors look to reposition their assets in a highly challenging economic climate…
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Pulse of Commercial Space is Stablizing
San Diego Business Journal – Commentary
[Excerpt] Alex Zikakis, president and CEO of Carlsbad-based real estate investment and development company Capstone Advisors Inc., said the “tidal wave” of commercial foreclosures that many predicted a year ago never materialized, as lenders worked with borrowers and avoided flooding the market with deep-discounted properties. Zikakis said that process will likely continue through 2014, as banks and other lenders gradually sell off troubled commercial assets…
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Capstone Advisors Acquires Residential Community in La Quinta, California
CARLSBAD, Calif. Capstone Advisors has purchased 60 residential lots in the City of La Quinta, Riverside County, Calif. The acquisition consisted of the remaining finished lots in a 97-lot community known as Piazza Serena which was originally developed by K. Hovnanian, a publicly held home building company…
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Capstone Advisors Acquires 122 Residential Lots in Menifee, California
CARLSBAD, Calif. – Capstone Advisors, a Southern California based real estate services, investment and development company, has purchased 122 entitled residential lots in the City of Menifee, Riverside County, Calif. Capstone Advisors completed the transaction with a regional lender to acquire the REO property which consists of 34 acres known as Eagle Crest…
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