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CARLSBAD, Calif. – Capstone Advisors, a Southern California based real estate services, investment and development company, has purchased 101 entitled residential lots in the City of Wildomar, Riverside County, Calif. Capstone Advisors completed the year-end transaction with a regional lender to acquire the REO property which consists of the 41 acres known as “Rancho Fortunado Estates”…
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by Justin Bert
Commercial Investment Real Estate Magazine
As commercial real estate loan defaults spike to the highest level in 20 years, a seismic shift in control of real estate assets is taking place — from owners and borrowers to lenders and investors. Almost every active provider of real estate investment and development capital is struggling to determine the appropriate management and exit strategy for troubled investments.
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San Diego Metropolitan (Uptown Examiner/Daily Business Report)
[Excerpt] Alex Zikakis of Capstone Advisors noted the need to make money in every part of the real estate cycle and to make changes to one’s business model to stay ahead of the trends. He reflected, however, on the dangers of being too opportunistic in a down market and being “too quick to pull the trigger.” (Read More)

Investors with funds for acquiring distressed commercial real estate and troubled mortgages are looking not only for assets managers but experienced operating partners to help them handle the properties they acquire, according to a panel assembled by the San Diego chapter of NAIOP, the commercial real estate development association, on Nov. 10 at the Marriot San Diego Del Mar. Read full story

Now that the housing crash appears to be nearing bottom, all eyes have turned to offices, hotels and other commercial real estate as the next properties that might be poised to collapse.

So-called vulture investors have begun popping up in search of troubled commercial buildings, which they hope to acquire at steep discounts… (See More)