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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Capstone Advisors Goes Green and Gets Gold at Corporate Headquarters
CARLSBAD, Calif. – Capstone Advisors, a Southern California based real estate services, investment and development company, announces that its corporate headquarters building in Carlsbad has achieved LEED Gold certification along with the US Environmental Protection Agency’s (EPA’s) prestigious Energy Star designation for superior energy performance. This is the first existing Carlsbad building to achieve LEED certification…
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Capstone Advisors Engaged To Manage Over $500 Million in Troubled Real Estate Assets
CARLSBAD, Calif. – Capstone Advisors’ Receivership and Real Estate Advisory Services Group has been hired to manage real estate assets that secured over $500 million of troubled real estate loans. The projects involve six large-scale development projects in different locations throughout California and include multifamily, office and master-planned communities. The lenders include…
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Beyond the Business Card – California Real Estate Journal Interview with Alex Zikakis
During his second year at graduate school at Cornell University in Ithaca, N.Y. after working in investment banking, Alex and his girlfiend – now wife Lany – pointed at cities on a U.S. map and discussed where they wanted to live. San Diego, with its sunny days and sandy beaches rose to the top of the list.
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Capstone Advisors Completes Year-end Transaction Acquires 101 Entitled Residential Lots in Wildomar, CA
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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Special Section: Working with REO Assets – BANK SHOT
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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