Press Releases

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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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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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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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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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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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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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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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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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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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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