Over the past two decades, we have transacted and disposed of multiple real estate asset transactions multi family, office, strip centers, industrial, hospitality, and single family homes. Moving forward, the company will evolve and engage in the development of real estate assets. We have established “funds” for these real estate assets, and these funds have performed well, delivering annual high double-digit returns.
Here is a partial list of the portfolios and projects we have facilitated and/or for which we have provided advisory services:
The Ventura Equity Group LLC – A SFR fund for flipping houses in LA County – 2011-2015
The Wilshire Capital Group LLC – A SFR fund for flipping houses in LA County – 2010-2014
Disposition 200 SFR portfolio, 2014
Disposition 115 SFR portfolio, 2013
Tarpon Point, Cape Coral, FLTarpon Point located in Cape Coral, Florida is a stunning, mixed use property that comprises of a resort hotel, restaurants, retail and office buildings, a marina, condominiums and waterfront land. This was a bank foreclosure property to be liquidated at a reduced price of $ 60 M in 2010.
Our goal was to acquire the asset and manage it, providing services, interim hotel management, condominium conversion, the sale of marina and slips, sale of condominiums and undeveloped entitled land. During this tough recessionary period there was a limited time frame to raise the equity and we assigned it to one of our financial partners who paid cash with a six week close of escrow.
Tarpon Point consisted of 4 main components:
The Resort Hotel At Marina Village
Hotel and services – totaling 320,000 SF
Docking and Fueling -175 boat slips
Luxury Condominiums – 205,000 SF
Single family and multi-family development – 18.7 acres
Asking Price $ 60 M
Disposition Price $ 44 M
Office Building Portfolio, Los Angeles, CA
Class A office portfolio located in Woodland Hills, Van Nuys and Agoura HillsThree great class A buildings with exceptional locations serving the San Fernando Valley business community. Professional office buildings, provides tenants with central access to prime amenities including shopping, restaurants and other services. Positioned as full service building with subterranean parking and easy access to 101 or 405 freeways.
Acquired over a period of 5 years, the Chateau, Woodland Hills featured here was sold in 2011 to investment company.
MEP assisted in raising the equity and provides management services for the remaining two real estate assets.
Acquisition Price $ 28 M
Disposition of Chateau Bldg $ 12 M
Current Value of Assets $ 27.5 M
Luxury Residence, Los Angeles, CALocated in the San Fernando Valley, MEP has forged forward into the construction of single family homes. Recently completed in Sherman Oaks, a exquisite example of ultra modern architecture, custom Fleetwood Windows and a 28 foot waterfall cascades into a blue lagoon.
Listed Price $2,995,000
Recent developed homes include Woodland Hills and Calabasas