Capstone Advisors is actively purchasing sub-performing and non-performing real estate secured loans.
We apply our in-depth real estate knowledge to help banks and other lending institutions maximize their recovery on the sale of poorly performing loans. As an unregulated institution, Capstone Advisors is able to react quickly to financial institution's current selling needs.
Please contact us to discuss sub-performing and non-performing assets that fall within the following parameters:
Recent Transactions
The Estates at Griffin Ranch
Capstone Advisors has acquired all of the custom lots in Griffin Ranch, a residential community located in La Quinta, CA. The 20 lots acquired by Capstone Advisors average an acre in size and were sold as REO by a large national bank. The transaction was completed in 21 days to meet the selling institution's year end deadline. La Quinta is located in the Coachella Valley, Riverside County, California.
Piazza Serena
Capstone Advisors acquired the remaining finished lots in Piazza Serena, a residential community located in La Quinta, CA. The project was purchased from a national publicly held homebuilder. The sale was comprised of 60 substantially completed 12,000 square foot single family detached lots on 25 acres. The project is located in the Coachella Valley, Riverside County, California.
Eagle Crest
Capstone Advisors acquired the REO property from a regional lender. The property was the
lender’s collateral for an $8.3 million loan. The property, called “Eagle Crest” is comprised of 34
acres and has a tentative map approved for 122 single-family detached residential units. The
project is located in the City of Menifee, Riverside County, California.
Rancho Fortunado Estates
Capstone recently acquired an REO property from a regional lender who foreclosed on their $3.1 million loan. The property, called “Rancho Fortunado Estates” is comprised of 41 acres which have a tentative map approved for 101 single-family detached residential units. The project is located in the City of Wildomar, Riverside County, California.
Indigo Trails
Capstone completed a “short sale” transaction with a private homebuilder and their lending institution to close on 27 acres which had been partially improved for 104 single-family detached residential units. The property, called “Indigo Trails”, borders the city of Menifee and is located at the western end of the future Winchester Ranch Master Planned Community.
The Landing
Capstone recently acquired an REO property from a regional lender who foreclosed on their $11.5 million loan. The property, called “The Landing” is comprised of 34 acres which had a tentative map approved for 128 single-family detached residential units. The project is located in the Perris area in unincorporated Riverside County, California. Capstone closed on the project in 8 business days from being presented the opportunity in order to allow the bank to complete a year end disposition.
Terra Bella
Capstone recently acquired the non-performing A&D and Construction loans totaling $4.5 million. The loans are collateralized by the “Terra Bella” project which is comprised of three model homes and 61 substantially finished single-family detached lots located in the Mosaic community in the City of Menifee, Riverside County, California.
Potter Ranch
Capstone recently acquired the non-performing A&D and Construction loans totaling $12.7 million. The loans are collateralized by the “Potter Ranch” project which is comprised of four model homes, two standing inventory units, 88 finished and substantially finished single-family detached lots and 71 partially finished single-family detached lots. The project is located in the City of San Jacinto, Riverside County, California.