San Diego Business Journal - June 22, 2009
Capstone Advisors Takes on Asset Management
In good times, Carlsbad real estate development firm Capstone Advisors would be working on a shopping center or residential project. Of course, these are far from good times. Now Capstone, along with other developers, is expanding its asset management and receivership work as economic conditions worsen.
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'Vultures' circling commercial properties - Real estate investors anticipating skid in nonresidential sector
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.
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