PHOENIX, AZ (DECEMBER 2, 2010) Carwin Advisors today announced their designation to manage the Preserve at Goldfield Ranch, a 2,400 acre property, on behalf of the current owners. The Preserve at Goldfield Ranch was originally planned as a high-end residential development with a boutique hotel and spa in the Scottsdale, Arizona submarket. The current owners acquired the property at a foreclosure sale held on 9/30/10 and are relying exclusively upon Carwin for interim asset management as well as strategic services related to the property’s long term future.
Carwin was engaged by a syndicated lender group to manage all local, county, and state relationships as well as work with neighboring stakeholders for the long term benefit of the property.
Carwin was selected by the lender group because of the firm’s deep operational expertise in the Southwest, as well as its experience working on properties with complex development and entitlement issues in the Phoenix area.
Bob Kammerle, Director at Carwin Advisors, based in the Phoenix Area, said, “We are pleased to work with this group of lenders and are energized by the prospect of working through the myriad of entitlement and development complexities inherent in a large tract such as the Preserve. It’s what we do.”
Carwin’s advisory team members each have, on-average, over twenty years of successful experience in land acquisition, development, entitlement, golf course construction and operation, and commercial development. Carwin has offices in Phoenix, Orange County, Las Vegas, Houston, Austin, Atlanta, and Charlotte. Carwin is headquartered in Dallas, TX.
Patrick Vedra, Managing Director of Carwin Advisors, said, “We advise our clients as if it were our own money invested. When there are difficult decisions on complex projects, we work diligently to make sure we have crystal clear supporting data and have the most experienced team with local knowledge in place to make genuinely knowledgeable assessments. That’s what we can deliver for our clients.”
About Carwin Advisors
Carwin Advisors, a Winchester Carlisle Company, is a national full-service real estate advisory firm specializing in solving complex problems and working with multiple stakeholders in the restructuring, turnaround, management and disposition of residential, commercial, and mixed-use real estate assets, portfolios, and companies.