Douglas Wilson Companies, a national problem resolution and real estate services firm, has opened a new office in Miami and appointed seasoned commercial real estate lending
professional Terri Echarte as regional managing director to lead its South Florida operations.
The San Diego-based company specializing in distressed real estate and court-appointed receiverships now has six offices around the United States, including San Francisco, Atlanta, Orlando, Las Vegas, and Miami.
According to CEO Douglas P. Wilson, the new Miami office enhances the company’s ability to handle the swelling tide of residential and commercial real estate foreclosures in Florida and the southeastern region, and is a gateway to Caribbean markets.
Wilson added that Echarte’s extensive banking and real estate background will benefit property owners and lenders looking to maximize asset value and execute reasonable exit strategies. “She brings exceptional knowledge and expertise to the team and we expect her to play a significant role in the continuing expansion of our comprehensive services to investors and institutional clients throughout North America and the Caribbean,” Wilson said.
Prior to joining Douglas Wilson Companies, Echarte was a managing director of the Miami office of Holliday Fenoglio Fowler, where she primarily arranged debt, mezzanine financing, and equity for clients throughout the United States. She previously served as SVP of Bank of America’s origination team in Miami-Dade County; worked in acquisitions, dispositions, and client relations with IBEX Institutional Advisors; and was with United Trust Fund.
“I’m thrilled to be joining the elite team at Douglas Wilson Companies especially in these historic times,” Echarte said. “There are many challenges ahead but also enormous opportunities for a company like DWC to leverage its national infrastructure and unmatched 20-year track record within the distressed real estate realm.”
A licensed real estate and mortgage broker, Echarte is a member of various professional organizations, including Commercial Real Estate Women and the International Council of Shopping Centers. She is also active in the Urban Land Institute, Mortgage Bankers Association, and the National Association of Industrial Office Properties.
Founded in 1989, Douglas Wilson Companies provides a wide range of specialized business and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITS, financial institutions, and property owners nationwide. Services include workout and problem resolution, crisis/force majeure response, asset management, consulting, business planning, receivership, development, entitlement, and construction management. To date, the company has provided problem resolution for more than 500 projects involving assets valued in excess of $8 billion.
Author: Carrie Bay
• Date: 07/23/2009