DWC’s responsibilities included negotiating all mechanics’ liens, extending the vesting tentative map, obtaining a building permit extension, advising on mold, HOA, and easement issues, compiling a cost-to-complete construction budget and bringing the building to sale-ready condition. Once the scope and cost to complete construction was presented to the parties, it was determined that construction would not proceed. From there DWC worked to maintain the accounts necessary to protect the property, such as security, utilities and insurance.

The property was sold and the Receiver was successfully discharged.