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ACQUISITION/DISPOSITION

Nexus’ extensive experience in invaluable asset to its clients.

real estate transactions, whether Nexus has successfully acquired and

simple sold a

or complex, is an myriad of properties,

including unentitled and Brownfield re-development

undeveloped sites (where

land, under-performing assets, distressed properties and redevelopment was complicated by the presence or potential

presence assessing

of

hazardous

substances).

These

transactions

entailed

a

thorough

due

risk and developing and executing an efficient and cost-effective strategy.

diligence process, The Nexus team’s

market knowledge and disposition opportunities,

resources enables resulting in timely

Nexus to quickly identify consummated transactions.

and

pursue

acquisition

and

Hard Rock Hotel Palm Springs, CA 489-room, 10-acre downtown area

resort

located

near

historic

Assembled 3 separately-owned parcels, totaling 10- acres of land in downtown area, which entailed negotiating an exclusive right to purchase a City- owned 6-acre parking lot, acquiring a 2-acre site from a federally-recognized Indian tribe (then being used as Tribal Headquarters), and negotiating the purchase of a 2-acre site with a long-time local

under

threat of

and

Development

resident property owner condemnation Negotiated a Disposition

Agreement with the Community Redevelopment Agency of the City of Palm Springs Processed Mitigated Negative Declaration Obtained a favorable outcome in CEQA lawsuit filed subsequent to entitlement approvals

Biltmore Colony and The Colony Palm Springs, CA 12-acre project featuring 133 condominiums and 19 patio homes

Purchased a defaulted 1st trust deed note with intent to foreclose and, following borrower’s bankruptcy, prevailed in credit bid to acquire the property Successfully entitled and developed project for single- and multi-family residential use Marketed and sold all 152 units during a challenging real estate market via in-house sales team

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