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