We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
Sponsor Generated Content
The property, located about halfway between Sacramento and Lake Tahoe, was bank-owned after going into foreclosure in May 2008.
Real Capital Solutions, which is headed by Marcel Arsenault, intends to spend $300 million this year to acquire distressed properties, according to a press release from the company. The sellers include banks looking to sell foreclosed properties and undercapitalized developers and builders.
The lots are part of a 409-lot upscale development, according to local press reports. The golf course, the Winchester Country Club, was designed by Robert Trent Jones Sr. and his son, Robert Trent Jones Jr.