February 7, 2019
SAN DIEGO–Douglas Wilson Companies (DWC), a 30-year-old real estate development firm with expertise in senior living, as well as advisory, receivership and workout services, has promoted Senior Managing Director Michele Vives to the position of Vice President. Vives will also serve as an officer of the company.
Over the course of her career, Vives has successfully provided real estate development and advisory services for more than three million square feet of construction in office, hotel, senior housing, research, and retail projects, with a combined value of more than $1 billion.
“Michele is an astute problem solver,” said Douglas Wilson, Chairman/CEO of Douglas Wilson Companies. “She knows how to get things done, while managing budgets, timelines, and expectations across all stakeholders.”
Vives will expand leadership and oversight in her two primary areas of responsibility:
- DWC’s new ground-up Senior Living division, which recently opened a $32 million, 111-unit assisted living and memory care community. Sienna at Otay Ranch, located in Chula Vista, Calif., is the first of up to 10 new senior housing projects planned by DWC over the next five years.
For Sienna at Otay Ranch, Vives was involved in all aspects of this flagship project, including land acquisition, entitlement, financing, overseeing construction management, subcontractor relations, budgeting, and visual identity.
“In her career here at DWC, we have watched Michele demonstrate proven authority in pro forma financial analysis, procurement and entitlement processing, risk assessment, contract negotiations, and relationship management of trade professionals and municipalities,” said Wilson.
- DWC’s Real Estate Advisory and Legacy Asset Management business platforms, which provide strategic counsel to property owners and developers faced with complex issues.
Tapping her expertise, experience and contacts, she helps DWC clients advance their projects forward efficiently and effectively. Her most recent clients include hotel developers, foundations with excess developable land, and family trusts. In addition to providing master planning counsel, highest and best use analyses, project management, and entitlement, Vives often serves as the Owner’s Representative.