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1998-2003        

2005-2006 MAJOR TRANSACTIONS

  • In February 2005, after almost three years of ownership, Winco Walnut Partners sold the industrial property it had purchased in Compton , CA. The property was sold at an estimated 15% internal rate of return profit.
  • Winco Real Estate Services (WRES) continued planning the development o f the approximate 60,000sq.ft new Middle School and Athletic Facilities for Stephen S. Wise Temple adjacent to the Milken Community High School.   Planning Commission approval was secured in late 2006. Construction is  slated to commence in 2007 and the school should open in 2009.   WRES is overseeing all aspects of the development and the project team.
  • WRES coordinated and participated in the  purchase of a new 100,000sq.ft office and Industrial project outside Spokane, WA. The property was acquired for a client as an investment .
  • WRES refinanced the property owned by  Winco Anchorage Investors (WAI) in September 2006.  The partners of WAI received a 100% return o f their invested capital plus an additional 37% profit on their investment .  The property is managed by WRES and over the last  couple of years various tenant spaces have been re-let and improvements made to the property.  The property remains 100% leased and  is performing excellently. 
  • The property owned by Montana Ave Preservation Company  (MAPCO) in Citrus Heights, California was refinanced by WRES.  The result was an approximate 50% return of Capital to all of the partners.  The property is currently held for investment.
  • Winco Capital continued to make short term bridge loans during 2005-2006. The leveraged fund portfolio peaked at an amount approaching $19 million. All loans performed without any losses and investors in the portfolio achieved well over market returns on their investment. At the end of 2006 there were approximately $13 million in loans outstanding. 
  • WRES was hired by City National Bank to review and analyze the potential acquisition of a site for a regional branch.  WRES performed its analysis, consulted with the various parties involved and made recommendations to the client.
  • In 2006 Realco became an affiliate of WRES. Realco is a full service commercial construction company.  The company undertook the construction of a XXXXsq . ft industrial building in Ontario, California.  The project is slated for completion in early 2007.