Sunday, Oct. 18, 2009 | Pay no attention to the distressed assets behind the curtain.
That’s more or less the message of local developer Doug Wilson these days. Wilson’s business of sorting through banks’ troubled assets is booming, even while some of his own boom-time investments have busted.
He’s sold his stake in high-rise condo project The Mark at a loss. He stopped making payments on millions of dollars in loans that he used to buy the Mission Valley Resort and land to develop in the College area.