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Pacific Villas - Stockton, CA

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86 Units

The ownership purchased the property via auction and proceeded to perform a $3MM renovation on the property with the intent to exit after 12 months. During the rehab process, we were constantly engaged in exchanging market information with the Seller to update their proforma and keep them in tune with recent market sale comparables. Upon completion of the project we finalized our underwriting, packaged our thoughts on value and marketing strategy into presentation form and presented our thoughts to the Seller, in competition with several other brokerage firms. Because of our thorough understanding of the market, along with our national platform and unparalleled track record, we were awarded the assignment. Our marketing campaign resulted in multiple offers from proven, well known Buyers giving the Seller multiple quality options to choose.

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Adam Lucatello

Senior Vice President

Stockton

I am a Senior Vice President with Colliers International and specialize in acquisition and disposition of investment properties.  I am a member of the Colliers NNN Group, a national acquisition and disposition group focusing on single tenant, net-leased investments throughout the United States.  I am also a member of the Colliers Multi-Family Investment Services Group that provides comprehensive services for the acquisition and disposition of multi-family investments.

I began my commercial real estate career at Marcus & Millichap’s founding office in Palo Alto, California.  After a seven year tenor at Marcus & Millichap, I relocated to California's Central Valley and joined Colliers International continuing my specialization in investment sales.

I currently reside in the Central Valley’s rural countryside. I spend much of my spare time in the outdoors. I am to my wife of many years and enjoy spending time with our three children (triplets).

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Andy Hodgson

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Andy is a Senior Vice President for Colliers’ Northern California Central Valley Investment Team.  Andy specializes in the disposition and acquisition of multifamily investment properties throughout the Central Valley.

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