CALCAP Principals have a wealth of experience owning and developing properties in California, Arizona and Texas. Below is a sampling of some  recent projects.

San Diego, California : A 14 unit distressed condominium project purchased from a lender (REO). Project was 98% complete upon acquisition. Worked with regulatory agencies to get CofO’s and Final Public report. Set up all HOA management documents. Initiated project approvals  for FHA/VA and conventional financing, in preparation for unit sales to home buyers.

Palm Springs, California:  Four apartment and mixed-use properties purchased from lenders (WAMU) and other motivated sellers at REO sales prices.  Properties were upgraded, re-tenanted, and operated as rentals until asset disposition.  Annual ROI to investors was between 38%-74%.


Phoenix, Arizona:  A 73,300 square foot Class “A” industrial property was purchased from a national publicly traded REIT.  The property was approximately 50% vacant at the close of escrow.  Actions taken included construction of tenant improvements, marketing and leasing suites to reach 100% stabilized occupancy.


Riverside, California: Aprial Healthcare (NYSE: AHG) occupies this 40,000 square foot industrial building located within the Commerce Square Business Park. With freeway access to I-215, 91, and 60, Apria services much of the Inland Empire from this facility.

El Cajon, California: Rubio's Fresh Mexican Grill is the tenant for this 3,000 square foot restaurant building. The building is on a signalized intersection just south of Interstate 8 and has a drive thru.