GLENN WILBOR

Glenn Wilbor is President of California Equities Real Estate Development, which is a modern urban infill real estate development company dedicated to cutting edge designs, and sustainable materials.  California Equities Development is currently developing three projects in and around Downtown San Diego: Sigsbee Row/Bohemia, an exciting new 14 unit row house project; Ballpark Skylofts, a 16 unit, seven story loft condominium; and Tower on Fifth, a 14 story, 16 unit condo tower including a 3 unit row home/shopkeeper element.  Glenn has 11 years of experience in various aspects of real estate development. His broad range of expertise includes new and adaptive reuse development, land acquisition, architectural feasibility studies, construction financing, as well as an investor in limit liability companies involved in real estate development. He also has 9 years of experience as founder and CEO of California Equities in the mortgage banking and real estate sales business including condominium mapping, project approvals and conversion of warehouse space to loft condominiums.

In 1995, Glenn successfully sold and financed Jonathan Segal’s Island Lofts project, which consisted of 18 units. From 1997 to 1999, he worked with several local downtown owners/developers to convert warehouses to loft condominium space. On these challenging projects, he advised on the conversion process, conducted the feasibility study, analyzed the unit type and pricing, as well as conducted the sales and financing efforts. It was during this period that he pioneered the financing of the first true loft condominium (converted warehouse) in downtown San Diego, and created a successful niche in working with up and coming developer/architects, including Jonathan Segal, Ted Smith, Rob Quigley, James Brown, Lloyd Russell, Wayne Buss, and Robin Brisebois, in various aspects of their developments. In 1998, he was a member and financier of the Kettner Row LLC development team, which built the Kettner Row project in Little Italy. Glenn also provided financing for two new apartment/ loft buildings in the LIND development that year.

In 2000, California Equities, was the broker of record for Bosa Development and handled the marketing, pricing, sales, and financing of the 200-unit Horizons condominium project, which was the first new high-rise development in downtown since the Harbor Club in 1991. Glenn bought his first downtown development property (a 5,000- square- foot lot with a 3500 square foot warehouse on the corner of F and 13th streets) in 2001, which he converted to office space for California Equities. In 2002, he purchased his second real estate development property (a 4,000 square- foot lot with a 2,500- square - foot warehouse in the Ballpark District), which he converted to office space for his company’s second location.

Glenn’s expertise goes beyond real estate development and ranges from management and leadership to financing and marketing strategies and professional sales. He has a well-balanced understanding of what it takes to not only build a great development, but to build a great company.



GREG O. PAQUETTE
Greg O. Paquette is founder and CEO of Magnum One Real Estate Development which works in conjunction with California Equities Development in its real estate development projects (Listed above).  Greg is an entrepreneur with experience in real estate development projects dating back to 1986, when he participated in a four story redevelopment project in downtown Minneapolis. He is currently negotiating their next three projects: Thirteen on National, a 13 unit, three and four story row house project;  Warehouse Lofts, a three story adaptive reuse of an existing warehouse into true artesian live/work lofts with retail on their first floor; and Seven on National, a 7 unit three story row home project. His business experience in San Diego spans the past 18 years.

In 1990, Greg founded American Pacific Telemanagement Group, a long distance re-seller company, which he operated until 1999. In 1996, Greg established Znetwork, an Internet company that provides Web- hosting services, back-end development, and e-commerce solutions (sold in 2003). He created Mini Cab Co., San Diego’s— and the nation’s— first all electric short- ride transportation company, utilizing golf cart- type vehicles known as low-speed vehicles, or LSVs.

Greg is committed to the continued development and growth of the thriving downtown community that he has lived and worked in since 1988. As a resident and businessman in downtown San Diego for the past 17 years, Greg knows the market, recognizes its great potential, and has the vision and skills necessary to turn possibilities into reality. Greg brings to the table not only the ability to conceive ideas, but also to deliver them to the market place. He also has a vast knowledge of political processes and expertise in public relations, as well as alternative energy. An optimistic man of action, Greg doesn’t stop working until his goal is achieved and the job has been done right.


Tower on Fifth Avenue, LLC
Tower on Fifth Avenue is a 16 – unit, 14 story building. This building combines 13 high rise units and a
single floor of Class A Office Space within the tower, and 3 very unique row homes facing 5th Avenue.
Construction scheduled to begin Summer of 2007.




    
Ballpark Sky Lofts, LLC

This project is a 7 story 16 unit project located at 15th and Market Street. Submitted
to CCDC for Development permit and anticipating approval by September 30th, 2006








The Factory Row Homes
An exciting 3 story, 13 unit row home residential for-sale project
located on National Avenue, 3 blocks south of Petco Park.




Sigsbee Row, LLC – DBA Bohemia
Construction to begin on this 14 unit row home project in July of, 2006.
This project is located on a 14,000 sq ft. parcel at Sigsbee and National.



 

©2007 all rights reserved, Sigsbee Row, LLC, San Diego, CA 92113