John Morrell Morrell: “We’re focusing development on senior housing and senior living for the same reason our legacy asset services business exists: it’s driven by demographic cycles.”

SAN DIEGO—The need for wealth-transfer services by disinterested third parties and the development of highly amenitized assisted-living communities near the adult children of residents is growing, Douglas Wilson Cos.’ president John Morrell tells

The firm plans to work with legacy asset stakeholders and their professionals to assist in developing an action plan that best maximizes the value, use and return of these portfolio assets when they are transferred to beneficiaries. The plan’s goal will be to set forth the most feasible, value-maximizing course of action, or its alternatives, after the portfolio is assessed and legacy stakeholders have input.  In appropriate circumstances, DWC will assist the stakeholders in implementing the selected plan. Also, in appropriate circumstances, DWC will utilize its expertise to continue to assist stakeholders in ongoing portfolio management or disposition.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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