Turnstone

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6-1-10 002

Turnstone, LLC is a real estate development company founded in 1997 by John Ward & Kurt Slingsby. The main focus of the company is on the acquisition, rehabilitation, and short-term disposition of single-family homes in a narrowly defined corridor of Los Angeles County.

Turnstone’s goal is to purchase residential properties that are distressed, underdeveloped, or suffering from deferred maintenance. Then they improve and operate those assets in such a way that it promotes the core principles of providing safe, quality housing to underserved and otherwise overlooked properties while still generating above market returns to its investors.

It is Turnstone’s philosophy to purchase real property assets, add a much needed value to each location which in the end has generated superior returns while promoting urban renewal and recovery. This is essentially what sets Turnstone apart from the competition and has propelled the organization through the market fluctuations that have devastated so many others. The company’s investment decisions are made solely on the quality of the investment opportunity rather than maintaining the overhead need of a real estate brokerage. Our focus has not been on the creation of a large real estate acquisition firm but rather focusing on each acquisition as an individual opportunity requiring the firms’ full attention through the project life cycle.

History

Turnstone is a California Limited Liability Company established in 1997 by Kurt Slingsby and John Ward, which owns and operates residential real estate in California and Texas. The majority of properties are located in the greater Los Angeles County and in the metropolitan areas of Houston. Turnstone was established for the purpose of renovating, operating and selling real estate in Southern California. … [Read More...]

Keys To Success

There are 5 keys to Turnstone's success: Property Location: Having completed over 350 properties from single-family dwellings to 35+ unit residential apartments, all concentrated in Los Angeles County, the Turnstone name has become synonymous with speed, performance and reliability. This reputation for performance allows us to get the properties that are sold at the biggest discount and yield the … [Read More...]

Investment Strategy

Summary Turnstone is seeking Investment Partners interested in taking advantage of one of the best markets for real estate accumulation in the last 30 years. Residential real estate (one to four unit family dwellings) in the State of California and Los Angeles County in particular, has seen a rapid reduction in property values since first quarter of 2005. This rapid reduction in property values, … [Read More...]

Agent Information

Property Lists For Available Property List, click here *Note the List is updated weekly Camera ready property flyers please click here (coming soon!) Distribution List and Contact To be added to our email or fax distribution list send request to:  properties@turnstone.net For information or availability, please contact Sonia Moncayo at (562) 787-1040 or soniamoncayo@hotmail.com; or … [Read More...]

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