History

Turnstone is a California Limited Liability Company established in 1997 by Kurt Slingsby and John Ward. Β The company 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. Since inception, Turnstone has acquired, improved, and sold in excess of 350 + properties; ranging from single-family residences to 400+ unit apartment complexes. The company specializes in repositioning distressed properties not easily moved through the conventional machine of retail real estate.

Since inception, the Company has completed in excess of 350 projects resulting in $85 million in sales. Since the third quarter of 2008, the Company has sponsored partnerships with individual investors to take advantage of opportunities that exist in specific Southern California real estate markets. The partnerships have historically offered significant returns (IRR) on relatively passive investments.

Turnstone’s mission is to purchase real property assets improve and operate those assets utilizing green methods and products and generate superior returns, while promoting our core principals of providing safe, quality housing to underserved and otherwise overlooked communities.

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