About the Bollinger Group

Mr. Paul A. Bollinger's professional career began as a Quality Control Engineer for the defense industry in Cleveland, Ohio. He was issued top secret clearance from the United States of America Department of Defense, which allowed him to work on top-secret projects for Gould Corporation and TRW. These projects were related to the development and production of torpedoes, submarines, and nuclear reactors.

With a strong work ethic and an entrepreneurial drive, Mr. Bollinger created his first business venture in 1972 deemed "The Handyman" working weekends while simultaneously working full-time with TRW. This experience is the foundation of Mr. Bollinger's keen knowledge of the construction industry. Building a reputation of quality work at competitive pricing, "The Handyman" was transformed into Bollinger Construction and in 1974, focusing on custom homes and insurance restoration, quickly became one of the biggest insurance restoration companies in Cleveland, Ohio.

In 1980, Mr. Bollinger formed Bollinger Development specializing in residential land development with Bollinger Construction doing the residential construction. Bollinger Development focused primarily on custom single-family homes in Solon, Ohio.

New Adventure

After several visits to California, Mr. Bollinger realized that California provided greater opportunities for his talent and in 1985 sold Bollinger Construction Inc. to his employees and moved his family to Westlake Village a suburb of Los Angeles.

This area is a high-end, master-planned community originally developed by Daniel K. Ludwig's American Hawaiian Steamship Company and, later, Prudential Insurance's “North Ranch”. North Ranch is a golf course community that attracted executives from the Los Angeles area whom are seeking safe communities to raise families.

Because of his background and knowledge of the industry he was able to pass the contractor board test the first time and incorporated Bollinger Development and Bollinger Construction again.

Mr. Bollinger quickly began acquiring finished residential lots in the North Ranch and within a few years, became one of the premier custom home developers in the area - selling custom homes in the $500,000 to $1,500,000 range. These houses currently sell in the $2-$3 million range.

Moorpark Country Club Estates

Seeking a greater challenge, Bollinger embarked upon a greater vision which, in turn, evolved into a decade-long challenge. In the late eighties, Bollinger Development entered into escrow with two entities, the Church of Latter-Day Saints and an investment group formed by Phillips Financial Group which controlled a total of 655 acres - both within the City of Moorpark, California, 15 miles from Westlake Village.

Bollinger Development's vision began as an 18-hole championship golf course and tennis club surrounded by 145 estate-type homes on 3.5-acre lots. Shortly after receiving the City of Moorpark's Council approval to process a general plan amendment for the proposed development, the Ventura County Sheriff Department raided Philips Financial Group on December 15, 1989. The Sheriff Department seized records amid investor's claims that Philips embezzled millions of dollars in a Ponzi scheme.

In March of 1990, the 253 acres controlled by Philip's had been frozen by the Los Angeles Superior court and seized by the Department of Corporations jeopardizing Bollinger Development's project (Moorpark Country Club Estates). Soon thereafter, the Moorpark City Council decided not to spend public tax funds, council time and staff time, until the outcome of the property was finalized.

After Olen B. Philips, the owner of Philips Financial was indicted for fraud and property was seized, the property was placed in the hands of the court-appointed receiver who entered into an agreement to sell the land to Bollinger, subject to the city approval.

In August of 1993, the Moorpark country council agreed to accept Bollinger Developments application for the development of 216 homes and two golf courses on 655 acres, which require an amendment to the city's general plan. If Bollinger was successful it would finance benefit over 100 investors in the debunked Philips partnership could recouping some of their investment. As it turned out all 100 investors recoup most of their money because of Bollinger's philosophy of never, never, giving up

After several months of public hearings on November 13, 1995, the Moorpark planning commission approved the environmental impact report for 216 luxury homes and two golf courses, allowing 10 million cubic yards of soil to be moved..

During the development agreement negotiations, in February 1996, the Moorpark City Council conveyed a letter requiring Bollinger Developments to give the land for the golf courses to the City of Moorpark. The Los Angeles Superior Court judge accuses the city of extortion after reviewing the development agreement as part of the receivership action on the land. The L.A. Superior Court judge seeing the extortion attempt: said the following which was quoted in a story in the LA times “if this was Russia or North Korea or some communist country, perhaps I could see that happening, but this is the United States, and this boggles my mind”.

After three more years of hearings, plans to build Moorpark Country Club Estates were approved by the Moorpark City Council on April 17 1996.

Today, Moorpark Country Club Estates is the premier locations in city of Moorpark CA were homes sell in excess of $1 million and people can enjoy one of premier golf courses in Southern California all through the dedication and vision of Paul Bollinger.

ABH, LLC

The real estate Depression of the nineties hit land sites the hardest. Deficient or non-existent Construction/Permanent lending for a land site, even with entitlements, had been rendered worthless. Wilma Pacific, Inc., a subsidiary of Wilma International (one of the Europe's largest developers), entitled a 15.19-acre site in Thousand Oaks for a five-building office park with a total buildable area of 195,000 square feet. When Wilma Pacific, Inc., lost the property to the lender in the mid-nineties the property eventually was taken over by the Resolution Trust, and remained dormant until Mr. Bollinger recognized the true value.

In the spring of 1998, Mr. Bollinger entered escrow to purchase 14.6 acres of which 10.74 acres were approved for construction of the three buildings of 130,000 square feet.

Mr. Bollinger because of his loyalty again brought in the partners from Moorpark country club to assist with the project. With Bob Haaland a partner in the Moorpark Country Club Estates and owner of the Haaland Engineering Group, Inc., again became the civil engineer.

Because of problems in the city of Thousand Oaks with inadequate roads, Bollinger / Haaland Partnership proposed to the City that the desired emergency road actually connects through the Rolling Oaks Office Center in exchange for a plan supporting four buildings and increasing the buildable area of the project by 27,700 square feet. The City Council approved the plan and allowed the City to realize a less expensive alternative (without complication) and shortened the completion to the access road by three years.

Soon thereafter, I add Mr. J Amoroso, a former Hyatt Hotel Executive - to the partnership of ABH, LLC who was also partner in the Moorpark country club project. In July 1999, Mr. Bollinger formed ABH, LLC. The project was completed in 2009 which consisted of a surgical Center and two medical office buildings which total approximately160,000 ft.²

Mr. Bollinger sold his interest in the project in 2006 so he could concentrate his efforts on Songbird office Park and Simi Valley office Park.

Calle Riscoso

In 2000, Mr. Bollinger recognized another opportunity in Thousand Oaks, California - three residential lots with magnificent views of the City at the end of a private street. The lots had been approved but remained dormant for some time. Mr. Bollinger acquired the lots, completed the grading, designed the homes, and constructed three magnificent homes. The homes ranged from 2,910 square feet to 2,769 square feet.

Songbird office Park

In 2002 Mr. Bollinger purchased a 14-acre site in Newbury Park, California. Bollinger concept was to build 31 small office buildings for sale from 1600 ft.² too 15,000 ft.². The project was completed in 2008. Bollinger recognized that currently all small businesses are forced to rent because no small buildings are available for sale and it is this type of advanced thinking that lends itself to success. Bollinger recognized through an extensive market analysis that 85-percent of the existing tenants were renting 5,000 square feet or less and that a larger void exists in the market today for small buildings. The project is unique in that it creates a park-like feeling in which 31 class "A" buildings set.

The properly was owned by Telair international a publicly traded company which became Mr. Bollinger's partner because they saw the same vision.

Simi Valley office Park

In 2004, Mr. Bollinger purchased a 10acre site in Simi California. Bollinger concept was to build 28 small office buildings for sale from 1600 ft.² too 15,000 ft.². This project was the same as Songbird however after getting all the entitlements and starting the grading the project was sold to Steadfast in 2006 for twice the purchase price of the land. The project was completed in 2008.