Daniel S.

It's all crashing down, hopefully won't be a total loss

A few years ago I would've recommended this group, in fact I did. However when interest rates rose they had a lot of variable debt that wiped out multiple deals. I've lost more than $100k with this group from deals that were sold off with a total equity loss. And it appears that another deal might have the same outcome very soon. To add, one of the partners co-mingled funds between deals causing that partner to leave the company. Their one employee seems to no longer be working for them as emails to that inbox are rejected. I've emailed them asking when a K-1 will be sent for a deal that was a total loss but I can't get a response back. I've emailed their public email address and the remaining partner's email. I've tried calling but it goes straight to voicemail and says the inbox is full. At this point I honestly don't know what to think. If there was open communication at least I would be able to trust them somewhat. But when a sponsor goes completely dark, it's time to really worry and potentially seek legal counsel.