Grocapitus Investments
Grocapitus Investments
2018
$1B
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-
Multifamily
Accredited
Grocapitus Investments Reviews
7Invest Clearly reviews are real experiences from verified investors. Here's
Invested in 2 TX projects and risk of losing all capital
I invested in 2 Grocapitus projects in TX back in 2020. Now I'm at risk of losing all my principal and there's been no updates even after repeated emails to the team. Stay away from Grocapitus, they tell a promising story but fail to execute.
Poor execution and transparency. Do not invest here.
Don't be fooled by well prepared marketing presentations. Neil Bawa et al. are full of promises. That's all. Not only they do not deliver but also do not show financial reports or yearly statements. If you love to throw your money and not even get the minimal transparency where the money goes, this is your place. Good luck!!! You will need it. Do yourself a favor, run away from these people.
Poor execution
I was bombarded with marketing emails and looked into their syndications but didn't invest until they offered a preferred shorter term (2 years) deal that promised to pay 7.5 % returns for the 2 years followed by 7'5% added at the end of the 2 years along with the return of capital. It has now been 2 years, and they notified us that they are extending the maturity possibly to 60 months, or 5 years. That significantly impacts the return of the tail 7.5 % added on after 5 years instead of 2. I am just thankful that I was not one of the original investors in the syndication -- they have had they payouts suspended, while ours are still accruing. Meanwhile, they are not very transparent on any plans to allow us to exit.
Full cycle deal!
We went full cycle on a value add project with Neal and Anna in Georgia. Projections were met and there was no shady business as described by other reviews on this form. We had a good experience with GroCapitus and would invest again.