Grocapitus Investments

These guys marketed with very misleading glossy marketing, showing a completely different style of units on completely different density spacing for a project in San Marcos, Texas. Then there were the cost overruns and time delays. In the end, the project went into foreclosure and the LP investors have lost 100% of their funds. I also invested in an Arizona build from the ground up project with these guys, which has returned zero and I may end up losing everything on that project as well. If you are looking to invest, you need to look elsewhere.

Neal Bawa markets his various anti-investments under Grocapitus, UGro, Mission 10K, etc. My large investment with their fund has resulted in a significant loss of capital by their own vague and misleading reporting, with the actual amount of loss unknown with literally zero plan for final resolution of their incompetent mishandling of everything. In addition, they have been the most unethical GP I have ever dealt with, changing the Operating Agreement terms post-investment twice in multiple ways that benefited themselves, protected themselves, and intentionally made it even more difficult for investors to get information or have any recourse against their gross negligence. They hide information, won't answer legitimate questions, intentionally removed all independent review of financials and accounting, and meanwhile tens of millions of dollars of investor capital have disappeared to... somewhere. They certainly should never receive another dollar of investor capital from anyone, and Neal Bawa and his complicit team likely should be put in jail and/or harshly sued for damages to innocent investors like myself who naively trusted them.

I invested $100,000 in a Grocapitus syndication headed by Neal Bawa in Austin Texas in 2021. On October 6, 2026 the project went to foreclosure auction resulting in 100% capital loss for all investors. Factor this information into your future investment decisions related to Grocapitus or Neal Bawa.