Grocapitus Investments Sponsor
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Website
https://grocapitus.com/Overview
Grocapitus Investments is a very fast-growing Multifamily Real Estate Investment company based in Fremont, CA. Founded and headed by Neal Bawa, Grocapitus sources, acquires, manages, and develops large Multifamily, Build-to-Rent, and Fourplex communities in many states across the U.S.
Address
Year Founded
2018
Operates In
N/A
Asset Classes
Multifamily
Accepted Investors
Accredited
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Details
Verified Investor
1.00
"WARNING - Complete Loss of Capital"
Grocapitus which is led by Neal Bawa (former "tech guy") is one of the best marketing companies out there hence the communication ratings. They market online, sell themselves as having above market returns, etc. Only problem is they syndicated a deal as "No Debt, Safest Deal We've Ever Done" and then literally have lost most if not all of the equity in the deal. Allowed cost overruns on the development that are astronomical and yet this is NO WHERE to be seen in all the internet marketing he continues to do. Because he can't get out of the deal he's not realizing the loss in his marketing (nor will they) but the LP community needs to know. Neal's not a real estate guy, he's a marketer who lost $10M of LP's capital.