Bakerson in Phoenix, Arizona

[Jeff Knorr]

Hello BP,

Does anyone have any experience investing with Bakerson in Phoenix, Arizona? I have made a Bridge Loan to them on their Pueblo Springs Apartment project--they are passed due in paying off the loan and are not responsive with information to resolve that situation. Now my primary contact, Dave Sherman, is saying that I need to deal with Bruce Wuollet on the matter (as apparently they aren't sharing information with each other). It sounds like a great partnership... Any advice or insight would be appreciated before I lawyer up and book my flight to AZ!

Thank you,

Jeff

[Doug McVinua]

@Jeff Knorr Sorry to read, that sucks!! It looks like the Pueblo Springs project is in Tucson?

Apartment demand in the Phoenix area is high, the demand far exceeds supply at least for the product mix I have under management.