Updated over 1 year ago on . Most recent reply
Mortgage Note Syndicator Not Communicating
Hi All,
I took part in a syndicated deal that bought notes in New Hampshire. The syndicator is based in Scottsdale and the lead partner is an attorney. It's been over two years and so there has been plenty of time to have closed the deal. The syndicator refuses to give me updates and does not return emails. Question is how can I apply pressure on the syndicator to update status and return my funds? I have sent a funds demand via email but have not gotten a response. Thanks to all in advance for your thoughts!
Most Popular Reply
@Michael Williams
If it’s who I think it is (Scottsdale was in the name) I heard they went under and your money is gone. Rumor is they also stiffed some attorneys
As a side note: he was an attorney who had been disbarred then went and still practiced after that and got caught and got in more trouble.. So he is no longer an attorney last I heard.
I also didnt think they had a syndication - was it a jv or syndication?
- Chris Seveney
