Urgent: AG Value Add Funds II & III (Ashland Greene), part of AGREOF I Fund – Foreclo
Hello everyone, I am an LP with a significant investment in Ashland Greene, specifically tied to AG Value Add Funds II & III, both part of the AGREOF I portfolio. As noted in the official sponsor communication sent on Friday, May 22, 2026, senior lenders have halted negotiations. The firm stated that lenders intend to proceed with a full foreclosure on June 2, 2026, and they expect the equity invested in Funds II and III to be completely unrecoverable. With the foreclosure auction less than 10 days away, a core group of LPs is urgently organizing a coalition to protect our collective interests. We are actively:
* Consulting with Texas-based securities and commercial real estate litigators regarding an emergency Temporary Restraining Order (TRO) to pause the June 2nd sale.
* Pooling resources to fund a formal legal review, books and records audit, and potential breach of fiduciary duty actions.
* Coordinating legal strategies tailored for both Self-Directed IRAs (SDIRAs) and regular cash positions.
If you are an investor in AG Value Add Fund II, Fund III, or the related AGREOF I fund, please direct message (DM) me immediately. Please include: 1. Your specific fund number 2. Confirmation of your Friday email receipt. Time is absolutely of the essence to pool our voting power and legal resources before the June 2nd deadline.
*Disclaimer: This is an informal investor-led coordination group. This message does not constitute legal or financial advice.*