The real estate fund industry is experiencing significant financial distress, with investor redemptions expected to reach $16.5 billion this year. This crisis has been exacerbated by Starwood's decision to cap withdrawals, which has led to billions in losses for private real estate investment trusts (REITs). Additionally, Tides Equities is facing severe financial difficulties, potentially losing two more properties in its Dallas-Fort Worth portfolio. There are also reports of significant fraud, with hundreds of millions of dollars allegedly stolen from limited partners (LPs) by general partners (GPs) in real estate investments.
Real estate GPs who lost hundreds of billions of dollars of LP money will be saying this when raising capital 7 years from now. https://t.co/ugbi5KWqyq
A Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals - WSJ #commercialrealestate #realestate https://t.co/iAbzni22Ht
If your RE GP lost you money on real estate deals in the past year, I might be able to help you recover it by: - putting you in touch with the sponsor's other LPs to share information - disclose information and data that your attorneys may find useful in your legal actions DM.
I'm organizing a campaign to get as many investors of Techvestor together as possible On X, Techvestor is represented by Taylor Jones, aka MrJonesSTRs They've scammed LPs for many years and investors on Reddit, BiggerPockets and X are livid If you're an LP, please reach out. https://t.co/gpMfO3XUH6
Real Estate Fund investor redemptions expected to hit $16.5 billion this year https://t.co/INBDnMkRVE
Tides Equities is struggling to stop the bleed on the DFW portfolio it aggressively built just a few years ago. The firm stands to lose two more properties. https://t.co/2AFVZyeJYw
Private REITs Bleeding Billions After Starwood Capped Withdrawals via @petergrantwsj @WSJ https://t.co/3e2yctrmEy
A month ago, after two months of nicely asking GPs who raised money for real estate investments on X to share how their deals are performing, I decided to make some noise. Since then we've all learned that hundreds of millions of dollars were stolen from LPs by X RE GPs.
$STWD (+0.0% pre) A Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals - WSJ https://t.co/eCUbvcRoYQ