phoenixamericanhospitality.com

1.4
1.4 Based on 9 reviews

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Gerri Modic Candelaria
This is an update to my review from December 2023 where I gave this company 5 stars. Since than my e

This is an update to my review from December 2023 where I gave this company 5 stars. Since than my experience has gone downhill. Their .distribution rates started declining and stopped altogether mid-2025. Reason was a decline in the hotel business. February 2026 we were told distributions would resume. First we were told mi-Feb, then early March, mid-March, now end of March. I don’t know what’s worse, being honest with your investors and telling them distributions will remain on hold until business rebounds or moving that carrot on a stick over and over again for a .11% annualized distribution. Myself, I’d rather the company be honest with me. Currently their website is showing me a 42% unrealized gain. Is that the truth, hard to say but I’d like to believe it. If that’s the case, I wish they would just sell the portfolio and give us back our original investment plus the 42% gain and let us be done with it.

2
Date of experience: Mar 22, 2026

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