I invested 25K and although the company claims to give a distribution the NAV price per share goes down every month and I am actually losing money. 3K the first year. We need a law suit. No way real estate loses value so fast. The problem is the value of the share is not pinned to the stock market. They control the valuation price. When I realized this and reached 1 year in, I requested buy back. Now I am reading all these reviews it is disheartening. I thought after an additional one year (25% per quarter) I would the majority of my money back but I see people have been waiting more than 4 and still have not received their total investments back. It feels absolutely like a Ponzi scheme. A total scam and they are trying to string you along with monthly distributions but constantly cutting value of the shares. How can this happen in the U.S. after Bernie Madoff scam?
Claim your business profile now and gain access to all features and respond to customer reviews.
