[New post] Owner of Texas Student-Housing Property Faces Fraud Allegation

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report The $36 million CMBS loan against the 212-unit SkyLoft Austin student-housing property near the University of Texas-Austin campus is now more than 30 days late. That normally wouldn't be too much of a conce" New post on Commercial Real Estate Direct Owner of Texas Student-Housing Property Faces Fraud Allegation by Dan Moynihan The $36 million CMBS loan against the 212-unit SkyLoft Austin student-housing property near the University of Texas-Austin campus is now more than 30 days late. The property was owned by Nelson Partners Student Housing, which has been accused by investors in the property of having defrauded them when it marketed the investment opportunity. Read more of this post Dan Moynihan | August 30, 2021 at 5:35 pm | Categories: Top News | URL: https://wp.me/pcdE10-2ivp Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/08/30/owner-of-texas-student-housing-property-faces-fraud-allegation/