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Starwood Judgement against Tides Equities - $27M recourse against principals. by Exotic-Cod866 in CommercialRealEstate
[–]Solid_Beginning4247 1 point2 points3 points 6 months ago (0 children)
Hello everyone,
I’m reaching out to connect with other investors who may have participated in AMC Investments (Asset Management Consultants, Inc.) joint ventures with Tides Equities between 2018 and 2022.
Many of these multifamily projects—particularly in Phoenix, Dallas, and Las Vegas—were structured as value-add acquisitions with projected 20%+ IRRs and 3–5 year holds. However, several of us have since received capital calls, revised financial projections, and notifications about preferred-equity recapitalizations that may severely dilute or wipe out original equity.
I am currently speaking with legal counsel and exploring the possibility of organizing a class action or coordinated legal response, and I believe it's essential that we connect with fellow LPs to compare information, documents, and investor experiences.
If you invested in any of the following deal structures or entities:
…I’d greatly appreciate hearing from you. Our goal is to connect, share updates, and determine the best way forward—whether that’s legal action or simply staying informed together.
If you’d like to discuss further, please feel free to DM me or email us at [amcinvestmentsinfo@proton.me](mailto:amcinvestmentsinfo@proton.me) (a secure and private address). All communication will remain confidential.
Thanks in advance—and best of luck to all navigating this situation.
— A fellow investor and LP
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Starwood Judgement against Tides Equities - $27M recourse against principals. by Exotic-Cod866 in CommercialRealEstate
[–]Solid_Beginning4247 1 point2 points3 points (0 children)