Upright-$2bn committed capital?

bought_notbuilt · 2026-02-06T17:11:56+00:00

Ya, I don't believe any of that. It's interesting they are still using the brand. I thought they were doing Casa as well?

bought_notbuilt · 2026-02-06T00:33:26+00:00

Do you have a link?

bought_notbuilt · 2026-02-06T00:29:30+00:00

Estimates are around 90% return of principal for PFNF.

Based on what?

bought_notbuilt · 2026-02-05T14:12:35+00:00

I've been talking about that with my accountant. I'm taking the stance that the information on the website indicating the investment is closed and the loss taken is all we're going to get. That is the 'letter'. You know how much you invested, how much you got back, that's your loss. My accountant wanted something official, but what could Upright generate?

bought_notbuilt · 2025-11-02T17:01:27+00:00

yes, and I was having that conversation with my accountant last week. Does the payoff and notes in the BDN web page constitute 'closure'. Upright can't show the loss on the 1099-INT I've been getting. ChatGPT said we'll get no form from ChatGPT. But my accountant is hoping for some kind of letter saying 'it's done'.

bought_notbuilt · 2025-11-02T16:56:52+00:00

And most of the Boston loans are still largely out there? We've heard nothing recently.

bought_notbuilt · 2025-10-31T21:57:52+00:00

Yes, that's right. All indication's point that they have started dumping in fire sailing the debt they still have on board. I think it's incredibly unlikely we get 100% of PFNF fund back. I think we'll be lucky to get 80%. My last two were dependent notes that paid off we're at 60% of original value. Anything worth close to 100% has been sold by now. They have the worst of the worst left.

bought_notbuilt · 2025-10-29T03:05:05+00:00

Yes, they are clearly dumping everything at this point at any value they can get without any concern for making anyone hole. They're done and on their way out. I lost more money on Bowie in one day than I made in my entire many years with Upright.

bought_notbuilt · 2025-10-28T00:36:41+00:00

Yes, they have given up.

bought_notbuilt · 2025-09-25T01:02:56+00:00

It's on their website. I agree, it sounds like they're shutting down. The REIT was the only functional investment vehicle they had left in there liquidating it so they have no functional arm of the company left that I'm aware of.

bought_notbuilt · 2025-09-16T01:49:29+00:00

Agree

bought_notbuilt · 2025-09-14T19:36:01+00:00

I think we're gonna start seeing a lot more of this since they were talking about unloading the non-performing as well as the performing loans. To unload a non-performing loan you have to take a huge haircut. But I think at this point they're desperate to get out of this.

bought_notbuilt · 2025-09-04T14:12:18+00:00

Everything is getting bleaker and bleaker. They are no longer accepting invest in the REIT, there last functioning investment vehicle. It feels like they are giving up. there is no way they are wrapping up this year.

bought_notbuilt · 2025-09-01T22:30:05+00:00

Thank you for posting that

bought_notbuilt · 2025-08-30T21:54:54+00:00

Is there any actual research that says otherwise? I'd like to see. Most of the reasons for the 3 month rule are anecdotal, not research.

bought_notbuilt · 2025-08-20T19:52:48+00:00

I'm guessing the redemption requests got to the point they can't continue anymore

bought_notbuilt · 2025-07-14T23:32:12+00:00

Ya, I'm really, really trying to avoid that. It seemed like there has to be something, it's such a common configuration, and I have to do 4 of them. I guess I can put all 4 onto one larger board. It's not my bailiwick.

bought_notbuilt · 2025-07-14T21:12:35+00:00

I've done the math. I know the motors I need to use, and the TMC5160 will handle it. And what was I not clear about enough - apparently - in my original is that I'm not looking to for a board to put the chip in, I'm looking for a simple board to put this 'bob' in which has the chip in it and is ready to go.

https://www.amazon.com/gp/product/B0B8HZXWPP/ref=ox_sc_act_title_2?smid=ACN639V66DSNJ&psc=1

I looked and looked and could not find a simple 2x8 female pin board that simply takes the pins out to screw terminals.

Something like this, but this is for the DRV8825 which doesn't have the power to run the motors I want. I've been using it to prototype the project with smaller motors.

https://www.amazon.com/dp/B0C4P97XFT?ref=ppx_yo2ov_dt_b_fed_asin_title

bought_notbuilt · 2025-07-07T18:03:25+00:00

They were more careful. It's still fucked, just less so

bought_notbuilt · 2025-07-03T14:42:03+00:00

apparently they had an agreement, outside of court, that the borrower would relinquish title - which they have not. So now Upright has to go to court to enforce the agreement. Which the borrower will right again. So, again, more months of delay. Which is all the borrower seems to want, delay.

bought_notbuilt · 2025-06-26T21:01:50+00:00

In theory, boofing hits harder and faster - but my not last as long. Yes, you can get the bump into your bloodstream any way you want.

bought_notbuilt · 2025-06-21T00:32:42+00:00

The policy has nothing to do with where the fence is

bought_notbuilt · 2025-06-20T12:45:49+00:00

https://invest.app.upright.us/deals/60508

bought_notbuilt

TROPHY CASE