Crew Enterprises DST Investors with suspended distributions please PM me

[Brett Henricks]

If you are a DST investor with Crew Enterprises formerly known as Versity, and before that NB Private Capital, and have had your monthly distributions suspended I'd like to hear from you. Please PM me. Thanks to Bigger Pockets members I am now aware of six Crew DSTs that have or had their distributions suspended. Four of the DSTs are student housing in Reno, Austin, Alabama and Louisiana and two are apartments in San Diego and Houston. Crew expects some relief through the 721 UPREIT for the student housing properties but details on the execution are hard to come by. I'd like to hear about your experience. I'm curious if there are additional distressed Crew DSTs out there.

[Brett Henricks]

Wow, so this Tampa property makes an 8th Crew/Versity property with suspended distributions that I have been able to find. This Sponsor has at least 8 properties in some kind of distress all in different geographical areas. We now have properties in Houston, Austin, Reno, Tempe, San Diego, Alabama, Louisiana and now Tampa. Please keep reaching out if you have one of these properties or yet another Versity/Crew property with suspended distributions. I'd like to hear from you.