Anyone have experience with RREAF Holdings?

[Sean Barber]

Anyone done business with RREAF Holdings? They are a private equity firm putting together syndication deals. Just trying to find some history of what they’ve done and how they’ve performed from an unbiased third party. Thanks!

[Trush A.]

@Sean Barber

Any luck? I am also trying to get some background info on this firm.

[Sean Barber]

As you can see, I have had no responses from anyone on BP. I did my own due diligence on the firm and based upon that was comfortable investing a small amount into a deal to try them out. I’ll let you know how it turns out in 7 years!😂

[Naomi Emmerson]

Rreaf is the worst investment I have ever made. They were horrible to deal with. The accounting was very dubious, always late with reports, never received distributions, they mismanaged the assets. It was horrible. Stay away!

[Henry Jaffe]

Their projected returns look too good to be true but I'm not familiar with them. Any additional feedback on their performance would be great. Thanks.

[Naomi Emmerson]

Quote from @Henry Jaffe:

Their projected returns look too good to be true but I'm not familiar with them. Any additional feedback on their performance would be great. Thanks.

Very questionable accounting practices. Always late on reports and financials. Stay away. My one investment lost money over 5 years, never received any rent disbursement. Always excuses and I could never talk to the asset manager. 

[Sean Barber]

Quote from @Henry Jaffe:

Their projected returns look too good to be true but I'm not familiar with them. Any additional feedback on their performance would be great. Thanks.

Yes, I went in to my investment knowing that their projections were liberal. As expected, the returns have been below projections, but only by a small amount. I’m only one year in though.

[Sean Barber]

Quote from @Naomi Emmerson:

Quote from @Henry Jaffe:

Their projected returns look too good to be true but I'm not familiar with them. Any additional feedback on their performance would be great. Thanks.

Very questionable accounting practices. Always late on reports and financials. Stay away. My one investment lost money over 5 years, never received any rent disbursement. Always excuses and I could never talk to the asset manager. 

I have not had this same problem. Only one year in but thus far they have been very timely with reports and financials. While slightly below projections, disbursements have been on time.

[Dave Lundvall]

Quote from @Sean Barber:

Quote from @Naomi Emmerson:

Quote from @Henry Jaffe:

Their projected returns look too good to be true but I'm not familiar with them. Any additional feedback on their performance would be great. Thanks.

Very questionable accounting practices. Always late on reports and financials. Stay away. My one investment lost money over 5 years, never received any rent disbursement. Always excuses and I could never talk to the asset manager. 

I have not had this same problem. Only one year in but thus far they have been very timely with reports and financials. While slightly below projections, disbursements have been on time.

 @Sean Barber which investment do you have? I have Sunbelt 12 and Transcoastal.

[Sean Barber]

I’m in transcoastal. They have now missed a distribution and had one far below projections. However, it’s a difficult economic time and I still believe in the portfolio. We’ll see how they do as operators. TBD…

[Suresh Chinta]

I have invested in several (3 to be precise), except a single deal which they screwed up returns after nearly three years of mis-management. None of the two other deals performed anywhere near projections. I have very little hope on what principal will be paid back if that day ever comes!

[Dave Lundvall]

@Suresh Chinta what are you in? I'm in Transcoastal, which seems to have the best interest rate locked in. I'm also in Sunbelt 12 which hasn't distributed in over a year, and also Beachside which has never distributed.

[Robert Burnett]

Quote from @Dave Lundvall:

@Suresh Chinta what are you in? I'm in Transcoastal, which seems to have the best interest rate locked in. I'm also in Sunbelt 12 which hasn't distributed in over a year, and also Beachside which has never distributed.

 Having some issues myself with a couple others. Have you had any distributions from Beachside? And were you an original investor in it? 
So if the 3 only one has distributed any payouts? 

[Garrett Fisher]

Quote from @Naomi Emmerson:

Rreaf is the worst investment I have ever made. They were horrible to deal with. The accounting was very dubious, always late with reports, never received distributions, they mismanaged the assets. It was horrible. Stay away!

Hi Naomi,

While we appreciate the feedback, positive or negative, we do not show you in our records as having ever been invested with us. Is it possible you have us confused with another company? Your claims do not line up with our track record nor our business practices. To protect the confidentiality of investor information we do not discuss personal investments publicly but ask that you reach out to our Investor Relations team to discuss this further.

Best,