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Updated 12 months ago on . Most recent reply

User Stats

5
Posts
2
Votes
Jeff Knorr
  • Real Estate Investor
  • Jersey City, NJ
2
Votes |
5
Posts

Bakerson in Phoenix, Arizona

Jeff Knorr
  • Real Estate Investor
  • Jersey City, NJ
Posted

Hello BP, 

Does anyone have any experience investing with Bakerson in Phoenix, Arizona?  I have made a Bridge Loan to them on their Pueblo Springs Apartment project--they are passed due in paying off the loan and are not responsive with information to resolve that situation.  Now my primary contact, Dave Sherman, is saying that I need to deal with Bruce Wuollet on the matter (as apparently they aren't sharing information with each other).  It sounds like a great partnership... Any advice or insight would be appreciated before I lawyer up and book my flight to AZ!

Thank you,

Jeff

Most Popular Reply

User Stats

65
Posts
33
Votes
Adam Cade
  • Investor
  • Blacksburg, VA
33
Votes |
65
Posts
Adam Cade
  • Investor
  • Blacksburg, VA
Replied

@David Oechslein sorry to hear about your woes with Bakerson. Yes, when Mike reached out to me years ago about a bridge loan, I did some of my own research. Definitely a shady company and their lack of integrity speaks volumes. LP investor beware!

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