Applesway, investors delinquent on $60M linked to Westchase apartments
Applesway's Jay Gajavelli, EnRitch Investment Group's Brent Ritchie, Picheny's Matt Picheny (Getty, Linkedin, Applesway, EnRitch Investment Group, WhisperToMe/Public domain/via Wikimedia Commons)An Applesway Investment Group-linked LLC and a separate joint venture are delinquent on a collateralized loan obligation tied to a four-property multifamily portfolio in Houston. The owners are 30 days delinquent on a $60 million floating-rate securitized loan, according to […]
Source: yahoo.com