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Cases / Investment funds & advisory

Pacific Property Assets, Apartments America

Michael J. Stewart, John J. Packard

ReportedFeb 5, 2014
LocationPhoenix, AZ
Amount$110,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Pacific Property Assets, Apartments America
Industry
Apartment complex acquisition and renovation (Southern California and Arizona)
How investors were recruited
Stewart raised funds from investors out of the Irvine, CA office
Pitch & red flags
misrepresented company's financial condition

Source

ocweekly.com

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