Crowdstreet/Nightingale Properties Fiasco
Hello All.
Does anybody here have any inside scoop on the latest fraud case in real estate perpetrated by Nightingale Properties?
Hello All.
Does anybody here have any inside scoop on the latest fraud case in real estate perpetrated by Nightingale Properties?
Career Resources
Surprised this topic isn't getting much traction when the Tides thread has like 500 comments. Seems like Nightingale has been much shadier and shit is really hitting the fan for them.
Lol cause no one knows who they are
Aren't they a pretty well known, large owner outside NYC?
I mean, there isn't much to say. They just stole a bunch of money. While that is insane and the implications for CrowdStreet are pretty serious, there isn't a whole discussion of "how did this happen?" It's a tale as old as time - no financial controls and shady operators. Of course money was stolen!
Interesting too because they have a team of like 60 people
https://thenggroup.com/team/
Imagine the biweekly payroll for a team like this. How large are their fees?
100% because they're pocketing funds lmao
I’ve said this time & again on this forum. If someone knew the facts - why would they share it on an anonymous forum. This is active litigation. (1) they are risking themselves if they get caught. (2) until the case settles or is ruled upon, you won’t know the truth if you’re not part of it.
Pretty sure their entire nyc acquisitions team left last week
Looks like one of them even removed reference to having worked at Nightingale Properties. Bad bad stuff indeed.
Just kind of surprised that people still work for this company and why the Sponsor hasn't been arrested yet.
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