My partner and I also paid an upfront fee when Bluestone encouraged us to do a deal with them. It cost us money, trouble and much lost time waiting, that we could have spent searching elsewhere. Nothing changed, and it definitely felt like they were just getting cash from people with no intent of making a loan. I want my money back. Is anyone seeking a class action suit? If so I want to be a part of it.
Hey here is the information you need also you can contact Neal "at sign" www.Swensenlaw.com to start trying to get your money back. He is working on our behalf on a contingency basis.
ATTN: VICTIMS OF REMINGTON FINANCIAL GROUP/Bluestone (FBI Investigation)
Victims or anyone with intimate knowledge of Remington Financial Group or BlueStone Capital have been asked to contact Special Agent Corey Riley with the FBI at 215.418.4173.
As stated in the Wall Street Journal RFG/Bluestone is under investigation with the FBI and your information is important for their case
We have been working hard to stop this company and look as though we have done it.
We are The National Heavensent Company and one of our clients is getting burned right now for $22,000. We just found out about all these law suits and we have had everything done and approved and they keep saying they cant find a lender. We need help and want to do something about this. We are a Military and Christian family and our claws are out and ready to fight. If you can help google and call please.
I read it differently-
If place is made substantially or fully untenantable and landlord elects not to repair, your liability for rent ends the day after the damage, and you must leave within 60 days. But any rent paid up until that 60 days is up will not be refunded. If the landlord elects to repair the property, then you are not liable for rent on the portion you cannot use.
If the damage is not substantial, then the landlord must repair it to the extent of the insurance proceeds unless the lease is within 12 months of expiration. Again, you will not be liable for rent on the portion you cannot use until the repair is complete.
If the damage does not render the premises untenantable the rent is not abated, and the landlord does not have to repair it if the lease is within 12 months of expiring.
My questions would involve:
Pre-paid rent- is the rent "earned" if the tenant is not "liable" for it but is still occupying the building?
Damage not paid for by insurance- is tenant liable for rent on areas that have been damaged sufficently to be untenantable and have not been restored when the insurance money is used up and repairs are "completed"?
People have been talking about this here for years- but I guess the Mayor of San Diego has enough clout to actually get something done about it.
Moral- be careful who you burn...
Chris
My partner and I also paid an upfront fee when Bluestone encouraged us to do a deal with them. It cost us money, trouble and much lost time waiting, that we could have spent searching elsewhere. Nothing changed, and it definitely felt like they were just getting cash from people with no intent of making a loan. I want my money back. Is anyone seeking a class action suit? If so I want to be a part of it.
Hey here is the information you need also you can contact Neal "at sign" www.Swensenlaw.com to start trying to get your money back. He is working on our behalf on a contingency basis.
ATTN: VICTIMS OF REMINGTON FINANCIAL GROUP/Bluestone (FBI Investigation)
Victims or anyone with intimate knowledge of Remington Financial Group or BlueStone Capital have been asked to contact Special Agent Corey Riley with the FBI at 215.418.4173.
As stated in the Wall Street Journal RFG/Bluestone is under investigation with the FBI and your information is important for their case
We have been working hard to stop this company and look as though we have done it.
We are The National Heavensent Company and one of our clients is getting burned right now for $22,000. We just found out about all these law suits and we have had everything done and approved and they keep saying they cant find a lender. We need help and want to do something about this. We are a Military and Christian family and our claws are out and ready to fight. If you can help google and call please.
It is not an entire building just retail space within a building or strip center.
If something happens to the space through no fault of mine I still have to pay rent from the way it is worded. Is that normal in NNN leases?
I read it differently-
If place is made substantially or fully untenantable and landlord elects not to repair, your liability for rent ends the day after the damage, and you must leave within 60 days. But any rent paid up until that 60 days is up will not be refunded. If the landlord elects to repair the property, then you are not liable for rent on the portion you cannot use.
If the damage is not substantial, then the landlord must repair it to the extent of the insurance proceeds unless the lease is within 12 months of expiration. Again, you will not be liable for rent on the portion you cannot use until the repair is complete.
If the damage does not render the premises untenantable the rent is not abated, and the landlord does not have to repair it if the lease is within 12 months of expiring.
My questions would involve:
Pre-paid rent- is the rent "earned" if the tenant is not "liable" for it but is still occupying the building?
Damage not paid for by insurance- is tenant liable for rent on areas that have been damaged sufficently to be untenantable and have not been restored when the insurance money is used up and repairs are "completed"?
I, of course, am also not an attorney!
Chris