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14643 Dallas Pkwy, 5950 Berkshire Ln #850, Dallas, TX, 75254, United States
Get directionsWeekday | Schedule | Status |
---|---|---|
Mon | 9:00 a.m. to 6:00 p.m. | |
Tue | 9:00 a.m. to 6:00 p.m. | |
Wed | 9:00 a.m. to 6:00 p.m. | |
Thu | 9:00 a.m. to 6:00 p.m. | |
Fri | 9:00 a.m. to 6:00 p.m. | |
Sat | Closed | |
Sun | Closed |
This company bought properties at covid reduced pricing and unlike some other REIT's they manage their own properties and used to provide a solid 11% return each month, Until July 2024, under some sort of SEC investigation and not paying out dividends based on their lawyers recommendations. Lack of communication and turn over of employees has become a real concern. That is why these investments are considered high risk. I would not invest another dime or for new investors stay away!!
This company buys properties at covid reduced pricing and unlike some other REIT's they manage their own properties and used to provide a solid 11% return each month, Until July 2024, under some sort of SEC investigation and not paying out dividends based on their lawyers recommendations. Lack of communication and turn over of employees has become a real concern. That is why these investments are considered high risk. I would not invest another dime or for new investors stay away!!
They will not pay as advertised. No clarity and transparency. Will never invest again with this company.
Please Don't invest. I have invested in August 2022. Distribution is around 6% and promised 12% return. Phoenix American Hospitality is associated with an SEC investigation into potential securities law violations, including issues with unregistered securities, lack of due diligence, and misrepresentation of risks.
So far, this looks like the best investment I've ever made. Current distributions are being paid out monthly at an annual rate of 12% and that does not include the capital appreciation yet to come. Update: The payout has decreased to 8% following a months-long suspension due to irregularities that prompted an SEC investigation. They are very sketchy concerning details of the matter, including any information about the decrease in monthly distribution amounts. It is impossible e to get any information about a return on our in... read more
PAH Management has a 3.6 star rating with 31 reviews.
PAH Management is closed now. It will open tomorrow at 9:00 a.m.
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