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Starwood Sues Multifamily Syndicator For $110M In Personal Guarantees

Barchart·06/04/2025 13:28:10
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Starwood Capital is suing a multifamily syndicator that has struggled to pay interest on his loans.  Starwood sued Alan Stalcup, principal of multifamily firm GVA Real Estate Group, in three lawsuits alleging the investor breached guarantees on loans tied to three Sunbelt properties, The Real Deal reported. The multifamily properties are 1825 Parker Road in Conyers, Georgia, 101 Casa Mirella Way in Windermere, Florida, and 100 Belle Valley Drive in Nashville, Tennessee. The lawsuits were filed after GVA allegedly failed to pay interest on loans tied to the properties, triggering personal recourse guarantees. Starwood alleges that Stalcup owes the company more than $110M. Benefit Street Partners also sued Stalcup in February for alleged...