Comment on Housing operator fights students, investors and now a Wall Street colossus

Housing operator fights students, investors and now a Wall Street colossus

A student-housing operator that tenants and investors say has badly mismanaged high-end properties across the country has added a Wall Street colossus to the list of legal opponents. Benjamin Rasmussen, The New York TimesProspective renters are given a tour of the Auraria Student Lofts in Denver on Sept. 23, 2021. Fortress Investment Group, an investment firm managing money for institutional and private clients, has mounted an attempt to seize control of a high-rise student apartment building in Denver from Patrick Nelson and his company, Nelson Partners Student Housing. Nelson Partners, which operates housing complexes in eight states, has been sued by investors who say that Nelson owes them tens of millions of dollars.

 

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