Terracotta Credit Reit, LLC v. PR Retail Investors, LLC et al

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Case overview

Case Number:

2:24-cv-00013

Court:

California Central

Nature of Suit:

Contract: Other

Judge:

Michael W. Fitzgerald

Firms

  1. February 23, 2024

    REIT, Loan Guarantors Spar Over Venue For $70M Loan Suit

    A real estate investment trust and loan guarantors traded blows in California federal court over remanding the REIT's suit accusing the companies of owing payments for nearly $70 million in loans.

  2. January 03, 2024

    REIT Alleges Tacoma Developer Misdeeds In $70M Loan Suit

    TerraCotta Credit REIT LLC has hit a beleaguered developer and several affiliates behind a Washington state real estate project besieged by numerous credit claims since the pandemic with allegations of misconduct tied to six loans totaling nearly $70 million, per a suit moved to California federal court.