Jan 25, 2018
UPDATE Aug 2019 - Property continues to perform. Avistone was originally paying 7% monthly and accruing 1% of the pref but earlier this year made up the accrued portion and pays the full 8% on a monthly basis now. Very steady so far.
I have been in the Avistone deal in Columbus for almost a year. As others have noted, monthly ACH distributions right at the projected 7% cash (1% accruing to hit 8% pref). Good communication. Always able to get them on the phone with any questions or discussions of future transactions. Would definitely invest in another project with them..