URL:
Location:
Los Angeles, CA
Niche:
Single Family High End
Prior::
RealtyShares

Overall:

Communication/Reporting:

Track Record/Performance:

Sponsor Fees:

To see feedback and discussions from actual Tri West investors, join over 1000 accredited investors at the 506 Investor Group. 506 Group negotiates lower fees and better terms versus investing direct.

TriWest Development (TWD)  is a premier real estate development firm focused on luxury residential development in Southern California.

TWD focuses its investments on prime coastal locations with strong fundamentals, established markets and proven demand.

The firm has sold over 100 properties in the last three years with a strong track record of success.

TWD’s current portfolio consists of premier real estate with a value of over $200 million.

CrowdDD is your source for reviews and due diligence for Twiwest Development

Due Diligence & Discussions

Share your experience. Rate and comment!

Alex Trepetin

Feb 03, 2017

Same experience as first few commentators.

Triwest uses a bit of a deceptive capital structure which took me a year or so to figure out- after a debt investment lost principle, which didn't make sense from my understanding of the deal. 

Triwest "invests" in their deals, not as equity (like most developers do), but as 2nd position debt, alongside (pari passu) outside investors, which greatly limits their downside risk, and transfers it to investors. 

Will not invest with them again.

James Bobbett

Feb 02, 2017

I invested in a 16 month "rebuild and sale" of a luxury home by TriWest on the RealtyShares platform.

- At the 16 month point they suspended the monthly preferred payments.

- At 17 months they said they were 4-6 weeks from listing home for sale.

- At 18 months they said they were 6 weeks from listing.

- At 20 months (currently) they say they are 3-4 weeks from listing.

I will not invest with TriWest again.

Arnab Bagchi

Jan 29, 2017

Invested in 3 projects of Tri-West in RealtyShares. Two of them have stopped distribuions, projects are delayed and significant uncertainty around its likely outcome. Communication has been few and reactive even with such staus of projects. Will not invest with the sponsor ever again.

Mark Kelly

Jan 28, 2017

Invested 3 times with TriWest (their first deals on RealtyShares)  2 paid off early (coincidentally in the same city of Malibu!) and the last lost money.  TriWest did pay back principle in full, but I lost faith in them afterwards.

Bob Anderson

Jan 26, 2017

Over promise and under deliver should be their motto. Invested in 3 projects with TriWest at Realty Shares. All were over budget, took longer than anticipated and either broke even or did not meet projestions.  They have seen the last of my investment dollars.

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Tri-West Development Tri-West Development
Rated 1.6/5 based on 17 customer reviews

To see feedback and discussions from actual Tri West investors, join over 1000 accredited investors at the 506 Investor Group. 506 Group negotiates lower fees and better terms versus investing direct.

TriWest Development (TWD)  is a premier real estate development firm focused on luxury residential development in Southern California.

TWD focuses its investments on prime coastal locations with strong fundamentals, established markets and proven demand.

The firm has sold over 100 properties in the last three years with a strong track record of success.

TWD’s current portfolio consists of premier real estate with a value of over $200 million.

CrowdDD is your source for reviews and due diligence for Twiwest Development