DST Report

Orange County · 30-2026-01543537

DST plaintiffs v. Crew

Orange County 30-2026-01543537-CU-CO-CXC. Seventeen DSTs. Filed 29 Jan 2026. Allegations.

Nelson / Versity Crew / KHCA Orange County 30-2026-01543537-CU-CO-CXC As of 2026-09-02
Court
Orange County Superior Court (Melzer, CX-102)
Filed
29 Jan 2026 · ROA 2 complaint
Plaintiffs
Seventeen DSTs through their trustees. NBPRE four (CP Cincy, Element, Tuscany Place, Molly Barr) plus thirteen Versity I names, including Wolf Run Vintage (498 Beverly), not Vintage Horizon West.
Defendants
Versity Invest aka Crew, Book and Ladder, Wettengel, Muro, Academy West Investments, Academy West Capital, TripSnap, TripSnap Enterprises, Wettengel Productions (caption CA LLC / body DE LLC), Does 1–100
Counsel
Miller Miller Gerber (Joshua G. Simon complaint; Charles R. Patterson opposition)
10 Jul 2026
ROA 47 opposition to motion to compel mediation. Related case 30-2025-01535878 on the caption. PPM excerpts for CP Cincy, 345 Flats, Tailor Lofts.

Seventeen DSTs sued Crew, Book & Ladder, Wettengel, Muro, Academy West, TripSnap, and Wettengel Productions on 29 Jan 2026. Miller Miller Gerber is counsel. Fourteen causes; jury demand. Allegations.

NBPRE four: CP Cincy, Element, Tuscany Place, Molly Barr. Versity I thirteen, including 4th & J and Wolf Run Vintage (498 Beverly) — not Vintage Horizon West.

The complaint alleges Crew as de facto asset manager December 2023–15 May 2025, a December 2023 $30 million buyout, diverted Factory sale proceeds, and $2,125,465 unauthorized Molly Barr sale-escrow deductions. Allegations.

ROA 47 (10 Jul 2026) opposes Crew’s motion to compel mediation. Caption lists related case 30-2025-01535878. It recites the JAMS confirmation. PPM excerpts: CP Cincy, 345 Flats, Tailor Lofts — not a full 4th & J PPM.

Timeline

  1. 2 Jan 2024
    Molly Barr Settlement Agreement (DST complaint). Separate from the Dec 2023 Nelson–Crew deal. The later OC suit alleges Crew still took $2,125,465 from sale escrow. Allegations.
  2. 28–29 Jan 2026
    Vintage investors get a Crew email. 29 Jan: OC 30-2026-01543537-CU-CO-CXC — seventeen DSTs (NBPRE four plus 13 Versity Investments, including Wolf Run Vintage, not Vintage Horizon West) sue Crew, Book & Ladder, Wettengel, Muro, Academy West, TripSnap, and Wettengel Productions. Fourteen causes; jury demand. Counsel Miller Miller Gerber. Allegations.

    OC 30-2026-01543537

  3. 10 Jul 2026
    DST plaintiffs oppose Crew’s motion to compel mediation on Versity Investments OA §13.4 (ROA 47). Caption lists related case 30-2025-01535878. PPM excerpts (CP Cincy, 345 Flats, Tailor Lofts) and a recitation of the 26 Nov 2025 JAMS Final Award.

    OC 30-2026-01543537 ROA 47