Versity Invest initial CIO
Frank J. Muhlon
Initial CIO of Versity Invest. Officer since March 2022. Form 1-A bio and 2022 compensation. Later Crew Campus / Oso Verde.
Named initial Chief Investment Officer in the 12 Apr 2022 Versity Invest operating agreement. Form 1-A officer table (31 Oct 2023): CIO since March 2022, age 51. Bio there: Rutgers B.S. finance, NYU M.S. real estate finance; prior CrowdStreet, Ten-X, Orix USA/Houlihan Lokey, Silverstein Properties. Originates and manages multifamily and student housing nationally.
FY 2022 cash compensation in the same filing: $447,748 — second of the three named officers, above Tanya Muro ($300,000) and below Blake Wettengel ($560,000). Not a manager.
The Apex South Creek PSA (1 Aug 2022) names him as Versity Invest’s notice addressee. LinkedIn posts: July 2022 Versity Invest buy-side (Orlando, Alabama, Houston, Oklahoma State); January 2024 Oso Verde as the Crew Campus REIT seed, with Book & Ladder to manage. Later title in public directories: Crew CIO / Crew Campus director. LinkedIn more recently: CIO and board member, Campus Capital LLC.
BCLP addressed the 11 Nov 2024 Apex IB default notices to him at Versity Invest. Forum listed him among employees to name in a FINRA arbitration “if licensed.” No BrokerCheck CRD found under this name.
Timeline
- 2–21 Apr 2022Operating agreement 12 Apr: two managers; initial CFO Jennifer Welker, CIO Frank Muhlon. Same day: Vintage Trust Agreement (IB 100%; Sorensen Entity Services Delaware Trustee; Vintage ST Signatory Trustee; Chris Sorensen Independent Trustee), master lease DST → Vintage LeaseCo (10 years 3 months), Book & Ladder PMA at 2.5% of Monthly Gross Revenues, Walker & Dunlop first mortgage $52,346,000, buy $119.6 million from Vintage Horizon Owner, LLC (PPM and IB complaint), and first sale; Vintage LeaseCo side letter sends excess revenue and disposition fees to Vintage IB until Full Redemption (KHCA is a third-party beneficiary); and the KHCA loan amendment naming the new sponsor — the VIP Bonds circular calls that first amendment the Crayhill Credit Facility and adds Versity Invest as co-guarantor. Form D 21 Apr 2022. Related persons: Wettengel and Muro. Selling group includes Tim Sherer and Brian Nelson at Emerson.
- 11 Nov 2024BCLP default demand on the Apex IB notes and Crew guaranties: $44,611,907. Lender letter says the IB distributed $4 million in acquisition fees to itself. Demand, not a finding. Addressed to Frank Muhlon.