Sources

Grouped by what each source is good for. Lawyer-marketing pages are labeled. Forum posts are not proof. Prefer the filing when it disagrees with a webinar.

Investor forums

BiggerPockets · Crew Enterprises DST investors thread. Primary investor-side record. 26 pages, 643 posts captured 19 Aug 2026. Hearsay, repetition, and sponsor spin included; used as color, not as a court. This site does not republish the posts.

New York · KHCA v. Versity / Crew

• 2026 NY Slip Op 31536(U) — Bannon, 10 Apr 2026. Contract/alter-ego live; fraud dismissed as duplicative.
• 2024 NY Slip Op 34396(U) — TRO/PI-phase decision, same index.
• Verified first amended complaint · NYSCEF Doc 119 (13 Aug 2024) — public copy posted by MDF Law (investor-side firm). NYSCEF-stamped.
• Original verified complaint · NYSCEF Doc 49 (filed 17 May 2024) — Exhibit E of the Delaware BCS2 DocketAlarm bundle below (paywalled). NYSCEF Doc 137 is an exhibit of Doc 119 attached to the defendants’ motion to dismiss (Motion 009, 13 Sep 2024), not a second amended complaint. Skip.

Delaware Chancery

• Hayworth Tanglewood IB v. Hayworth Tanglewood DST, C.A. 2025-0748-SEM — 15 Jan 2026, stay denied. Verified complaint (HTML preview): DocketAlarm 98906126 (paywalled PDF not obtained). Exhibits A–D (PPM 7 Jul 2022; Trust Agreement 29 Jun 2022, image-only; master lease and LeaseCo side letter 30 Jun 2022): DocketAlarm 98906128 (paywalled).
• Vintage IB, LLC v. Vintage, DST et al., C.A. 2025-0757 — verified complaint filed 1 Jul 2025. Complaint body is Exhibit F of the BCS2 DocketAlarm pull (paywalled). Exhibits A–D (PPM 11 Jan 2022; Trust Agreement and master lease 12 Apr 2022; LeaseCo side letter 12 Apr 2022): DocketAlarm 98920508 (paywalled).
• BCS1, LLC v. The Walk DST, 2025-1055-SEM — DocketAlarm. Caption only. Petition not obtained. No posted opinion.
• BCS1, LLC v. Vintage DST, 2025-1056-SEM and BCS2, LLC v. Apex South Creek DST, 2025-0990-SEM — no posted opinion found for BCS1. BCS2 exhibit bundle: DocketAlarm 100561351 (paywalled).

New York · IBI Volcano / West 4 v. Crew

• I.B.I. Volcano Investments LLC and West 4 Capital LP v. Crew Enterprises, LLC · Index 652237/2025.
  • NYSCEF Doc 22 (8 Apr 2025) — motion for summary judgment in lieu of complaint. Exhibit C of the BCS2 DocketAlarm pull (paywalled).
  • NYSCEF Docs 3–16 — Sapir affirmation, three notes and guaranties, Comrit assignment (3 Jul 2023), first amendments (5 and 10 Apr 2024), default notices (11 Nov 2024). WebCivil, 25 Aug 2026.
  • NYSCEF Doc 26 (15 Jul 2025) — Crane Decision + Order. Unopposed CPLR 3213 granted in part on default.
  • NYSCEF Doc 31 (30 Sep 2025) — clerk JUDGMENT - MONEY. Volcano $45,498,832.38; West 4 $4,494,349.18; costs $535.

California · Orange County

Search Civil Case Access by case number after Accept Terms. The register of actions is public. Most documents filed after 1 Jan 2008 are paid. ShowCase.do is a session endpoint, not a docket page.

• DST plaintiffs v. Versity Invest / Crew et al. · 30-2026-01543537-CU-CO-CXC (filed 29 Jan 2026). Seventeen DSTs. ROA 2 complaint and ROA 47 opposition (10 Jul 2026) are paid Civil Case Access. Not a public copy. Allegations.
• Brian Nelson v. Crew Enterprises, LLC, Wettengel, Muro, Book & Ladder, Axos Bank, and Versity Investments · 30-2025-01499716-CU-AT-CJC (28 Jul 2025). Complaint for injunctive and declaratory relief pending confirmation of a JAMS partial final award. Exhibit G of the BCS2 DocketAlarm pull (paywalled). Allegations.
• Versity Investments / Nelson / NBPRE v. Versity Invest / Crew et al. · 30-2025-01535878-CU-CO-CXC (filed 24 Dec 2025). ROA 2 complaint (62 pp) and ROA 51 minutes (23 Jul 2026; motion to compel mediation denied) are paid Civil Case Access. Not a public copy. Allegations in the complaint.
• JAMS Final Award confirmation · 30-2025-01534910-CU-PA-CJC. Judgment on arbitration award, ROA 66, entered 22 Apr 2026 (Hesseltine, C23). Confirms the 26 Nov 2025 Final Award (Kennedy; Refs. 5200001507 / 5200001580). Paid Civil Case Access. Not a public copy. Image-only.
• Brian Nelson et al. v. Blake Wettengel et al. · 30-2023-01356667-CU-BC-CXC (20 Oct 2023). Named in KHCA Doc 49; the Dec 2023 settlement. Pleading not pulled.
• Brian Nelson v. Patrick Nelson · 30-2021-01197655-CU-PA-CJC (judgment 24 Jun 2021). Recited in the Versity I complaint. Pleading not pulled.
• Nelson Partners Property Management v. Wettengel · filed 30 Nov 2020.
• Signature Collection Properties v. Academy West Investments · filed 17 Jun 2021.

IRS

• Revenue Ruling 2004-86 · IRB 2004-33. DST beneficial interests as like-kind real estate under 1031, if the trustee cannot vary the investment.

SEC

• 4ANDJ, DST Form D · CIK 0001889742 · filed 2 Nov 2021.
• Vintage, DST Form D · CIK 0001924699 · filed 21 Apr 2022.
• First Amendment to Senior Secured Term Loan (KHCA) · 12 Apr 2022.
• Certificate of Formation · Versity InvestCo, LLC · Delaware file 6684437 · 17 Mar 2022.
• Certificate of Amendment · Versity Invest, LLC · 23 Mar 2022.
• LLC Agreement · Versity Invest, LLC · 12 Apr 2022.
• BackOffice Services Agreement with Versity Investments · 2 Apr 2022 · Form 1-A/A 000165495423013057 Ex. 6(e).
• Intellectual Property License with Versity Investments · 2 Apr 2022 · Ex. 6(f). Names “Versity” / “Versity Investments”; royalty TBD via 10% note.
• Purchase and Sale Agreement · Hayworth · 11 Apr 2022 · Ex. 6(b). TDC Tanglewood → Versity Invest · $105.5 million. Scanned.
• Purchase and Sale Agreement · One on 4th · 8 Apr 2022 · Ex. 6(c). Stillwater Student Housing Owner → Versity Invest · $51.5–52 million. Scanned.
• Purchase and Sale Agreement · Apex South Creek · 1 Aug 2022 · Ex. 6(d). DHIC - South Creek → Versity Invest · $100 million. Scanned.
• Form 1-A/A · Versity Invest VIP Bonds · CIK 0001968611 · 31 Oct 2023. Preliminary circular.
• Form 1-A/A · Versity Invest VIP Bonds · CIK 0001968611 · signed 21 Feb 2024. Later amendment. HTML is the record.
• Trust Agreement · Apex South Creek, DST · 18 Nov 2022 · Form 1-A/A 000165495423013057 Ex. 6(i).
• Master lease · Apex South Creek · 18 Nov 2022 · Ex. 6(h).
• Asset management agreement · Apex South Creek · 18 Nov 2022 · Ex. 6(g). Versity Invest at 1% of Gross Revenue.
• Property management agreement · Apex South Creek · 18 Nov 2022 · Ex. 6(m). Book & Ladder at 3% of Monthly Gross Revenues.
• Property management agreement · Vintage · 12 Apr 2022 · Ex. 6(l). Book & Ladder at 2.5% of Monthly Gross Revenues.
• Property management agreement · The Walk · 29 Apr 2022 · Ex. 6(k). Book & Ladder at 3% of Monthly Gross Revenues.
• Property management agreement · Hayworth · 30 Jun 2022 · Ex. 6(n). Book & Ladder at 2.5% of Monthly Gross Revenues.
• Property management agreement · One on 4th · 26 Jul 2022 · Ex. 6(j). Book & Ladder at 2.5% of Monthly Gross Revenues.
• In the Matter of Emerson Equity, LLC · File 3-22507 · 11 Aug 2025. GWG L-Bonds, not these DSTs.

FINRA and BrokerCheck

• FINRA Rule 12206
• Emerson Equity LLC · CRD 130032 · Form ADV filed 8 Apr 2026
• Oceanic Partners, Inc. · CRD 174179 · Form ADV filed 13 May 2026 · related shop, not a 5%+ Emerson owner
• Dominic Julio Baldini · CRD 3082081 · PDF · sole disclosed 5%+ owner (75%+)
• Timothy Evan Sullivan · CRD 4505978 · Emerson RR / Oceanic CEO
• Jaclyn Strife Sullivan · CRD 5334639 · Emerson RR / Oceanic COO
• Timothy J. Sherer · CRD 833618 · PDF
• Brian Jensen Nelson · CRD 5065593 · PDF
• Ryan Sherer · CRD 5952617

News and operator sites

• The Real Deal · Buckingham foreclosure (11 Mar 2026)
• The Real Deal · Versity late on Chicago loans (18 Aug 2025)
• The New York Times · Patrick Nelson (18 Mar 2024)
• Versity Invest PR (24 Feb 2023)
• Crew Campus REIT + Oso Verde (15 Feb 2024)
• Crew rebrand (6 May 2024)
• Versity FAQ · Waterfall · blakewettengel.com · tanyamuro.com
• Oceanic Partners · Baldini listed as advisor; “real estate single-asset syndications” in Select Services
• California Bar · Linda Ann Kline #213961

Not obtained

These files are not in this archive. Public caption or EDGAR URL where one exists. Paid copies are not republished here.

• Vintage PPM supplement matching Form D $87,963,540. The 11 Jan 2022 PPM (DocketAlarm 98920508) is the pre-close $75,408,161 form. The VIP Bonds circular states the Form D size.
• Hayworth IB C.A. 2025-0748 verified complaint PDF (DocketAlarm 98906126). HTML preview is extracted. Exhibits A–D (PPM, TA, lease, side letter) are on disk.
• BCS1 v. Vintage DST, 2025-1056-SEM — petition not in this archive. Opinion not posted (MTD heard 14 Jul 2026, taken under advisement).
• BCS1 v. The Walk DST, 2025-1055-SEM — DocketAlarm. Second amended petition (23 Jun 2026) and exhibits not obtained. No posted opinion.
• 4th & J PPM. Form D is public. Cameron Exit Strategies excerpt is on the BiggerPockets thread, not the full memo.
• Walk and One on 4th Trust Agreements. Apex TA is on EDGAR. Hayworth TA is image-only in 98906128.
• OC 30-2023-01356667 pleading (Dec 2023 settlement). Recited in later files.
• OC 30-2021-01197655 pleading (Brian v. Patrick). Recited.
• Welker / Sunstone bankruptcy (C.D. Cal. 8:25-bk-11049-SC) Doc 72 PDF. Cited via BiggerPockets transcription.

NYSCEF Doc 137 is a copy of Doc 119 on Motion 009, not a second amended complaint. McQuade engagement letters, OC payment receipts, and home addresses are not published.

Vintage’s $119.6 million purchase and $4,784,000 acquisition fee are in the 11 Jan 2022 PPM, not a recorded deed. PPM offering $75.4 million; Form D $88.0 million. The $4 million Apex acquisition-fee figure is a Volcano default-notice allegation, not a Crane finding. Capistrano house / Anaheim hotels are allegations in the KHCA complaints, not findings.