HoustonJan 7, 2026Rao Polavarapu’s bankruptcy filing triggers personal guarantee, lender claimsHouston investor owes Wells Fargo more than $30M after guaranteeing a $29M CMBS loan, according to lawsuit
HoustonFeb 26, 2026ThirdEye tapped to stabilize Rao Polavarapu’s 3,600-unit Houston portfolio amid bankruptcyHis Falls Apartment Group still owns the 10 troubled apartment properties
HoustonJul 24, 2025CMBS loans tied to Falls Apartment Group head to special servicingTexas investor has $90M in CMBS loans flagged, though cause is unclear