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
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
HoustonJul 24, 2025CMBS loans tied to Falls Apartment Group head to special servicingTexas investor has $90M in CMBS loans flagged, though cause is unclear