Uptown Landlord Sues Jon Venetos, Claims He Bailed on Lease

Distressed multifamily investor Lurin Capital’s Uptown landlord added to the crush of lawsuits facing the troubled company and its founder Jon Venetos.

Dallas-based Rosewood Property Company claims Venetos skipped out on a lease at the firm’s signature office property, Rosewood Court.

Lurin signed a 10-year deal to lease space at the office property at 2101 Cedar Springs Road in 2018, Rosewood said in the lawsuit. The company expanded its space at the building multiple times, ultimately moving from a 1,226-square-foot space to a 6,425-square-foot office in May 2024, according to the landlord. Modifications to the agreement included extending the lease until 2035.

Terms of the lease outlined in the lawsuit show Venetos agreed to a payment schedule that started at a rate of $46 per square foot and incrementally increased to $60 per square foot by the end of the lease.

Rosewood claims Venetos was sporadic on payments starting in July 2024, and stopped paying rent altogether in June 2025. Rosewood terminated the lease in October, and Lurin Capital vacated the space in November.

Although the property is in Dallas’ most coveted office district, Rosewood said it’s been unsuccessful in filling the space. Venetos owes the landlord $5.3 million because has personally guaranteed the lease, Rosewood said. The sum includes past due rent and fees, future rent and attorney fees.

Rosewood joins a growing club of lenders, vendors, cities and landlords suing Jon Venetos over unpaid bills. Acore Capital Mortgage kicked off the crush of lawsuits in the spring when it said Venetos defaulted on nearly $400 million tied to 12 properties in Florida.

Since then, Fannie Mae sued Venetos and Lurin over a $77 million default. Vista Bank and Keybank also filed lawsuits claiming defaults. In a series of October lawsuits, Acore claimed that Venetos personally guaranteed the money he borrowed from the lender and still owes $81 million.

Lurin also got slapped with a temporary restraining order that ordered residents of a Lurin-owned property in Plano to vacate due to unsafe conditions, including lack of access to water, sewer or gas.