Calvert Group
Satisfaction analysis
7.2K
CLAIMED LOSSES
3
TOTAL REVIEWS
Property on rent via Calvert group, we've not received either deposit or rent from the Company
My parents own a home in Boise, ID and they had put the house for rent via Calvert Group. They owe us $3,750 since the company went bankrupt. Now my parents live in Seattle, WA and in order to serve the surmons the court is saying that they need a physical address and not an PO Box to serve the summons. There is no physical address of the company do not how to get the money back. And $3,750 is not a small amount. Any advice from anyone. Has anyone tried to serve the summons or have a physical address where we can serve the summons? Has anyone got any information?
2 comments
ID
Loss
$3750
Theft
I am a home owner who hired Calvert Group to manage my property. They Owe me rent income from November 2013- present. I sent many emails to Lora Campbell and finally recieved a response stating the checks have been mailed. I never recieved the checks and asked them to verify the information. Agian, no reply. It has been 4 months before they finally sent me an email stating the following: Dear Valued Client, We regret to inform you that due to circumstances beyond our control Calvert Group Inc was forced to close its doors effective February 15, 2013. The following is an explanation of what occurred and not an excuse for its occurrence. In early 2012 a client that consisted of two thirds of CGI's total gross revenues was foreclosed on and refused to pay monies owed to CGI in excess of $80,000. This problem was compounded by the fact that CGI was stuck with bills for this client as well. The owners of CGI took it upon themselves to try to find a solution to the financial setbacks this caused the company. And while a solution did come later that year, little did they know that by then the damage was irreversible. Upon first hearing of nonpayment of this large account, the officers of CGI took all necessary steps to ensure the continued operation of the company. CGI cut operating expenses as dramatically as possible. CGI increased marketing to gain new clients in the hopes of filling the gap that was created by our new outstanding debt and our new lowered income. Throughout this time we continued to try to collect on the balance owed. Due to the financial strains this was causing the company, CGI began slowly losing clientele. In December 2012, CGI was afforded an opportunity to take on a project in McCall, Idaho. Sadly, by February 2013 it was apparent that the owners of the McCall property also had no intention of paying their invoices. It was at this point that CGI had no choice but to stop management operations and begin the process of paying what debt CGI could. In an effort to maintain professionalism and continuity during this time of turmoil, CGI has sold its client list and management agreements to Rentology LLC. While Rentology LLC did not purchase any of CGI's debt we believed the familiar face of the new owner Lora Campbell, Owner of Rentology LLC, as well as its new philosophy would be most suited to the former clients of CGI. You can contact Lora at xxx-xxx-xxxx. Any questions regarding monies owed to you should be directed towards our attorney Andrew Woolf at xxx-xxx-xxxx. We are sorry for the inconvenience and hope to resolve this matter for all of our sakes as quickly as possible. 1. I call the number provided for their attorny and it was the wrong number. 2. They lied to me telling me the check was "mailed" 3. They stated it was "out of their control". WRONG...They took my money that did not belong to them. Per the contract I recieve my rent income, and pay them their 9%. This is a SCAM
1 comment
ID
Location
Boise, Idaho
Loss
$3094
New Reviewer
Calvert Group, Boise can't keep their lies straight
Update by user Feb 09, 2013
Just saw your reply to my compliant so I checked the BBB site and sure enough they took off my review & compliant that had been on there since June 2012. I have no idea why but you can be sure my compliant is 100% legit.
The BBB said they had no control over Calvert Group because they are not BBB accredited and said they could not help. Not sure why you would think somebody would make up lies about a company, maybe you work for Calvert Group?
I have no control over the BBB or their website. I don't care if you believe what happened to us but it is pretty obvious to me that you are trying to discredit me and make Calvert Group the good guys which anybody that has rented from them in the Boise area knows they are liars, cheats and a rotten company to work with.
Original review posted by user Jul 09, 2012
This property management, Calvert Group starts out as a nice company but turns ugly very quickly. They conduct inspections on your apartment every 3 months but either they tell you the wrong time of day for the inspection or they don't send you a notice at all, then they open up all the cabinets, even if they are yours, take pictures of your closets, drawers, underwear etc to post on their website for the owners. They charge $200 per animal which is non-refundable and the owner doesn't see any of that money, per the owner. They charged us $87. to repair two nail holes, then changed their mind and said the owner made them charge us for touch up paint, repairing screens, blinds that were damaged before move in as per their own move in sheet. By the way the owner told us she hasn't spoken to the property management company in a while because they won't return her phone calls. Try talking to them on the phone and they yell at you then hang up and when you call them back they deny they hung up and then hang up again. Filed with the BBB and they sent an email 3 months after move out to try and bully me into re-writing my negative review on them. They even charged us another $200 on the day we were moving out for a visiting animal that they said we could have come over, then another $100 late fee on the last $200 pet fee which they stated the system auto generated and they would drop the late fee but later said they wanted their late fee, so we had to pay it. I have never met such disgusting people in my life. They can't keep their lies straight even denying what they put in writing.
7 comments
ID
Location
Parma, Idaho
Loss
$387
About
Calvert Group Return Policy
Portfolio profile subject to change due to active management. The Fund employs an "absolute return" investment approach, benchmarking itself to an index of cash instruments and seeking to achieve returns that are largely independent of broad movements in stocks and bonds. The value of investments held by the Fund may increase or decrease in response to economic, and financial events (whether real, expected or perceived) in the U.S. and global markets. As interest rates rise, the value of certain income investments is likely to decline. Investments in debt instruments may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non-payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments.
To read more:
https://www.calvert.com/Calvert-Absolute-Return-Bond-Fund-CUBIX.php
Calvert Group Terms of Service
By accessing and using this website, The Client of Calvert Group are accepting and agreeing to be bound by and comply with the Terms of Use (the "Terms") in effect on the date(s) the website is accessed by The Client If The Client of Calvert Group do not agree to these Terms, please refrain from accessing or using the website. The Terms may be changed from time to time, without prior notice. The amended Terms shall automatically become effective immediately after they are posted. The Client of Calvert Group should review the most current version of the Terms each time The User of Website visit the website. This website does not, and it is not intended to, provide any financial, investment, retirement planning, insurance, legal, accounting, or tax advice. The website should not be used or relied upon by The Client as a substitute for The Client's independent research or professional advice. Nothing in this website constitutes an offer to sell or a solicitation of an offer to buy any security or any investment product or service.
To read more:
https://www.calvert.com/legal-information.php
Calvert Group Privacy Policy
The Calvert Funds and Calvert Research and Management are committed to ensuring The Customer's financial privacy. Only such information received from The User through application forms or otherwise, and information about The User's Calvert fund transactions will be collected. This may include information such as name, address, social security number, tax status, account balances and transactions. None of such information about The User (or former customers) will be disclosed to anyone, except as permitted by law (which includes disclosure to employees necessary to service The Client's account). In the normal course of servicing a customer's account, Calvert Research and Management may share information with unaffiliated third parties that perform various required services such as transfer agents, custodians and broker/dealers.
To read more:
https://www.calvert.com/privacy-policy.php
Summary
Calvert Group is an investment management company that has been on the market since 1976. It is headquartered in Bethesda, MD. Calvert Group is intended to serve individual and institutional investors. It operates through a network of professional financial advisors nationwide. Currently, the number of investors who entrust in assets to Calvert is around 400,000. The entrusted amount is over 12.5 billion. In its advocacy work, the group partners with many non-governmental organizations. The products and services of the company include Mutual Funds, Money Market funds, Variable Insurance Products, Separate Accounts, etc. They also include Services for Institutional Investors, Workplace Retirement Plans as well as college savings.
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If they declared bankruptcy, the Federal Court would have a record you can look up on the internet (maybe, with the shutdown). Likewise, you will probably get nothing from the bankruptcy.
They did file bankruptcy but didn't list some of the people they owe money to or missed how much they owe.I'm going after them because they under estimated the amount.They filed chapter 7 and are currently living in Kalispell,Montana and selling real estate.