Showing posts with label Herman Capital Partners II. Show all posts
Showing posts with label Herman Capital Partners II. Show all posts

Wednesday, January 22, 2014

Landlord Daniel Gelb Of Danlen Properties, LLC Has A Connection To Tom Petters, Lenny Frolov, Mark Erjavec, And Others...

Mugshot of Daniel Lee Gelb
(Public record mugshot, thus public domain)

GUEST POST BY CAMDEN CANARY

Let me warn you right now: this post is going to blow your mind, and probably not in a good way. Go grab some ibuprofen, trust me.

In 2008, the Minnesota business community’s jaws simultaneously dropped as Tom Petters’ home and the offices of Petters Group Worldwide were raided by federal agents. Fast forward to 2010, and Petters was sentenced to 50 years in prison for turning the company into a $3.65 billion Ponzi scheme.

It probably won’t surprise you to hear that there’s a connection to a big North Minneapolis landlord: Daniel Gelb and Danlen Properties, LLC. Even worse, Daniel Gelb appears to have connections to swindler Mark Erjavec and landlord Lenny Frolov, too.

The Gelb-Petters Connection

After Petters was sentenced, there still remained the task of finding co-conspirators or Ponzi scheme participants to recover funds for restitution to victims. That monumentally challenging task was given to a court-appointed trustee, who found his way to Daniel L. Gelb and Plaza I, Inc., both having the address of 9617 Oak Ridge Trail in Minnetonka...

Thursday, January 16, 2014

Northside Neighbors Are Gathering Info On Herman Capital Partners And Lenny Frolov...

Creative stock photo, blog post by John Hoff

Oh, those North Minneapolis neighborhood revitalizers! Once again it turns out a behind-the-scenes activist has been quietly gathering info about one of the major landlord entities in North Minneapolis, and once again info has been cast upon this blog for dissemination. 

Herman Capital Partners II is the entity which owns 4700 Colfax Ave. N., the site of a recent fire that (I keep hearing on North Vent Facebook forum) may have had a suspicious origin. 

Well, it turns out SOMEBODY (I am not saying who) has been keeping on eye on Herman Capital partners, their personnel, and their handful of similarly-named entities for a little while...

Tuesday, January 14, 2014

Fire At 4700 Colfax Ave. N. Last Night, Yet Another Rental Owned By Yet Another Absentee Landlord...

Photo credit to North Vent Facebook forum, blog post
by John Hoff

There were apparently two house fires in North Minneapolis last night, one at an abandoned house on the 500 block of Knox Ave. N. and the other, pictured above, at 4700 Colfax Ave. North. Word is nobody was home at the time and even the dog made it out safely. 

The house above is owned by Herman Capital Partners II of Crystal, Minnesota, a name that has come up before here on JNS blog and not in a positive way, click here. I do not know if Herman Capital Partners is related to Herman Capital Corporation, an entity which once provoked the ire of Hawthorne Hawkman back when he was blogging regularly as my guest blogger. 

It is unknown at this time if this house will be saved following the fire damage or if Herman Capital Partners will accept a fat insurance check and then leave another empty hole in our neighborhood in the manner all-too-typical of absentee landlords and real estate entrepreneurs who come to my neighborhood with a head full of dreamy dollar signs but end up becoming objects of scorn on neighborhood blogs. 

Thursday, August 1, 2013

Darnell Armstrong Threw 53 Grams Of Crack Cocaine Out A Car Window After Confidential Informant Told Police When And Where The Drugs Would Be Arriving, Allegedly...

Creative stock photo, blog post by John Hoff

Darnell Thomas Armstrong has been arrested over 53 grams of crack cocaine. I'm not familiar with the drug, but to me that sounds like a LOT of crack. Police learned the crack would be in transit from a confidential informant, "CI."

Click here for the criminal complaint. 

According to police, the CI told them "a quantity of crack cocaine and possibly a firearm" would be delivered to the 4300 block of Girard Ave. N. by a black male with a "heavy build and a natural afro." The male would be driving a blue Buick century.

On July 18, police set up surveillance and the vehicle came right into their trap...