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Parthenon Realty TIC Investors v. Daymark Properties Realty, Norcross, Georgia

Parthenon was a group of 17 Tenant In Common owners that owned over 200,000SF of office buildings in a submarket of Atlanta. Daymark was managing the properties.  The owners decided to change property managers and Daymark refused to provide an accounting or turn over funds exceeding $300,000 to the new property manager. Daymark wrongfully transferred the funds to their parent company in California. Litigation ensued and Rubin & Rubin was successfully able to gain a return of 100% of the funds to their rightful owners before the necessity of a trial.

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