What’s Left of Nate Paul’s Austin Real Estate Empire?

Austin real estate investor Nate Paul’s meteoric rise — and subsequent fall — shaped the Texas capital’s downtown footprint over the past decade. Paul founded his real estate investment firm, World Class Holdings, in 2007 at 20 years old. By 2016, he was named to Forbes’ 30-Under-30 list, and a profile from the following year estimated his portfolio was worth $1.2 billion, with 120 properties across 17 states. By 2019, however, cracks in the facade emerged when the FBI raided Paul’s home and office. It turns out that he’d been defaulting on hundreds of millions of dollars in loans, and [...] This article originally appeared on The Real Deal.