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Jay Morrison's Journey Uncovered: TREF’s Alleged Mismanagement
Manage episode 420675004 series 3283064
Το περιεχόμενο παρέχεται από το DIY Entrepreneurs. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον DIY Entrepreneurs ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
🔎 Once hailed as a community organizer with a noble vision for inner city redevelopment, Jay Morrison's journey with the Tulsa Real Estate Fund (TREF) has taken a turbulent turn amid allegations of mismanagement and a looming real estate scandal. In this episode, we peel back the layers on Morrison's lifestyle journey, that led to his leadership of TREF, an investment fund that promised accredited and non-accredited investors an opportunity to revitalize underserved neighborhoods through strategic real estate acquisitions and asset optimization. However, with TREF's portfolio now dwindled to a single remaining property - the Legacy Center building in Atlanta - serious questions have arisen about Morrison's handling of the fund's operations and investor capital. We'll examine the red flags, from delayed investor payouts to lack of transparency around key decisions. As the Legacy Center building has been goes up for sale, this episode seeks to uncover what derailed TREF's ambitious mission of urban renewal and wealth creation through real estate investing in Atlanta and beyond. Whether you're simply fascinated by the high-stakes world of investment funds or deeply concerned about protecting your own capital, this is a must-listen cautionary tale about the perils of mismanaged money and broken promises in the name of community upliftment. Profit Predators Season 1, Ep 8 === 0:00 Jay Morrison's Story Intro 1:00 Profit Predators Intro 1:34 Jay's Early life and background 2:55 Jay's Entry into the Drug Trade 5:11 Jay's Prison and New Strategies 7:53 Jay's Transition to Real Estate 9:04The Tulsa Real Estate Fund 10:21The PSA from the NFL 11:13 Fallout and Accountability 13:38 The Legacy Center Sold 16:07 Profit Predators conclusion ======================================= Subscribe to the DIYe Podcasts: Spotify: https://open.spotify.com/show/05Ps1MNxMer1XKkAFY6qyJ iHeart Radio: https://iheart.com/podcast/103626682/ YouTube: https://www.youtube.com/c/TheDIYEntrepreneurs =======================================
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