Brandon Turner ODC fund

[Guillermo Sanchez]

Hey, I invested back in July in array apartments fund. I'm worried, I was told to wait 6 months for distributions and we are now heading into May and $0 has been distributed. I came here to see if anyone else has invested in ODC and if they are in good standing. 

[Jay Hinrichs]

Quote from @Andrew Syrios:

Quote from @Chris Seveney:

Quote from @Andrew Syrios:

Quote from @Jim Peret:

Quote from @Mark Lopez:

the Sunbelt portfolio performance continues to degrade. Frankly, the ODC group and this fund in particular feels leaderless.  Leadership requires focus 

Brandon Turner seems to spend more time trying to sell new deals, trips to Hawaii or his “goal setting” program then he spends on the ODC group. I’d like to see some of that goal setting applied to Sunbelt. 

you talk the words out of my mouth.

In Brandon's defense, they have a big company and that's his role in it. He can't do everything.

That being said, it does appear they grew too fast and so it unfortunately doesn't surprise me that the results are beginning to drag. 

 I would respectfully disagree. If you are the owner of a company and have a deal going bad, your role should be to be communicating to investors not selling some training program or selling your other deals. If he was raising institutional money he would get destroyed by advisors if he took that approach. 

I would agree he should be communicating with investors. (And I should stress I'm not in this deal nor an investor in OPC so I can't say what he's doing.) But he's also not the only owner in that company. It's less important that he is specifically doing it than that a high level executive is (say Ryan Murdock or Brian Murray). If this isn't being done, then yes that does fall on Brandon (and his other co-owners) as the buck stops with them regarding institutional failures. 

Having worked for a billion dollar syndication company in the late 80s who had to go through this in Northern CA.  it can be a wild ride.. And for these newer companies I have to guess they simply have not encountered or planned on failing projects so its all new to them on where what why and how to deal with it.  As an Aside I follow Ryan Murdock on facebook and he is traveling the US in a RV  US and Mexico and has been at least for almost a year it seems so maybe his roll has been taken over by someone else in the ORG.. But one thing is for certain when you syndicate you now have 1000 partners who all have access to the internet for all things good bad or indifferent.
How One handles the tough times is very important to reputation management as we ALL go through tough times if you have been in this business long enough.   I also have no investment in ODC.