All Forum Posts by: Mark Lopez

I am in the ODC Sunbelt portfolio fund and, like others mentioned, seen very poor performance since inception. Performance continues to degrade with latest update. I invested in 3 other syndications around the same time with other sponsors and ALL are outperforming ODC.

The business case was not well designed. Looks like a young group of professionals with not enough experience, navigating through various market cycles to produce an accurate  business case.  I don’t think they  accounted for any degradation in the first year(s). This caused then to have to suspend distributions and lost a lot of investor confidence.   I think this is the case of a group that did great when the market was but does not know how to navigate the current market

Frankly, the ODC group feels leaderless. I don’t know how involved Brandon Turner is, but seems like he is spending more time focused on other end endeavors. 

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. 

I invested in the ODC Sunbelt fund and so far this is the poorest performing investment in my portfolio. It is on pace to return less than 1%, way off the expected return for year one. Latest updates shows all metrics are continuing to degrade all metrics going in the wrong direction.  Good luck with Array. Hopefully will perform better.