🔎 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 =======================================
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!