Davis put this into my head earlier and I know he "provided this service" in prior years. So lets build a list of questions he, or others going to the meeting can ask.
1. Will RAS contribute other multi family properties to IRT before or after the IPO?
2. Why was RAS unable to close the predicted 150 million in loans in Q1?
3. How much money does IRT expect to raise and how much of it will flow to RAS for investments?
9. Could RAS shareholders get an apology for the shear amount of time wasted on IRT to this point?
It looks decent going forward as a public company, so I am sure it will do fine in that arena, just will be curious to see what the starting price will be on it.
There are apologies and there are apologies. I know apologies. You, Mets fan, have no reason to request no apology. The Royal We are at our apogee of apologetic self-secreting forms. We KNOW apologies.
Tens of millions of dollars have been raised. I won't say that IRT met my hopes or expectations, but your evaluation is far too harsh. I would never ask that question based on what I know.
But here's a question for you: will RAS get an apology from you for not knowing that IRT raised far more money than it "cost".
6. Are you competing with RSO, your old sister company, or are you able to collaborate with them?
7. who will take your securitization to market? RAS no longer has the internal capabilities to do this type of transaction without significant help, right?
5. How large do you expect the bridge loan securitization to be when you originate it later this year. How much leverage do you expect (ie.....what % of securitization will be investment grade notes?)