Changing the Guard at RCU

For the most part, Greg Woolley and I are in agreement. The management of RCU over the past few years has been inept. The fees expropriated have been disgusting. And something needs to be done about it. If we agreed on what that something is, our problems would have been fixed a long time ago. Unfortunately, we don't. In June last year, I sent Woolley a draft plan on how we could replace RCU's manager with someone more adept and more aligned. He didn't respond. He spent the next five months acquiring as many units as he could, then underwrote...

For the most part, Greg Woolley and I are in agreement. The management of RCU over the past few years has been inept. The fees expropriated have been disgusting. And something needs to be done about it. If we agreed on what that something is, our problems would have been fixed a long time ago.

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