I am not investing in the Tulsa Real Estate Fund – 3 Reasons Why

People from the African diaspora have been in search of a “Promised Land” - A corner of this place called Earth where Black people are free from genocide, slavery, human trafficking, drug epidemics, chemical testing, and gentrification.

God’s chosen people, the original Black Jews, where promised Canaan, the land of “milk and honey”. Dr. Martin Luther King, Jr. spoke of a promised land in his 1968 sermon, I’ve Been to the Mountaintop. Others have chosen a holy land rather than a promised land. At least once in their lifetime, devout Muslims will hajj to Mecca to commune with other believers and pay homage to God.

Over the last decade or so, more and more Black folks have found a new “unofficial” promised land – ATLANTA. Atlanta (tied with the DMV) ranks #1 in cities where African-Americans are prospering. With access to higher-wage jobs, your choice of historically Black colleges and universities, and entrepreneurs making 20% of its population, Atlanta is ideal for creating a land of hope and prosperity for Black and Brown people.

The Black community apparently also has a Moses to lead the people towards economic freedom. His name is Jay Morrison, CEO of the Tulsa Real Estate Fund located in Atlanta, Ga. Per the fund’s “About” page, the TREF is a $50 million-dollar Regulation A+ Tier 2 real estate crowdfund that finances urban redevelopment. Tier 2 of Regulation A is an SEC qualification that allows unaccredited investors to access real estate investment opportunities. Previously, to invest in a real estate fund, you needed to possess an annual income of $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income as an accredited investor.