Six Peak IC Weekly Meeting
Anthony Franks, Bob Kennedy, cma@sixpeakcapital.com, Ivan, Patrick, Steven Cooney
Summary
What happened
- The meeting reviewed project logistics, HUD approval timing, and upcoming scheduling for planning sessions and an off-site.
- Participants confirmed progress on closing requirements and identified the HUD forms as the main remaining approvals.
- Bob reported legal and closing processes are largely progressing but HUD Form 2030s are the primary bottleneck.
- Steven previously signed a form allowing the consultant to bypass a security protocol; that form was submitted about one week prior and carries an expected two-week processing window, making July 3 the earliest possible HUD approval but more likely the week after Independence Day.
- Bob stated the team currently has everything needed from the group and does not require additional input for the next one to two weeks.
- Scheduling items: Chris is on holiday and expected to return on Wednesday after flying back tomorrow.
- The group has a rock (ROC) planning session scheduled for September and noted the June session covered Q3; they prefer roughly 30 days between a rock session and quarter start to close prior quarter items.
- Bob invited attendees to a team off-site planned for October 19–20, likely near Palm Springs, and attendees discussed aligning travel with an early-October topping-out event and South Africa travel.
- Steven requested a dedicated dashboard review and feedback in the next meeting; Bob will raise that with Chris when he returns.
- Open items remain the HUD timeline uncertainty and scheduling coordination for the off-site and dashboard review.
Action Items
Follow-ups
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Steven Cooney Steven Cooney will sign the legal documents for Seattle
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Bob Kennedy Bob Kennedy will bring up dedicating the next meeting to a dashboard review with Chris when Chris returns from holiday
Files Referenced
Referenced documents
None.