Six Peak Capital - Weekly L10

• The meeting reviewed operational, finance, construction, and AI adoption status across projects and entities.
• Attendees confirmed ongoing closings, lender coordination, software and process milestones, and staffing updates.
• Finance and reporting: Chris reported board‑portal finance reporting will be complete mid–late July; line‑of‑credit work with Bob continues; equity restructuring under SPC/CORM2 is on track but delayed to August due to Jane’s absence.
• Bob will kickoff the finance engine meeting with Andreessen when Chris returns.
• Robert is finalizing monthly financial checklists and LV pay apps and aims to implement Claude into one LV financial workflow pending Chris's input.
• Closings and transactions: Litech closings so far total roughly $300k with two-and-a-half closings; Bob plans a closing checklist/process map and automation of note scraping.
• Francis closing remains delayed with unclear timing; team proposes a LiveTag Closing Operating Manual after Francis closes.
• An additional deposit on Resita will be funded this week.
• Negotiations with the Robert group over separation payments remain unresolved and counsel has been engaged; may transition architect‑of‑record role to Adam’s new firm.
• Construction and project coordination: Ramsgate site work is progressing; a lender call regarding off‑site utilities is scheduled to approve funding DWP off‑sites before reimbursement.
• Derek and Chris will join the Genesis construction team's call; Derek and Robert handled payment of the final DWP invoice (~$124,900) via physical check.
• JMP/GMP contract draft expected by end of the week ahead of the holiday; R4 and CalHFA need to review/see a signed GMP for approvals.
• LV AI workflow work is pending an architecting party.
• People and hiring: Grady hired a superintendent starting Monday and continues interviews for two additional superintendent roles to support 2026 deliveries and potential HVN project management support.
• Schuyler continues fundraising with CIFOL and is handling contractor LOIs; third‑party reporting work should be reassigned to an LV team member.
• Claude adoption saw no progress; a lunch‑and‑learn with Derek and Jonah and LV Cloud license extensions are proposed after the holiday.
• Other notes and open issues: Scorecard/dashboard work was postponed until Chris returns; several AI‑generated to‑dos need alignment with EOS timing.
• Formal proposals from Adaptive, Jon Stewart, Wynn, and Aperto are due the week after the Fourth of July.
• Outstanding unresolved items include Francis closing timing, Robert group separation negotiation, and selection of construction finance software (evaluation by end of August).

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