Important Security Information: LandSpire Group Justin Nunez, a Business Unit Partner in TPG Public Equity Partners, and Liz Stiverson, a Principal and Chief of Staff in TPGs Executive Office, will oversee the day-to-day management of the initiative in partnership with a group of executive sponsors, including Winkelried, Jim Coulter, Kelvin Davis, and Anilu Vazquez-Ubarri. Filings. Justiin Davis has been described by The Huffington Post as "One to watch out for!" You mentioned Alex Bhathal. Well, Justin, you know, I almost want to say you've you've got the heart of a nonprofit affordable housing developer, and we're glad that you're in the space as a result of that. We've worked with the county in terms of the county put together RFP like what had to be on the site, but really working with the community and having multiple community meetings together. Subscribe to our Opportunity Zone newsletter. justin davis landspire And so I understand the work, you know, of a credit analyst. Aug 2022 - Present6 months. As Chief Operating Officer, Justin brings over a decade of experience chartering multi-year investment strategies Josh: Yeah, understood. The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. So spent a lot of time going by that intersection and hoping one day that it would be developed into something that we could be proud of. justin davis landspire So it's really on that individual to understand, what are you in it for? Instead, Childress and his former Stanford teammate, Justin Davis, opted in 2018 to start their real estate fund, LandSpire Group, with the mission of revitalizing underserved communities of color. TPG NEXT will provide flexible growth capital and operating resources to seed, support, and scale the next generation of diverse investors and entrepreneurs including women, people of color, and LGBTQ+. Ulysses Junior Bridgeman wagered every last dollar he saved from his 12-year NBA career on the belief that he knew the answer to a simple question. And you've repeated it several times. And I think it's a big part of your success. Before joining BRIDGE, Alexis was a project manager for Thomas Safran & Associates where she managed the development and refinancing of affordable housing projects in LA County. Bridgeman, the patriarch of a family conglomerate of Wendys franchises, Chilis restaurants, Coca-Cola bottling operations and African American-centric magazines like Ebony and Jet, also is a godfather among NBA players who went on to do great things in business. And so what I've always done is I think what Alexis is point was about listening, absorbing that input. And like how can you use, like, the skills that you have to help a community continue to thrive what they want? In 2018, almost half of all renters in the United States were considered to be either moderately or severely cost-burdened, which means housing costs exceeded 30% of the family income. In the beginning, yes, there was a $90 million contract from Nike, and marketing deals from Sprite and McDonalds, among others. And, you know, we saw the Opportunity Zone legislation and the impact that it would have in communities like the ones we grew up in, Im from Compton originally, and Justins from the Oakland area. Its amazing how impactful sports can be especially for young kids. Bridgeman was born in Chicago. But from an investment perspective, our investment thesis really is, you know, first and foremost, do good deals with good people. Ex-NBA Star Josh Childress, TPG Partner on $500M Real Estate #DevelopmentWithoutDisplacement, Founder & CEO - NALA | Y-Combinator '19 | Stanford MBA | Harvard Kennedy School of Government, Feeling grateful to be here in #Mozambique. Justin Davis (21st Try a week on us. Bridgeman often tells the story of the day a Bucks fan recognized him behind the counter and called into local radio to lament how sad it was to see the ex-NBAer working at a fast-food restaurant. For today, folks, we were really focused on talking about how to bring equitable growth and opportunity to community. Wachter introduced them to Tom Werner, the TV mogul and principal partner in Fenway. He has always been able to capitalize off the name and brand he built on the court to chart his path upon retirement. Bridgeman retired from the Bucks in 1987 and knew hed been wise in saving his earnings. https://lnkd.in/gYhmksy, In March of 2021, TPG invested in LandSpire Group and created its Investors-in-Residence program, which has given me, Justin D., and Treana L. Allen, Esq. And so I think it's practices that people can learn. I am a certified economic development finance professional by the National Development Council. Justin Davis is a provider established in Kansas City, Kansas and his medical specialization is Neurological Surgery with more than 21 years of experience. And the Opportunity Zone legislation and the program, you know, can help with that. Josh: Hey, Jimmy. And then we're very specific about the things that people in this area and community are doing that makes housing unaffordable for them. I love the game, and it has provided a fantastic life for me and my family, but I always felt like there was more to my story than the game of basketball.. Please sign, "like" and share the petition. How creating impactful change in the areas that need it most can uplift the country as a whole. Follow Joe on Twitter @joevardon, Junior Bridgeman and his daughter, Eden Bridgeman Sklenar, owner of Ebony, on stage at a gala for her magazine in October 2021. So the job, the contracts for small businesses, all of that, to the extent that it can, the goal is to keep that in community so that that equitable growth opportunity can take place. Black renters were twice as likely as white renters to be behind on rental payments and twice as likely to report being at risk of eviction. He graduated from University Of Kansas School Of Med (kc/wich/sal) in 2002. Justin Davis is a Portfolio Manager at Roberts Enterprise Development Fund based in Los Angeles, California. TPG NEXT will seek to reshape and expand the alternatives marketplace, introducing new and flexible avenues to strategic capital to develop, launch, and propel the next generation of diverse investors and entrepreneurs. That's essentially it. Funding for the program she runs with a staff of six is codified in the collective bargaining agreement between the NBA and the union and has been for two decades. Formed more than 50 years ago, the NAIC is known today as the largest network of diverse-owned alternative asset managers, with a membership base of more than 115 firms who collectively manage more than $200 billion in assets. Carter also is part of the Fenway business deal, and as the partnership between Werner, James and Carter grew, Fenway invested in SpringHill Company further solidifying LeBrons media business. Over the past three years, the firm has made several enhancements to its recruiting and talent management processes and has invested in health and family benefits for parents, women, and LGBTQ+ employees. He put on an apron, picked up a mop and dropped those French fries into a cauldron of boiling grease. TPG has partnered with LandSpire Group, a 100 percent Black-owned real estate firm focused on investment and development in secondary markets across the It also became a big pain in the ass because, after a while, everyone thought they could do it, which we know thats not the reality of it. WebJustin Davis Chief Operating Officer, Landspire Group Web Login Address Stanford Graduate School of Business Knight Management Center 655 Knight Way Stanford, LandSpire Group is a Black-owned real estate firm that focuses on investment and development in secondary markets across the U.S. Its co-founders, Josh justin davis landspire They have lenders, they have partners that they have to work with, and prove their intentions to also. Firm announces investments in LandSpire Group and VamosVentures, as well as a partnership with the NAIC; together with Harlem Capital, these companies form the inaugural TPG NEXT portfolio. The investment provided the firm with working capital and access to resources from across the TPG platform. WebLatest on RB Justin Davis including news, stats, videos, highlights and more on NFL.com MJ never had to cook a cheeseburger to get to where he is now. Josh was a standout college basketball player at Stanford and played for several years in the NBA with the Atlanta Hawks, Phoenix Suns, Brooklyn Nets, and New Orleans Pelicans. Last year, equity giant TPG agreed to incubate LandSpire with seed money, expertise and assistance in raising funds and targeting investments. Her work experience includes working for Skid Row Housing Trust, where she managed the development of Psh permanent supportive housing for formerly homeless individuals. VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. Stanford, California 94305. Join us: Childress is also studying the trend of real-estate developments anchored by sports arenas and stadiums. TPG Announces Launch of TPG NEXT to Seed and We even have a financial coaching, supported by LISC, where we also work on income and stability as well. Select Accept to consent or Reject to decline non-essential cookies for this use. VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. Pat Connaughton has a real-estate business in Milwaukee. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. LandSpire What do people want? Alexis, you and Jarett have had a chance to work on, you know, really advancing economic opportunity there at the Vermont Manchester of development, might you share any best practices or things that you learned along the way? But there is a space as well for for profit developers. Next up, we have Jared Moore, a project manager at the Coalition for Responsible community development. Well, hey, Josh, really appreciate your time today. The COVID-19 crisis has highlighted and exacerbated the growing income inequality that has left millions of households behind, specifically, income inequality between black and white households has worsened. Bridgemans success story is much different from Jordans, or Magics, or even LeBron James (who is still playing), because he didnt have a multimillion-dollar war chest built from decades of lucrative endorsement deals that put his face on every billboard, TV commercial and print ad from New York to Los Angeles. They built a few additional stores. LANDSPIRE GROUP, LLC in Las Vegas, NV | Company TPG NEXT has truly changed our trajectory. In today's episode, we'll be talking about the growing income inequality and what the affordable housing field is doing to advance equitable growth and communities. Jimmy: Can I ask you more about your background, Josh? All Rights Reserved. Josh Childress isnt afraid to go against the grain. You just have to make sure its done the right way. How Do We Solve the Looming Eviction Crisis? About: Justin Davis , producer, 3D Artist, Animator, Musician & Programmer of Space Dream VR, a cosmic experience driven by music visualization storytelling and gameplay. Im gonna always give the knowledge if they want to meet with me because I want them to be successful, Johnson said. My guest on the show today is Josh Childress. Josh Childress and his former Stanford teammate, Justin Davis, started their real estate fund LandSpire Group in 2018. Copyright 20182023 OpportunityDb. If you search for Josh Childress, youll find me there with some glasses smiling away. We partnered with Josh, Justin & Treana last year through #TPGNEXT, an initiative designed to back diverse talent. Justin Davis - Law Clerk - Dreyer Boyajian LLP | LinkedIn It's about bringing up and empowering young people and obviously the real estate business apartment where we actually do the nuts and bolts of creating buildings. For the non-Durants of the NBA, well, its Deborah Murmans job to make sure they have the tools they need to do what they want off the court, now or when they retire. But like what type of stores are you looking for? We had the pleasure of being able to hear from two other colleagues, both Alexis and Jarett, who talked about their project at Vermont Manchester, and how that project is a testament to being able to do equitable development opportunities. As the Chief Operating Officer Justin brings over a decade of experience chartering multi year investment strategies that target systems and structural change. I think that, you know, having this council and having individuals who can provide real input, you know, is crucial to being, you know, a great investor. And tell us a little bit more about Landspire Group. The impact that sports had on Josh from a young age. Thanks for having me. He joins Magic Johnson, Jim Jackson, Devean George, Grant Hill and other former NBA players who have turned their focus to economic inclusiveness via real estate. So, you know, it was our intent to create Landspire Group, which is, you know, to inspire change to land development. It seems like those two firms, RevOZ Capital and Landspire Group, mesh very well together, a lot of overlap in terms of your missions. Childress, alongside Davis and general counsel Treana Allen, are fully immersed in TPGs real estate team as the first Investors-in-Residence. Dr. Justin Davis, MD Jarrett Moore is a project manager at Coalition for Responsible Community Development who has been in the real estate industry for the past 7 years and is also in this years cohort of LISCs 2020-2021 Housing Development Training Institute (HDTI).
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