So we focus on the location, which is South Central, and we're very specific about how we oppose South Central's needs. And, you know, everyone, just make sure that you continue to follow the work that Landspire Group is doing in addition to the work that RevOZ Capital is doing. 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. VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. And it starts with our mantra, which is development without displacement, we believe that we can create new housing opportunities without displacing or changing the fabric of the culture within any particular community. 219. The median income for Black households in 2019 was $43,200roughly 60% of that of white households and the lowest of all other racial groups. We have a youth department. Magic was able to do that, too, though his portfolio is more diverse and he was forced to go away from basketball to build his fortune. Much appreciation Natalie Madeira WebJustiin Davis. 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. Best Match Powered by Whitepages Premium AGE 60s Justin Guy Davis Denver, CO (Far Northeast Denver) View Full Report Addresses Flanders Way, Denver, CO The hard work of making sure that the small businesses that we want to be present have their accounting together. The firm has developed an internal database of more than 1,500 diverse director candidates with a breadth of sector and functional expertise. A lifelong Southern California resident, Jarrett also brings his passion for business development, crime reduction, neighborhood beautification and housing affordability together in a concerted effort to fend off gentrification in traditionally AfricanAmerican neighborhoods. The investment provided the firm with working capital and access to resources from across the TPG platform. In conjunction with the launch of the initiative, TPG has announced a series of new investments and partnerships that, together with Harlem Capital, form the inaugural TPG NEXT portfolio. 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. But, you know, theres so much synergy in what were both doing, you know, for communities at large and I think theres a great opportunity for us to just create that change thats needed. She's a Senior Project Manager at BRIDGE housing. I think there's been a deepening and enriching to the understanding that when we're housing people that have housing instability, it has to be a complete and comprehensive process, because you have to work on the person as well as the process. And I think Manchester project is really at the crux of that this is like a living social experiment. He's been in the real estate industry for the past seven years and is also a part of this year's LISC cohort of 2020 2022 housing development training institute fellows. Justin Davis (21st Or LeBron. And so, that was my mentality and my focus there and Ive always just really enjoyed watching people, you know, build a building or build a business from the ground up and just see the growth that they can create and the scale that they can create in doing so. Justin Davis And so, it was a very strategic play on our part, not only because of our backgrounds but also because of what we felt like, you know, the impact could be on the kids and the adults in the community as well. It's just that the for profit, finance people within the company at Trader Joe's, they're looking at numbers, okay? And we'll be building a transit Plaza and redeveloping a site that's been underutilized and kind of a blight on the community in the meantime. Bhathals firm owns the Kings Golden 1 Center and the surrounding entertainment district. If the average NBA player needs a role model like Bridgeman, then the superstar can use a guy like Magic. That's where Landspire our vantage point is first, we recognize the problem. The CEO is taking the challenge of recreating himself in this next phase of lifeleveraging his black-owned fund to impact the lives of minorities. So glad to see you all working on that. And so the way CRCD has approached this our entire business model has actually surrounded that particular idea. Alexis, the work that you're doing over at BRIDGE is all about preserving historic communities. Date Filing Type Reported Sold Incremental Cash Davis Justin : Promoter : N/A Land Spire Group, Llc : Landspire And you've repeated it several times. For today, folks, we were really focused on talking about how to bring equitable growth and opportunity to community. WebLA Downtown Share Currently, LandSpire serves as Investors-in-Residence at TPG through TPG Next, an initiative designed to back diverse emerging talent by providing Logging in lets you access other protected Stanford websites with this browser, not just the website you requested. Since your browser does not support JavaScript, you must press the Continue button once to proceed. 2023 Tarrant Capital IP, LLC, All Rights Reserved. So always interested in meeting quality people and learning from individuals and finding ways to create, you know, impact in any way I can. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. (Illustration: Wes McCabe / The Athletic; Photo: Dick Raphael / NBAE via Getty Images). 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+. Justin Davis may refer to: Justin Davis (soccer) (born 1988), American soccer player. But I always love to, you know, meet good people, do deals with people and do good deals with good people. Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr. Ste. I think more players would have the same success in the business world if they just sort of thought back to what did it take for me to become an NBA player? I wasnt smarter than anybody else or anything like that. Copyright ComplaintsTrademark Notice. Internet Explorer presents a security risk. The COVID-19 crisis has highlighted and exacerbated the growing income inequality that has left millions of households behind. Joining LISC LA for this conversation are: Alexis Laing is a Sr. Project Manager at BRIDGE Housing. And, you know, our first deal that we actually ever tried to take on as a company was really ambitious, no question. Learn more in our Cookie Policy. So it's being very intentional about what you're developing, and making sure that the people who are coming into that community want to come there with a understanding of where they're coming into an appreciation of what currently exists, and then wanting to contribute their capital to the growth of that community. WebPreviously owned by The Walt Disney Corporation, the X Games was co-acquired in 2022 by LandSpire Group (led by MSP Sports Capital), and marked LandSpires entry into the burgeoning sports asset class. Josh Childress isnt afraid to go against Harlem Capital closed its inaugural fund in December of 2019 with more than $40 million in capital commitments. But early in his career, LeBron met Paul Wachter, a shrewd financial adviser to stars, who worked with LeBron to value equity over the splash of a typical endorsement deal. Thirteen years later, Childress finds himself taking another unique pathrunning a real estate investment fast break. And as best possible, what I've done as a member of the community, and as a credit analyst is to say, Okay, guys, I know you guys want the sun, the moon and the stars on the corner of Vermont and Manchester, but this is how it really works. The career summit really, really helped me because it was very educational, but it was also motivational, Childress said. And secondly, I forgot that when it snowed in Milwaukee, they measured it by feet, not by inches. I hope this initiative continues to mobilize change within the finance sector and inspires a new wave of underrepresented alternative asset managers. Prior to that, Alexis was a municipal credit analyst for Standard & Poors where she provided financial and legal analysis of affordable housing and other tax-exempt bond issues, and served as the primary credit analyst for more than 10 state housing finance agencies and public housing authorities. The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. So it's not just us coming into the community and saying like, this is how it needs to be. 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+. justin davis landspire Bloomberg:https://lnkd.in/eQ64vTKW. At the end of 2019, TPG expanded the effort to focus on race and ethnicity and sexual orientation. While he was playing and starring for the Bulls, he amassed a cavalcade of endorsements that stretched way beyond Nike, to include such iconic brands as Gatorade and McDonalds. The eighth overall pick of the Lakers in the 1975 NBA Draft, the most money Bridgeman made in any season was $350,000 which pales in comparison to todays average annual salary of $7.9 million but was a good number in the league when he earned it from the Clippers in 1985. And we've got some special guests with us today. LandSpire Newport, LLC. Click the play button below to listen to my conversation with Josh. I just pulled up your Instagram. That's fantastic. Bridgeman, 68, who grew up humbly in East Chicago, placed that big bet and then did what any man would do after pushing so many chips into the center of the table. Albany Law School. #MenWhoEnterprise #WalkersLegacy I think that's where you're gonna see more for profit developers getting in to the space, and some simply are just gonna want to get into it because of the opportunity to make money. Sponsored By: Josh: Absolutely. Murman is the director of career development for the NBAs players union, a role shes held since 2006. And so, you know, having the mentality to do so is, you know, a large part of the battle. 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. justin davis landspire I mean, this holistic approach is really critical. Pat Connaughton has a real-estate business in Milwaukee. But then we also recognize that or we're very acutely aware of the opportunity, right, from being able to leverage the tax breaks, leverage the different partnerships, and know that there's a return to be made at the end of this. He is worth an estimated $600 million, trailing only Michael Jordan and just ahead of Magic Johnson as the wealthiest person on the planet who at one time played pro basketball. He is best known for his work as Lester White on HBO's multi-Emmy winning drama Boardwalk Empire. Joe Vardon is a senior NBA writer for The Athletic, based in Cleveland. It was a $900,000 bet. Sports is one of the last types of programming that is much better to watch live or in person, and with content consumption at an all-time high, the landscape is evolving rapidly., (This story has updated its headline from a prior version. So we're really working on that. It's it's part of our Jordan downs, redevelopment, you know, we have a very large community development group and like, you know, surveying the community to figure out what exactly do they need? Within 18 months of their original purchase, Bridgeman and Thompson purchased the remainder of the Wendys locations in Milwaukee. Very excited to be a part of this with my team Josh Childress and Treana L. Allen, Esq. How is Landspire group working to make this happen, creating equitable growth and community? TPG has made a strategic minority investment in VamosVentures, an early-stage venture firm that invests in companies led by diverse teams, with a special focus on the Latinx community. Also, throughout his career, LeBron sought to empower his close friends in business. Excited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. Josh: Were synergistic in the sense that we both want to see, you know, development in under-resourced areas, and we want to both, you know, create equitable change in these areas that allow the community stakeholders to benefit, you know, from the developments. 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. Justin Davis is a Portfolio Manager at Roberts Enterprise Development Fund based in Los Angeles, California. 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. Before LeBron, athletes didnt think of themselves as being able to control their message, own their brands, make investments. Harlem Capital closed its inaugural fund in December of 2019 with more than $40 million in capital commitments. But you know, you pointed to the mind. (Johnny Nunez / Getty Images for EBONY MEDIA), Lakers legend Magic Johnson is part of the ownership group of the Los Angeles Dodgers. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. And its interesting that you noted that that can actually give you a competitive advantage as well when youre coming in and performing some of these developments. justin davis landspire LandSpire Groups investment thesis, goals, and why its important to do good deals with good people. In addition to its GP seed commitments, TPG has partnered with the National Association of Investment Companies (NAIC). #AllVoteNoPlay, Associate Head Men's Basketball Coach at Oregon State, #AllVoteNoPlay is gaining momentum. WebLANDSPIRE GROUP, LLC is a Nevada Domestic Limited-Liability Company filed on June 4, 2019. Davis has also appeared in other prime time dramas including Chicago Med, Manifest, FBI, The Politician, The Good Wife, The Sopranos and See 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. Following a successful residency, TPG will make a strategic investment in LandSpire and its flagship fund, which is expected to launch in the first half of 2022. And many of our alumni and scholarship donors were successful business owners and that just was something that stuck with me over the years. 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. Congrats Jon Winkelried,Anilu Vazquez-Ubarri,Liz Stiverson,Justin Nunez, and Pamela Pavkov. Childress, 38, believes more athletes should venture into commercial real estate, which provides the chance to create generational wealth if done properly. Phone: (562) 243-5714. Stanford, California 94305. See Photos. 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. It's something that you're bringing in. See the Stanford Administrative Guide for more information. So what we did was we created a Community Action Committee called VM CAC, that we bring in members of the community, some of more vocal others, some of them are older, some of them younger, some of them have their own companies or real estate properties, and everybody has these competing interests. Kevin Durant followed LeBrons path with a diverse, growing business portfolio, all managed under Thirty Five Ventures (production, investments, charity) with his business partner, Rich Kleiman. I left that career summit feeling like I had to make some things happen, Childress said. If you search for Josh Childress, youll find me there with some glasses smiling away. Jordan, who most consider the greatest basketball player ever, built his wealth first through his shoe/apparel brand with Nike, from which he still earns roughly $100 million per year. And I also grew up with my father on Vermont, and in the city of gardena. We partnered with Josh, Justin & Treana last year through #TPGNEXT, an initiative designed to back diverse talent. 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. 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. Last year, equity giant TPG agreed to incubate LandSpire with seed money, expertise and assistance in raising funds and targeting investments. I was in the gym every day. They learned not only their employees names but about their lives. Its kind of the term. Since then, TPGs portfolio companies have added more than 100 women directors. And, you know, our biggest goal in our company is to, you know, change the landscape of what commercial real estate investments look like and, you know, bring the next wave of real estate investors into the fold who arent necessarily exposed to the commercial real estate world but need that exposure because its a powerful business. Josh Childress isnt afraid to go against the grain. Thank you. There's about 60,000 square feet of retail, including a neighborhood serving grocery area, 15,000 square foot Metro Training Center, and transit Plaza. WebDr. TPG Announces Launch of TPG NEXT to Seed and Support the Next Generation of Diverse Investors and Entrepreneurs. I am a certified economic development finance professional by the National Development Council. Read full release here: Lets make this happen NOW! At the end of 2019, TPG expanded the effort to focus on race and ethnicity and sexual orientation. About: Justin Davis , producer, 3D Artist, Animator, Musician & Programmer of Space Dream VR, a cosmic experience driven by music visualization storytelling and gameplay. And finally, I'm thrilled to present Justin Davis, C0O of Landspire group. I understand that they are trying to do this the right way and as a firm and as an investment vehicle, thats all this you can ask for. We provide a variety of flexible housing lending products designed to help local groups bring development projects to fruition, with loans and funds covering every phase of development from pre development to permanent financing. Jarett, we're gonna start with you. See Photos. Subscribe to hear more conversations about the people and places that shape Los Angeles. The company's filing status is listed as Active and its File Number is E0258262019 Its one of the more prominent Opportunity Zone funds based in California. LandSpire Bellflower, LLC. There was a 100-acre redevelopment site here in Orange County and Justin and I spent hours and hours creating a site plan for it. All right. Important Security Information: The launch of TPG NEXT builds on the firms commitment to fostering a diverse, equitable, and inclusive culture within the firm and its ecosystem, and to using the influence and scale of this network to drive sustainable, long-term change across the industry.

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