And what do you think might be needed to try and attract more for profit developers to help create more affordable housing and to make sure that it stays affordable, there's such a huge need for it. The COVID-19 crisis has highlighted and exacerbated the growing income inequality that has left millions of households behind. Or LeBron. With TPG as its anchor investor, Childress says LandSpire plans to launch a fund in the second half of this year with a target of raising $500 million. Justin Davis is the COO of Landspire Group. And people can't see you. Prior to that, Alexis was a municipal credit analyst for Standard and Poor's, where she provided financial and legal analysis of affordable housing and other tax exempt bond issue, and she served as the primary credit analyst for more than 10 State Housing Finance agencies and public housing authorities. TPGs Longstanding Commitment to Diversity, Equality & Inclusion. Webng k hc li xe B1.1-B2-C ti Hu; bachelor thesis example computer science; mahika name pronunciation; sarku japan teriyaki sauce ingredients I was able to walk away from the game with enough money to buy Wendys restaurants, and it took everything I had to buy those. In 2017, TPG launched an initiative to increase the gender diversity of its portfolio company boards. When expanded it provides a list of search options that will switch the search inputs to match More on our vision and the inaugural #TPGNEXT portfolio. They waded into the market in Madison, Wis. No shortage of Opportunity Zones in those two locations. I mean, this holistic approach is really critical. I thought if youre going to get involved in something, get involved in something that everybody has to have everybody has to eat, Bridgeman said. There were years when he earned $7,000 in salary. WebLandspire Newport LLC; Firm: Fund # CIK # 0001879645: Sale: 2020-11-03 ($0.8 MM Offered, $0.8 MM Sold) Fund Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 2021-11-03 New: He currently practices at Medical Group of the Carolinas - Emergency Medicine and is affiliated with Pelham Medical Center. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr. Ste. WebJustin D. Expand search. And I dont know if many of our individuals in leadership truly understand that, you know, but there are a lot of people out there that are struggling, and you saw this accelerated, you know, through COVID. And tell us a little bit more about Landspire Group. Its amazing how impactful sports can be especially for young kids. CRCD is doing a myriad of programming in the community. Because not everyone feels comfortable joining a conference call, or maybe they can't join a call, depending on what time it is. Pat Connaughton has a real-estate business in Milwaukee. Josh: Hey, Jimmy. 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. TPG is a leading global alternative asset firm founded in 1992 with more than $91 billion of assets under management and offices in Beijing, Fort Worth, Hong Kong, London, Luxembourg, Melbourne, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington, DC. Much appreciation Natalie Madeira Cofield! Copyright ComplaintsTrademark Notice. 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+. And so I understand the work, you know, of a credit analyst. Josh is CEO of Landspire Group and a member of the RevOZ Capital Social Impact Council. 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. I appreciate you joining us today. northallerton coroners court address; hail storm in wichita ks 2020 Show sub menu. As athletes, we are all competitive, and if we apply for the same work, the same motivation that helped us get to the NBA, we can do great things. Join us: Josh Childress and his former Stanford teammate, Justin Davis, started their real estate fund LandSpire Group in 2018. And to that point, I mean, that deal didnt end up going our way, but it was a sports-focused deal where we had a sports and events center at the heart of the development. Josh: Yeah, I think, you know, when you think about these communities and them being left behind, you know, after the last recession, I take this back to sports, youre only as strong as your weakest link. Next up, we have Jared Moore, a project manager at the Coalition for Responsible community development. Are you simply in it for return? There's always going to be this push and pull and I think Justin spoke to it earlier about influx and outflux, where there's this strange relationship between beautifying the community, bringing amenities into the community. You can update your choices at any time in your settings. We have a youth department. Jarett, you agree with that? And Justin, you pointed to this as well, which is how do we make sure that as we bring those resources, those resources stay there, and they circulate. You can find the rest of the series on Apple podcasts Spotify and Google podcast. And that park was the safe haven for the kids on both sides of that, you know, to just come somewhere, have a meeting place, and just go live and enjoy themselves for a couple of hours out of the day outside of everything else that was happening around us. Not only are we looking at making sure that people are stably housed, but we've got to make sure that they have the financial resources, the work, the career, the ability to be able to sustain that. So it's also about teaching the community as well as listening, because they're really intelligent people. Filings. So one of the big things that BRIDGE does is looking at a lot of data collections, it's figuring out like, what do people want before you decide like, this is what needs to happen there? or. That's essentially it. They are nonprofit, affordable housing developers and holistic community developers. Bridgeman was born in Chicago. 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. Justin received a B. 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. But you know, you pointed to the mind. Today, TPG NEXT received a $500M anchor commitment from CalPERS to supercharge its efforts to change the diverse-led fund manager landscape. Justin Davis. And for our listeners out there today, I will have show notes as always on the Opportunity Zones database website. WebClose Menu. But there is a space as well for for profit developers. I have lived in Northern Idaho for 28 years, and with how diverse and spread out real estate can be in our area it is a huge advantage to have an agent who grew up here. 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. The Compton, Calif., native looks to expand his companys portfolio of multimillion-dollar projects, ranging from apartments in Las Vegas to movie studios in Chicago, thanks to some added horsepower and the expansive network at private equity firm TPG. Harlem Capital closed its inaugural fund in December of 2019 with more than $40 million in capital commitments. All Rights Reserved. The partnership will build on the organizations shared commitment to addressing the industrys pipeline challenges through curated events, training, and other engagement opportunities. TPG is a leading global alternative asset firm founded in 1992 with more than $91 billion of assets under management and offices in Beijing, Fort Worth, Hong Kong, London, Luxembourg, Melbourne, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington, DC. Thank you. Josh, love the glasses. He graduated from University Of Kansas School Of Med (kc/wich/sal) in 2002. The key word in that question to me is holistic. No, we work on career stability, income stability, and mental stability as well. You know, the legislation was brought about to impact change and create some economic mobility in some of these areas that really need it. And I feel very blessed to have gone through my my financial training. Josh Childress, who played in the NBA for eight seasons and then retired from professional basketball overseas in 2018, hoped to start a real-estate business. Interesting enough, I don't think my boss knew this when he assigned me to this project, but I grew up on Manchester, in the city Inglewood with my mother. The Phoenix ownership group is headed by Los Angeles-based real estate investor and friend Romi Chaudhari. They built a few additional stores. Try a week on us. Home Town Real Estate. For today, let's discuss what can be done to make affordable housing more available and creative ways professionals in the field are approaching this subject and this complex issue in a holistic way. And many of our alumni and scholarship donors were successful business owners and that just was something that stuck with me over the years. Nearly three years into his venture, Childress said LandSpire has already invested in six projects worth a combined $1.5 billion (the projects, not his companys Josh: Absolutely. Internet Explorer presents a security risk. There's a public boarding school that'll be ran by the C Foundation, which will provide a school setting for residents in the community. So it was intriguing to me from a young age and I continue to be even more intrigued as I got older. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. WebJustin Davis; Firm: Address: 2082 Michelson Dr Ste 219 Irvine, CA 92612: Source So when it snowed 18 inches, and nobody was out to eat for really a day and a half, so you had no (customers), but you still had expenses and payroll and all those kinds of things. Best Match Powered by Whitepages Premium AGE 60s Justin Guy Davis Denver, CO (Far Northeast Denver) View Full Report Addresses Flanders Way, Denver, CO They learned not only their employees names but about their lives. 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. TPG has partnered with LandSpire Group, a 100 percent Black-owned real estate firm focused on investment and development in secondary markets across the U.S. As part of the partnership, LandSpire co-founders Josh Childress and Justin Davis and internal legal counsel Treana Allen have formally joined TPGs real estate team for the next year as TPG NEXTs first Investors-in-Residence. You see, 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. 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.. TPG has partnered with LandSpire Group, a 100 percent Black-owned real estate firm focused on investment and development in secondary markets across the U.S. As part of the partnership, LandSpire co-founders Josh Childress and Justin Davis and internal legal counsel Treana Allen have formally joined TPGs real estate team for the next year as TPG NEXTs first Investors-in-Residence. Davis has also appeared in other prime time dramas including Chicago Med, Manifest, FBI, The Politician, The Good Wife, The Sopranos and Josh, thanks for taking the time to join me today. And then we're building 180 units of affordable housing. You mentioned Alex Bhathal. 5 sales in the last 12 months. 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 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. WebJustin Davis We found 100+ records for Justin Davis in CO, IA and 48 other states. Industry: Pooled Investment Fund (See others in industry) Address: 6510 S Millrock Drive Suite 400 Salt Lake City, UT, 84121 Phone: (801) 419-0677 . Subscribe to our Opportunity Zone newsletter. You just have to make sure its done the right way. These structural dynamics will continue unless we push ourselves to step outside of our traditional circles and invest behind people, ideas, and networks that are different, said Jon Winkelried, Co-CEO of TPG. So we're really working on that. LandSpire Gramercy Fund I, LLC. And finally, I'm thrilled to present Justin Davis, C0O of Landspire group. You had to be successful, or you are gonna be another player that blew everything that he had.. Date Filing Type Reported Sold Incremental Cash Davis Justin : Promoter : N/A Land Spire Group, Llc : They have lenders, they have partners that they have to work with, and prove their intentions to also. Her work experience includes working for Skid Row Housing Trust, where she managed the development of Psh permanent supportive housing for formerly homeless individuals. 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 can you tell me about how do Opportunity Zones fit into what Landspire is doing and your greater mission there and what attracted you to Opportunity Zones in the first place? Since then, TPGs portfolio companies have added more than 100 women directors. Well, hey, Josh, really appreciate your time today. (Johnny Nunez / Getty Images for EBONY MEDIA), Lakers legend Magic Johnson is part of the ownership group of the Los Angeles Dodgers. His father worked in the steel mills, from Chicago to Gary, Ind. 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. 219. Its about getting them more access and opportunity in the commercial real estate space and a greater understanding of the various lanes you can take to be successful, he said of the partnership, which also allows LandSpire to co-invest with TPG. 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. How Opportunity Zone investing ties into LandSpire Groups mission and the social impact initiative at RevOZ Capital. And I think for many of us, on this call, is understanding if there's an issue, right, and we're trying to address the issue. WebJustin Davis Chief Operating Officer, Landspire Group Web Login Address Stanford Graduate School of Business Knight Management Center 655 Knight Way Stanford, He attended the unions symposiums in 2019, declaring hed like to return one day as a speaker. Justin Davis is the COO of Landspire Group. How Josh transitioned from professional basketball player to business owner. See Photos. As you said, its not the end all be all. Jimmy: Can I ask you more about your background, Josh? Josh Childress isnt afraid to go against So thats where we have a competitive advantage, and where we will continue to focus efforts on some of the redevelopment opportunities. There are too many stories like that.. Hosted by OpportunityDb.com founder Jimmy Atkinson, theOpportunity Zones Podcastfeatures guest interviews from fund managers, advisors, policymakers, tax professionals, and other foremost experts in opportunity zones. Really appreciate it and welcome to the show. He also said he and Davis plan to start their venture-capital fund and raise $500 million initially. S. o Justin, I want to get you in on this conversation. And then those residents that help beautify and help build that community. Thanks so much for sharing that Jarett and Alexis for talking about the project. VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. It was a $900,000 bet. And, you know, as I was transitioning my last couple of years of playing, I really wanted to step into a role that not only could create longevity for me professionally, you know, but also could impact my family in a positive manner. So this idea that not only are you bringing in capital and resources and changing the physical landscape, but to the extent that to bring that in, we want to make sure that that circulates in community. VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. I think specifically at the Vermont Manchester site, you're gonna have a vocal community of people who want to be involved. And well look to expand that platform with more affordable housing, acquisitions, and developments over the next few years. WebExcited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. Its one of the more prominent Opportunity Zone funds based in California. Now, you really start to change what generational wealth really is all about? 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. I'd like to thank all of you out there for joining us today in this important conversation. Josh: Yeah, so what Opportunity Zones do as it relates to our mission is, you know, most of these zones, most of these qualified Opportunity Zone tracks are in under-resourced areas that, you know, werent necessarily a part of the growth about 10 or 12 years ago on a national scale. My name is Tunua Thrash-Ntuk and I'm the executive director of the local initiative support Corporation Los Angeles office. TPG PR:https://lnkd.in/eZqE9iA2 Jarett, we're gonna start with you. That's critical. 5.0 13 Reviews. We even have a financial coaching, supported by LISC, where we also work on income and stability as well. Justin Davis is a Portfolio Manager at Roberts Enterprise Development Fund based in Los Angeles, California. You have folks like myself, for profit developer, we have the CRCDs of the world, we have the LISC's of the world. These were not great restaurants, so you had to turn them around, Bridgeman said. And, you know, we have a 300-unit multifamily deal were doing in Las Vegas, we invested in a distressed hotel asset here in Newport Beach, and then in the process of going through entitlements on developing a 75-unit affordable housing project in Compton, California. Josh, how should we think about these issues, not just within the Opportunities Zones landscape, but with investing in real estate more broadly? (Kevin Winter / Getty Images). That's right. Was sports really important to you growing up? See This #BlackHistoryMonth, we are pleased to welcome the LandSpire team for a #TalksAtTPG to discuss their work & the importance of revitalizing communities of color. Cinespace Toronto is home to acclaimed productions including The Handmaids Tale, Nightmare Alley and The Umbrella Academy. Good looking smile. So company that, for example, they want a Trader Joes there, right? Justin Davis. Everything he had. Josh Childress and his former Stanford teammate, Justin Davis, started their real estate fund LandSpire Group in 2018. 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. RevOZ Capital earlier this year launched a new social impact initiative with a commitment to invest $1 billion in Opportunity Zone projects over the next three years. 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. Ill be sure to link to landspiregroup.com and all of Joshs social media handles, and Ill try to get a picture of Josh on there as well like I always do. Its important work and you know, we hope to really continue to drive change. He is best known for his work as Lester White on HBO's multi-Emmy winning drama Boardwalk Empire. It also owned more than 100 Chilis restaurants and was a franchisee for Fazolis and Blaze Pizza (of which LeBron is an equity partner). As a vintage extreme sports brand and household name, X Games is uniquely positioned for optimization as a standalone business. For today, folks, we were really focused on talking about how to bring equitable growth and opportunity to community. All right. And so, you know, having the mentality to do so is, you know, a large part of the battle. Ive always found value in trying to create my own lane, he said. 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. Irvine, CA, 92612. And I also grew up with my father on Vermont, and in the city of gardena. Although the median incomes of both black and white households grew in the last decade, black household incomes rose more slowly, the median income for black households in 2019, was 43,200, roughly 60% of that of the white households and the lowest of all other racial groups. CJ McCollum has a wine label. Dr. Davis completed a residency at YORK HOSPITAL. So we focus on the location, which is South Central, and we're very specific about how we oppose South Central's needs. There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. Handle @jchiltingeton.
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