Justin Davis - Law Clerk - Dreyer Boyajian LLP | LinkedIn He is one of the best, most-known players in the sport. Josh joins us today from Irvine, California. Bridgeman retired from the Bucks in 1987 and knew hed been wise in saving his earnings. 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. The firm has developed an internal database of more than 1,500 diverse director candidates with a breadth of sector and functional expertise. And so, you know, having the mentality to do so is, you know, a large part of the battle. Best Match Powered by Whitepages Premium AGE 60s Justin Guy Davis Denver, CO (Far Northeast Denver) View Full Report Addresses Flanders Way, Denver, CO In this episode, Tunua sits down with three experts to explore the topic of advancing equitable growth in the affordable housing industry. And part of the social experiment is integrated communities input, finding out ways that their needs, their demands are met, while also understanding the myriad of complications and complexity, and actually building something that tremendous. And you know, with the goal of providing quality affordable housing, we are involved with the Vermont Manchester project with CRCD. E-commerce entrepreneur leading innovation in online intimate apparel marketplace The company's filing status is listed as Active and its File Number is E0258262019 And so, what can we do, as a country to, you know, help people help themselves? 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. There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. And we do we do a lot. Log in or sign up for Facebook to connect with friends, family and people you know. Justin is also the founder of the Wayne group, an Oakland based real estate investment group that acquires two three and four unit rental properties with a priority of keeping housing accessible, and affordable to teachers, nonprofit leaders, and first responders. JUSTIN 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. And we've got some special guests with us today. Jarett, you agree with that? Also, throughout his career, LeBron sought to empower his close friends in business. 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. Jimmy: Can you tell me a little bit more about your investment thesis, your investment strategy? Landspire He increased his investment 667 times over. CRCD is doing a myriad of programming in the community. Jimmy: Can I ask you more about your background, Josh? I like that for opportunity, Jarett, anything we want to share with people in terms of best practices. Justin Davis (gridiron football), American football player. It was a $900,000 bet. https://lnkd.in/e77C8b6, Proud of my Stanford brother Josh Childress and the impact LandSpireGroup.com is having in underresourced communities during these times. Well, hey, Josh, really appreciate your time today. 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. That's super exciting. He is best known for his work as Lester White on HBO's multi-Emmy winning drama Boardwalk Empire. WebView the profiles of professionals named "Justin Davis - Ex-amazon" on LinkedIn. Alexis, the work that you're doing over at BRIDGE is all about preserving historic communities. We also will run features such as this one to complement certain players and moments throughout our series. 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. We want to hear from you! Everything he had. These were not great restaurants, so you had to turn them around, Bridgeman said. 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. WebJustin Davis; Firm: Address: 2082 Michelson Dr Ste 219 Irvine, CA 92612: Source castle lake mastiffs; stetson open road knock off; new idea uni system history They built a few additional stores. So, you know, it was our intent to create Landspire Group, which is, you know, to inspire change to land development. Childress, 38, started LandSpire Group with his college teammate from Stanford, Justin Davis. WebJustin D. Expand search. 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. Obviously, its not the end all be all, you know, its not the cure, but it can help in creating some transformation to allow more and more people to be in a better position financially. Electrical Parts unparallel exposure to a best-in-class institutional investment manager. LandSpire Group Josh: Absolutely. And so what I've always done is I think what Alexis is point was about listening, absorbing that input. 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. What do people want? Webng k hc li xe B1.1-B2-C ti Hu; bachelor thesis example computer science; mahika name pronunciation; sarku japan teriyaki sauce ingredients We have a Workforce Center, that's about employment empowerment. So growing up, you know, always really envisioned myself as a business owner, even at a young age, and, you know, having the opportunity to go to Stanford really allowed me to see, you know, business at a high level in Silicon Valley. Thank you very much for your time. For more information, visit www.tpg.com and on Twitter @TPG. The Phoenix ownership group is headed by Los Angeles-based real estate investor and friend Romi Chaudhari. And, you know, we met with the city, we did all these things and did them in what we thought was the right way. 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. And I also grew up with my father on Vermont, and in the city of gardena. The $10-billion asset manager is entering its second year incubating LandSpire through the TPG NEXT initiative, which provides growth capital to diverse businesses. Alexiss prior work experience also includes working for Skid Row Housing Trust where she managed the development of PSH for formerly homeless individuals. You can find the rest of the series on Apple podcasts Spotify and Google podcast. And, you know, if done the right way, its an incredibly powerful vehicle. LandSpire Gramercy Fund I, LLC. 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. Before LeBron, athletes didnt think of themselves as being able to control their message, own their brands, make investments. 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. Josh: Yeah, understood. Vermont is the second busiest line for the metro system. I dont want that whole thing of us coming in rich and then going out broke, you know? (Johnny Nunez / Getty Images for EBONY MEDIA), Lakers legend Magic Johnson is part of the ownership group of the Los Angeles Dodgers. LANDSPIRE 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. 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. About me Specialties Buyer's agent Listing agent Relocation. All rights reserved. It isn't an extraction of resources. I am a certified economic development finance professional by the National Development Council. S. o Justin, I want to get you in on this conversation. I really appreciate it. 5.0 13 Reviews. On average, about 45 current and former players participate in the various programs each summer. Justin received a B. The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. 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. Much appreciation Natalie Madeira 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. 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. Last year, equity giant TPG agreed to incubate LandSpire with seed money, expertise and assistance in raising funds and targeting investments. Justin D. on LinkedIn: #landspire #menwhoenterprise 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. But you know, how do we make sure that the needs of a program meet the needs of the community as well? That's fantastic. LANDSPIRE GROUP, LLC in Las Vegas, NV | Company See Photos. Over the last seven years, the NBPA has hosted real estate programs during the off-season to help current and former players pursue career interests and maximize their platforms off the court. 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. 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. In addition to its GP seed commitments, TPG has partnered with the National Association of Investment Companies (NAIC). Justin Davis #SSWAfrica17, National Basketball Players Association (NBPA). Justin Davis Stats, News and Video - RB | NFL.com But it was our intent to be a part of those opportunities to make sure that theres an impact and a responsibility component to all the dollars invested in these areas. And Jarett, what I heard in there is that you're putting the person first, in order to be able to have an impact on the community. NBA 75: Business decisions after basketball have resulted in They learned not only their employees names but about their lives. Excited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. We even have a financial coaching, supported by LISC, where we also work on income and stability as well. And finally, I'm thrilled to present Justin Davis, C0O of Landspire group. Thank you Justin Nunez and Liz Stiverson for your support and leadership with #TPGNEXT. Landspire I want to shift gears now and talk about RevOZ Capital. WebSubeditor, Albany Law Review. And so that's great to hear. So what we have at CRCD, we have four departments. Thank you Coach Rev for your leadership. 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. A lifelong Southern California resident, Jared also brings his passion for business development, crime reduction, neighborhood beautification, and housing affordability together in a concerted effort to fend off gentrification in traditional African American neighborhoods. 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. Yeah, so you start with the, you know, just disabuse yourself of the notion that you're there to save, you're there to continue to facilitate what was already there, create all kinds of access points. 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. #LandspireGroup x #TPGNEXT Following the release of the game trailer, Space Dream VR achieved rank #4 out of over 7000 games on Steam Greenlight, and 2.6 million views on social media. 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? While a student at Michigan State, Johnson said he met two Black businessmen, Joel Ferguson and Greg Eaton, who changed my dreams., I never knew that Black men or Black people and African-Americans could do that, Johnson said. So we don't just look at it like, Hey, here's this apartment, move in there, you're good to go. So Justin, you know, our other colleagues on the line are with nonprofits. So it's also about teaching the community as well as listening, because they're really intelligent people. Ive known Alex Bhathal for quite some time and, you know, getting to know him and what hes about was the motivating factor behind joining the Social Impact Council. 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. Our latest development will bring four additional stages to our waterfront production hub in the Ports. I was in the gym every day. WebPortfolio Manager at Redf. Justin Davis And I would thoroughly enjoy that because I do enjoy, you know, working with Alex and Lisa and the team over there. Everything you see these young guys in the NBA LeBron birthed that, said Rich Paul, James longtime friend and agent who started Klutch Sports on the strength of LeBron as his first client. I see Derek smiling there, it might give you a chance to quickly get in on this. Josh: Thanks so much, Jimmy. He accepts multiple insurance plans, including Medicare. Josh, how should we think about these issues, not just within the Opportunities Zones landscape, but with investing in real estate more broadly? Watch TPG Co-CEO Winkelried, Landspire CEO Childress on the TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. Thats just as much part of our mission as anything else.. So, it was tough in the beginning.. In the beginning, yes, there was a $90 million contract from Nike, and marketing deals from Sprite and McDonalds, among others. 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. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. Don't be afraid to take the time to educate people about the hard work of you know, finding people that are actually going to show up to the jobs that we make available. Welcome to the NBA 75, The Athletics countdown of the 75 best players in NBA history, in honor of the leagues diamond anniversary. And the Opportunity Zone legislation and the program, you know, can help with that. See Photos. 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 One of his business partners is RAJ Capital founder Alex Bhathal, a co-owner of the Sacramento Kings. 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. All Rights Reserved. But, you know, just like Malcolm Gladwell writes in his book, you put in 10,000 hours to become this.. Great to have you here. 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. Josh Childress and his former Stanford teammate, Justin Davis, started their real estate fund LandSpire Group in 2018. His father worked in the steel mills, from Chicago to Gary, Ind. And all find different kinds of success off the court.. And, you know, our first deal that we actually ever tried to take on as a company was really ambitious, no question. really key thing for us. But there's even better opportunity to chase a community, there's a better opportunity when you're able to change lives and change generations of folks. 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. The changemakers podcast is a tribute to the people and places that work to make Los Angeles neighborhoods good places to live, work and play. When I got to the NBA, I was smart enough to put a good team around me who could help me develop into a businessman, and theyre still with me; were still doing our thing, Johnson said. Josh Childress is CEO of LandSpire Group and a member of the RevOZ Capital Social Impact Council. That's a great question. They have their tax returns, you know simple things supplier diversity. 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. 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. 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 partnership will build on the organizations shared commitment to addressing the industrys pipeline challenges through curated events, training, and other engagement opportunities. The partnership will provide VamosVentures with access to additional working capital and operating resources to help grow and scale its business. Thank you. Its kind of the term. He also said he and Davis plan to start their venture-capital fund and raise $500 million initially. Stanford University. The investment provided the firm with working capital and access to resources from across the TPG platform. And so, providing more children with opportunities to immerse themselves, you know, in sports whether it be basketball, football, soccer, volleyball, whatever it may be, you know, it number one, keeps kids off the street, you know, and out of trouble but also, you know, theres so many different positives from a personality and work ethic perspective that translate from Sports into real-world life. And secondly, I forgot that when it snowed in Milwaukee, they measured it by feet, not by inches. From the NBA to Opportunity Zones, with Josh Childress 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. 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. Childress, 38, believes more athletes should venture into commercial real estate, which provides the chance to create generational wealth if done properly. And so the way CRCD has approached this our entire business model has actually surrounded that particular idea. MJ never had to cook a cheeseburger to get to where he is now. Its a real-estate development firm that targets underserved communities. 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. See the Stanford Administrative Guide for more information. They cleaned toilets. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Childress, who played eight NBA seasons, says building relationships with municipalities and scaling his business with help from TPG is key before taking on similar multibillion-dollar projects. Albany Law School. 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. It seems like those two firms, RevOZ Capital and Landspire Group, mesh very well together, a lot of overlap in terms of your missions. Industry: Pooled Investment Fund (See others in industry) Address: 6510 S Millrock Drive Suite 400 Salt Lake City, UT, 84121 Phone: (801) 419-0677 . justin davis landspire 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. Select Accept to consent or Reject to decline non-essential cookies for this use. Guys that play the game are realizing that now we have the assets to get involved in things that maybe guys from my time only dreamed about, Bridgeman said in an interview with The Athletic, as part of our season-long project celebrating the NBAs 75th anniversary. 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. He had what you would consider a nice or solid NBA career averaging 13.6 points, 3.5 rebounds and 2.4 assists in 25 minutes per game over a dozen seasons with the Milwaukee Bucks and Los Angeles Clippers but was by no means a household name like Michael, Magic or LeBron. Right? Very excited to be a part of this with my team Josh Childress and Treana L. Allen, Esq. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. The WealthChannel Network:OpportunityDb | WealthChannel, Tax Planning With Opportunity Zones, With John Berlet, The Forthcoming Distressed Debt Opportunity For Investors, With Nathan Whigham, Live At OZ Pitch Day Spring 2023, With Ashley Tison, The 2023 Opportunity Zone Impact Survey, With Reid Thomas, Why We Started WealthChannel, With Andy Hagans, Alex Bhathal on the Opportunity Zones Podcast, The Opportunity Zones & Private Equity Show. 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. WebClose Menu. This #BlackHistoryMonth, we are pleased to welcome the LandSpire team for a #TalksAtTPG to discuss their work & the importance of revitalizing communities of color. The hard work of making sure that the small businesses that we want to be present have their accounting together. All right. Sportico is a part of Penske Media Corporation. 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. Well, I think one of the key things with BRIDGE housing and partnering with other people who know the community and making sure that you're not coming in there to think that you're coming in, like, no one is trying to no one needs to think they're going somewhere to save someone like people were there to begin with? Jimmy: Yeah, thats great. 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. Residential Park Homes In Portugal, Brown Recluse Deaths 2020, Articles J
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