Josh Childress is CEO of LandSpire Group and a member of the RevOZ Capital Social Impact Council. Harlem Capital closed its inaugural fund in December of 2019 with more than $40 million in capital commitments. So Ive known him since I was 17 years old. WebView the profiles of professionals named "Justin Davis - Ex-amazon" on LinkedIn. Well, we didnt have either of those. My name is Tunua Thrash-Ntuk and I'm the executive director of the local initiative support Corporation Los Angeles office. Paul is right; not everyone can pull off in business, media and self-marketing what LeBron achieved. And understand that there are lots of returns that we're getting, not only is a financial, but it's also you know, just a betterment of community and our world going forward. Jimmy: Yeah, thats an excellent goal, an audacious goal. And people can't see you. Justin received a B. And secondly, I forgot that when it snowed in Milwaukee, they measured it by feet, not by inches. Stanford University. How Do We Solve the Looming Eviction Crisis? Jarett, we're gonna start with you. So we're trying to really address the actual human needs of people. Ive always found value in trying to create my own lane, he said. The career summit really, really helped me because it was very educational, but it was also motivational, Childress said. CRCD is doing a myriad of programming in the community. No, we work on career stability, income stability, and mental stability as well. I mean, you all are private developers? 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. Cinespace Toronto is home to acclaimed productions including The Handmaids Tale, Nightmare Alley and The Umbrella Academy. And so what I've always done is I think what Alexis is point was about listening, absorbing that input. LandSpire Gramercy Fund I, LLC. TPG's investment platforms are across a wide range of asset classes, including private equity, growth equity, impact investing, real estate, secondaries, and public equity. Please sign, "like" and share the petition. All rights reserved. But I think when you're able to convince someone that, hey, there is a great opportunity in terms of return. 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. In 2017, TPG launched an initiative to increase the gender diversity of its portfolio company boards. 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? Like looking at, it has to be affordable housing based on the design, and how the site was taken over. Bridgeman was born in Chicago. And so I understand the work, you know, of a credit analyst. Weve had All-Stars and role players, guys who spent a lot of time in the league and guys who just spend a little bit of time in the league, come through our programs, Murman said. You know, the legislation was brought about to impact change and create some economic mobility in some of these areas that really need it. Industry: Pooled Investment Fund (See others in industry) Address: 6510 S Millrock Drive Suite 400 Salt Lake City, UT, 84121 Phone: (801) 419-0677 . Very sound. 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. 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. It happened last summer. Josh joins us today from Irvine, California. Well Jarett, I understand your personal connection to Vermont Manchester I grew up just near there on 98th and Figaroa. The Phoenix ownership group is headed by Los Angeles-based real estate investor and friend Romi Chaudhari. 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. You can find those show notes at opportunitydb.com/podcast. So it's really on that individual to understand, what are you in it for? Best Match Powered by Whitepages Premium AGE 60s Justin Guy Davis Denver, CO (Far Northeast Denver) View Full Report Addresses Flanders Way, Denver, CO 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. And so that's great to hear. Thanks for joining me today. You had to be successful, or you are gonna be another player that blew everything that he had.. This past weekend in Las Vegas, players had an experiential opportunity to learn about the real estate industry through site visits and by networking with industry leaders. He increased his investment 667 times over. 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. 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. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. But from an investment perspective, our investment thesis really is, you know, first and foremost, do good deals with good people. Log In. 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. And, you know, theyve been great to work with so far, Ive really enjoyed my time with them and, you know, look to continue to build on this platform to make sure that the dollars are flowing into the community the right way, and that developments and redevelopments are happening in a responsible manner where the community at large is also benefiting from, you know, the economic investment thats happening there. So thats where we have a competitive advantage, and where we will continue to focus efforts on some of the redevelopment opportunities. 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. 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. TPG PR:https://lnkd.in/eZqE9iA2 The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. He accepts multiple insurance plans, including Medicare. 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. CJ McCollum has a wine label. 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? Justin Davis. But I always love to, you know, meet good people, do deals with people and do good deals with good people. In 2017, TPG launched an initiative to increase the gender diversity of its portfolio company boards. But like what type of stores are you looking for? 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. 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 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. They have their tax returns, you know simple things supplier diversity. Great to dive in today. I think specifically at the Vermont Manchester site, you're gonna have a vocal community of people who want to be involved. But there is a space as well for for profit developers. TPG has partnered with LandSpire Group, a 100 percent Black-owned real estate firm focused on investment and development in secondary markets across the He put on an apron, picked up a mop and dropped those French fries into a cauldron of boiling grease. And I think, you know, this program, is that. or. 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. WebSubeditor, Albany Law Review. And there youll find links to all of the resources that Josh and I discussed on todays show. Actor: The Boys. Here I am a couple of years later, you know, with a real estate investment firm.. 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. Its important work and you know, we hope to really continue to drive change. 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. 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. 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. 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 so, you know, there was a high barrier to entry into many of these deals, but thats where, you know, we leverage our relationships and were able to partner with other groups. 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. Log in or sign up for Facebook to connect with friends, family and people you know. E-commerce entrepreneur leading innovation in online intimate apparel marketplace Or LeBron. WebDr. Sure, so BRIDGE housing has been around 30 plus years. And so, you know, that took a kid like myself, you know, from having a bunch of other distractions to having one thing that I really enjoyed doing. How is a former NBA player leveraging Opportunity Zones to create impactful change? See Photos. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. So I have a very intimate relationship with the community, the understanding of it. So it's not that Trader Joe's doesn't belong there. 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. WebLANDSPIRE GROUP, LLC is a Nevada Domestic Limited-Liability Company filed on June 4, 2019. Read full release here: Lets make this happen NOW! (Illustration: Wes McCabe / The Athletic; Photo: Dick Raphael / NBAE via Getty Images). By 2016, Bridgeman Foods Inc. was the second-largest franchisee for Wendys restaurants in the world. The firm has developed an internal database of more than 1,500 diverse director candidates with a breadth of sector and functional expertise. The investment provided the firm with working capital and access to resources from across the TPG platform. 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. 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. 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. See Photos. Justin Davis is the COO of Landspire Group. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Josh: Yeah. So I passed by that corner, I don't know, three, four times a week for 10 years, 15 years. This site is protected by reCAPTCHA Enterprise and the Google. More on our vision and the inaugural #TPGNEXT portfolio. Justin Davis-Rice @JustinDavisRice Chairman & CEO of Naked Brand Group (NASDAQ : NAKD), Chairman of Bendon Group. What does equitable growth in communities look like for you? The former lottery pick out of Stanford always balked at coaching jobs or front-office roles when he retired four years ago. And I really feel like this tool can really help impact the change we need in these communities all around the country. 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. #LandspireGroup x #TPGNEXT 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. Phone: (562) 243-5714. 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. Select the best result to find their address, phone number, relatives, and public records. Putting the community at the center, engaging them giving them an opportunity to self determine what goes there. Childress, 38, believes more athletes should venture into commercial real estate, which provides the chance to create generational wealth if done properly. He has always been able to capitalize off the name and brand he built on the court to chart his path upon retirement. 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.

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