justin davis landspire

Its important work and you know, we hope to really continue to drive change. When expanded it provides a list of search options that will switch the search inputs to match 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. Childress is also studying the trend of real-estate developments anchored by sports arenas and stadiums. What types of projects or types of properties are you investing in typically? Bridgeman retired from the Bucks in 1987 and knew hed been wise in saving his earnings. I just pulled up your Instagram. Copyright 20182023 OpportunityDb. And I wanted to have something tangible that I can pass down to my children, and creating businesses, investing in real estate, things of that sort are those types of assets. At the end of 2019, TPG expanded the effort to focus on race and ethnicity and sexual orientation. 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. But I think to dive a bit deeper, you know, really target under-resourced communities and, you know, impact change in land development. TPG has partnered with LandSpire Group, a 100 percent Black-owned real estate firm focused on investment and development in secondary markets across the And, you know, we met with the city, we did all these things and did them in what we thought was the right way. You had to be successful, or you are gonna be another player that blew everything that he had.. I hope this initiative continues to mobilize change within the finance sector and inspires a new wave of underrepresented alternative asset managers. Since your browser does not support JavaScript, you must press the Continue button once to proceed. And people can't see you. 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? This site is protected by reCAPTCHA Enterprise and the Google. S. o Justin, I want to get you in on this conversation. LandSpire Gramercy Fund I, LLC. Today, TPG NEXT received a $500M anchor commitment from CalPERS to supercharge its efforts to change the diverse-led fund manager landscape. I really appreciate it. My guest on the show today is Josh Childress. Although the median incomes of both Black and White households grew in the last decade, Black household incomes rose much more slowly. But we have to find where those objectives align. 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. He walked away from McDonalds for Blaze Pizza because he could own a piece of the company. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. Each summer, the career-development team hosts symposiums on broadcasting, real estate and, through a partnership with NASA, a technology summit in which players learn about patents and ways space science (how to make a proper, sleeker space suit, for instance) can help them develop better basketball shoes or knee braces. Handle @jchiltingeton. 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. Much appreciation Natalie Madeira Cofield! Web7900 oak lane suite 200 miami lakes, fl 33016. newborn take me home outfit boy. Jimmy: Can you tell me a little bit more about your investment thesis, your investment strategy? In 2017, TPG launched an initiative to increase the gender diversity of its portfolio company boards. Harlem Capital closed its inaugural fund in December of 2019 with more than $40 million in capital commitments. One of his business partners is RAJ Capital founder Alex Bhathal, a co-owner of the Sacramento Kings. Stanford, California 94305. CRCD is doing a myriad of programming in the community. Thanks for that. WebClose Menu. 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. https://lnkd.in/e77C8b6, Proud of my Stanford brother Josh Childress and the impact LandSpireGroup.com is having in underresourced communities during these times. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Are you simply in it for return? We want to hear from you! It isn't an extraction of resources. Justin Davis, MD is a emergency medicine specialist in Spartanburg, SC. Subscribe to hear more conversations about the people and places that shape Los Angeles. 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. So go check out Josh on social media. 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. That's essentially it. #DevelopmentWithoutDisplacement, Founder & CEO - NALA | Y-Combinator '19 | Stanford MBA | Harvard Kennedy School of Government, Feeling grateful to be here in #Mozambique. Its not a perfect tool, its not gonna solve all of our nations problem but its a great tool Opportunity Zones are. 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. 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. But, you know, just like Malcolm Gladwell writes in his book, you put in 10,000 hours to become this.. What does equitable growth in communities look like for you? 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. 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. 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. Contact. 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 changemakers podcast is a tribute to the people and places that work to make Los Angeles neighborhoods good places to live, work and play. I left that career summit feeling like I had to make some things happen, Childress said. 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. Jarett, it looks like you wanted to get in there. Its kind of the term. The firm has developed an internal database of more than 1,500 diverse director candidates with a breadth of sector and functional expertise. The former McDonalds All-American already owns a stake in an Australian pro basketball team, South East Melbourne Phoenix, alongside former NBA stars Zach Randolph and Al Harrington. Right? 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. 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). So, it was tough in the beginning.. 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. 2023 Sportico Media, LLC. Are you in it to change lives, you're in it to transform communities? How Opportunity Zone investing ties into LandSpire Groups mission and the social impact initiative at RevOZ Capital. For today, folks, we were really focused on talking about how to bring equitable growth and opportunity to community. 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 investments). Albany Law School. The impact that sports had on Josh from a young age. 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. You just have to make sure its done the right way. WebExcited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. 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. Kevin Durant Signs Lifetime Contract WithNike, No Agent, No Problem: Lamar Jackson Takes Top NFL Contract on DraftDay, Patrick Mahomes Creeps Up on Tom Brady for Top Player ProductSales. Actor: The Boys. This episode of changemakers la was made possible by our partner Citi Group, Inc. LISC-LA is committed to working with community groups and developers dedicated to preservation and development of affordable housing and sustaining housing projects in the region. 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. 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. 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 I feel very blessed to have gone through my my financial training. Jimmy: Welcome to the Opportunity Zones Podcast. Im your host, Jimmy Atkinson. Josh is CEO of Landspire Group and a member of the RevOZ Capital Social Impact Council. So we don't just look at it like, Hey, here's this apartment, move in there, you're good to go. And, you know, having more individuals just get access to and exposure to the power of commercial real estate is a big goal of ours. But how do I do it? Ive always found value in trying to create my own lane, he said. Next up, we have Jared Moore, a project manager at the Coalition for Responsible community development. 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. See Photos. And I love that advice, doing good deals with good people. Well Jarett, I understand your personal connection to Vermont Manchester I grew up just near there on 98th and Figaroa. 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? I like that for opportunity, Jarett, anything we want to share with people in terms of best practices. Our latest development will bring four additional stages to our waterfront production hub in the Ports. In Maverick Carter, he entrusted the daily operation of, first, his relationship with Nike which is now cemented with a lifetime deal worth $1 billion. 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. 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 happened last summer. In this episode, Tunua sits down with three experts to explore the topic of advancing equitable growth in the affordable housing industry. Josh: Yeah, so Landspire Group was founded by my partner, Justin Davis, and I. Justin was my teammate and roommate at Stanford, and so we have a long-standing history together. WebLandspire Newport LLC; Firm: Fund # CIK # 0001879645: Sale: 2020-11-03 ($0.8 MM Offered, $0.8 MM Sold) Fund Or LeBron. 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+. I want to thank Justin, Jared and Alexis for joining me in this conversation. 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. Webng k hc li xe B1.1-B2-C ti Hu; bachelor thesis example computer science; mahika name pronunciation; sarku japan teriyaki sauce ingredients WebJustin D. Expand search. Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr., Suite 219 Irvine, CA, 92612 Phone: 949-316-1230 . We are proud to be a part of TPG NEXT, a new initiative providing growth capital and operating resources to seed, support, and scale the next generation of diverse investors and entrepreneurs. ), Get our latest stories in the feed of your favorite networks. He currently practices at Medical Group of the Carolinas - Emergency Medicine and is affiliated with Pelham Medical Center. We even have a financial coaching, supported by LISC, where we also work on income and stability as well. He attended the unions symposiums in 2019, declaring hed like to return one day as a speaker. And what we do is we have wraparound services that integrate all of those particular fields, into our clientele into the community. It's great we've got nonprofits, people know that I'm definitely behind that. As Chief Operating Officer, Justin brings over a decade of experience chartering multi-year investment strategies Johnson retired from the NBA in 1991 after his HIV diagnosis and built Magic Johnson Enterprises, which includes a chain of movie theaters, a production studio and a marketing firm valued at more than $1 billion. I dont want that whole thing of us coming in rich and then going out broke, you know? Logging in lets you access other protected Stanford websites with this browser, not just the website you requested. 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. As Chief Operating Officer, Justin brings over a decade of experience chartering multi-year investment strategies that target systems and structural change. Jimmy: Very good. So Ive known him since I was 17 years old. Alexis, the work that you're doing over at BRIDGE is all about preserving historic communities. TPG, the Half Star logo, and related marks and logos are service marks or registered marks owned by Tarrant Capital IP, LLC. 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. 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. In the beginning, yes, there was a $90 million contract from Nike, and marketing deals from Sprite and McDonalds, among others. Dr. Davis completed a residency at YORK HOSPITAL. Phone: (562) 243-5714. The NCAA needs to have a mandatory day off on the Federal Election Day to have a positive and lasting effect on the 460,000 #ncaa athletes and the steady decline is 18-24 year old voter participation. There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. So having that deep understanding of the community needs, having boots on the ground, getting in there, and especially with you and Justin as you mentioned having lived a lot of the experience that these Opportunities Zones residents are going through right now when you were in your youth, its very important to make sure that those local community residents dont get left behind and that you really bring them in as stakeholders in what youre working on. Thanks so much for sharing that Jarett and Alexis for talking about the project. 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. About: Justin Davis , producer, 3D Artist, Animator, Musician & Programmer of Space Dream VR, a cosmic experience driven by music visualization storytelling and gameplay. So you had a successful professional basketball career, but Id like now if you could tell me the story about how you transitioned from professional basketball into business and what led you to found the Landspire Group. 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. Those connections could assist him in diversifying his portfolio in sports franchise ownership. 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. With that we believe that we can create more equitable housing outcomes and more equity opportunities for both people that currently exist in the community. 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. Wachter introduced them to Tom Werner, the TV mogul and principal partner in Fenway. Justin Davis-Rice @JustinDavisRice Chairman & CEO of Naked Brand Group (NASDAQ : NAKD), Chairman of Bendon Group. Josh, how should we think about these issues, not just within the Opportunities Zones landscape, but with investing in real estate more broadly? For more information, visit www.tpg.com and on Twitter @TPG. 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. 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. Jarett, we're gonna start with you. I couldnt agree more. The investment provided the firm with working capital and access to resources from across the TPG platform. But I think it was mainly positive, to give the athlete that willingness to want to be more.. James is now an investor in, and therefore minority owner of, Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC. In particular, a disproportionate number of communities with black and brown residents did not enjoy the same level of economic recovery as the rest of the United States, and the OZ policy is really meant to catalyze private investment into these very communities. Davis has also appeared in other prime time dramas including Chicago Med, Manifest, FBI, The Politician, The Good Wife, The Sopranos and As the Chief Operating Officer Justin brings over a decade of experience chartering multi year investment strategies that target systems and structural change. 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. 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+. WebLANDSPIRE GROUP, LLC in Irvine, CA | Company Info & Reviews Company Information Sponsored Links Company Contacts JOSH CHILDRESS Chief Executive Officer 2082 Michelson Dr. Suite 219 Irvine, CA 92612 JOSH CHILDRESS Manager 2082 Michelson Dr. Suite 219 Irvine, CA 92612 Reviews Write Review There are no reviews yet for this What's it like working in community trying to bring people together, give them a chance to self determine, what can we share with friends out there who are like, I want to do that. And so what I've always done is I think what Alexis is point was about listening, absorbing that input. 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. They owned 16 stores and then 30. Childress runs a for-profit company but says placing more capital in the hands of diverse allocators is at the forefront. 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 always interested in meeting quality people and learning from individuals and finding ways to create, you know, impact in any way I can. And so the way CRCD has approached this our entire business model has actually surrounded that particular idea. Childress, 38, started LandSpire Group with his college teammate from Stanford, Justin Davis. Now, you really start to change what generational wealth really is all about? Josh Childress, Co-Founder & CEO, Landspire Group and Jon Winkelried, Co-CEO, TPG discuss how women and people of

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