justin davis landspire

Davis has also appeared in other prime time dramas including Chicago Med, Manifest, FBI, The Politician, The Good Wife, The Sopranos and Like looking at, it has to be affordable housing based on the design, and how the site was taken over. In 2017, TPG launched an initiative to increase the gender diversity of its portfolio company boards. But I think to dive a bit deeper, you know, really target under-resourced communities and, you know, impact change in land development. LandSpire Group is a Los Angeles-based real estate investment fund that revitalizes communities of color that were once defined by small businesses, livable-wage jobs, and a thriving middle class. And because of that, he is perhaps the best poster child (or grandfather, whichever you prefer) for todays NBA player hoping to make a second career in business. And with that is sort of just recognizing that with any sort of development, or project or change that's happening with the community, there's going to be a influx and outflux of capital, our priority is making sure when any project that we do that we are building something that's not going to allow for the outflux of capital. Josh: Hey, Jimmy. I just pulled up your Instagram. For more information, visit www.tpg.com and on Twitter @TPG. There had never been an NBA player quite like LeBron, who expanded his business footprint during the prime of his playing career. If the average NBA player needs a role model like Bridgeman, then the superstar can use a guy like Magic. And what we do is we have wraparound services that integrate all of those particular fields, into our clientele into the community. They have lenders, they have partners that they have to work with, and prove their intentions to also. 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. Johnson owned a Starbucks chain and a small share in the Lakers. 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. Bridgeman was born in Chicago. But I always love to, you know, meet good people, do deals with people and do good deals with good people. Now, you really start to change what generational wealth really is all about? And all find different kinds of success off the court.. 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. See Photos. LandSpire Gramercy Fund I, LLC. Justin Davis. 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. Please sign, "like" and share the petition. WebView the profiles of professionals named "Justin Davis - Ex-amazon" on LinkedIn. He walked away from McDonalds for Blaze Pizza because he could own a piece of the company. See Photos. Ulysses Junior Bridgeman wagered every last dollar he saved from his 12-year NBA career on the belief that he knew the answer to a simple question. 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, 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. It happened last summer. Stanford, California 94305. And so that's great to hear. If being an announcer, refurbishing apartments or building a lighter sneaker isnt in a players business plan, he can get one-on-one counseling, specifically tailored to the wine he wants to make or even the fast-food restaurant chain he wants to buy. So it's not just us coming into the community and saying like, this is how it needs to be. But I think it was mainly positive, to give the athlete that willingness to want to be more.. One of his business partners is RAJ Capital founder Alex Bhathal, a co-owner of the Sacramento Kings. The partnership will provide VamosVentures with access to additional working capital and operating resources to help grow and scale its business. He sees his work as creating an aspirational pathway for his children, nieces, nephews and thousands more to succeed in their personal lives and generate He actually, you know, took me around on a recruiting visit there. Justin Davis. 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. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. The career summit really, really helped me because it was very educational, but it was also motivational, Childress said. But, you know, just like Malcolm Gladwell writes in his book, you put in 10,000 hours to become this.. The investment provided the firm with working capital and access to resources from across the TPG platform. WebClose Menu. 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. Joe Vardon is a senior NBA writer for The Athletic, based in Cleveland. Landspire Bellflower SPV Diverse Angels, a Series of Assure Labs 2021, LLC. Good looking smile. 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 now the owner of the Charlotte Hornets and his worth is estimated to be north of $2 billion. Great to dive in today. But, you know, where we really provided value in that deal was, you know, having a deep understanding of the community needs and really addressing those in the development. 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. 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. I'd like to thank all of you out there for joining us today in this important conversation. 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. Bridgeman and Thompson worked 18-hour days, not in an office or a boardroom, but in the stores. And, you know, the whole thesis surrounding the Opportunity Zone policy in the first place is that, well, while our nation as a whole recovered from the great recession of more than a decade ago now, the countrys poorest neighborhoods, or a lot of the countrys poorest neighborhoods at least, really got left behind in that recovery that ensued in the last decade. Soon after retiring, Bridgeman and a partner, Paul Thompson, purchased five Wendys restaurants in Milwaukee. There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. 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. Thirteen years later, Childress finds himself taking another unique pathrunning a real estate investment fast break. Okay. 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. 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. 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. Most for profit developers, I don't think they look through that lens, of seeing that there's a problem, they want to just address the problem. See Photos. Jimmy: Absolutely, Josh. Josh: Yeah, understood. You can update your choices at any time in your settings. Jimmy: Yeah, thats great. MJ never had to cook a cheeseburger to get to where he is now. 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. Childress, alongside Davis and general counsel Treana Allen, are fully immersed in TPGs real estate team as the first Investors-in-Residence. As the Chief Operating Officer Justin brings over a decade of experience chartering multi year investment strategies that target systems and structural change. It also owned more than 100 Chilis restaurants and was a franchisee for Fazolis and Blaze Pizza (of which LeBron is an equity partner). Josh joins us today from Irvine, California. Thats just as much part of our mission as anything else.. This site is protected by reCAPTCHA Enterprise and the Google. So Ive known him since I was 17 years old. I saw my peers doing some cool things, and after that, I told them I wanted to be on stage. There are too many stories like that.. And tell us a little bit more about Landspire Group. The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. How Do We Solve the Looming Eviction Crisis? They took money at cash registers and, yes, flipped burgers. Well, thank you very much, Josh. He put on an apron, picked up a mop and dropped those French fries into a cauldron of boiling grease. This button displays the currently selected search type. 219 Irvine, CA, 92612 Phone: 949-316-1230 . 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. Filings. 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. 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. Also, throughout his career, LeBron sought to empower his close friends in business. Or LeBron. 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. I was in the gym every day. And Im always pretty responsive and try to get back to people as best I can. 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. But I think when you're able to convince someone that, hey, there is a great opportunity in terms of return. Jimmy: Yeah, I think thats so crucial with Opportunity Zone development. Completely. If we can create better living conditions, create more job opportunities, allow for participation in some of the growth in these areas, then you start to see real change happening where, you know, everybody isnt in need of the $600 stimulus. Handle @jchiltingeton. Excited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. Its important work and you know, we hope to really continue to drive change. 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. 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. WebJustin Davis. Justin Davis on LinkedIn Alex Bhathal on the Opportunity Zones Podcast Industry Spotlight: LandSpire Group LandSpire Group is a Los Angeles-based real 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 There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. WebPeople named Justin Davis. 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. We also will run features such as this one to complement certain players and moments throughout our series. (Johnny Nunez / Getty Images for EBONY MEDIA), Lakers legend Magic Johnson is part of the ownership group of the Los Angeles Dodgers. The partnership will provide VamosVentures with access to additional working capital and operating resources to help grow and scale its business. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 2021-11-03 New: Jimmy: Very good. Alexiss prior work experience also includes working for Skid Row Housing Trust where she managed the development of PSH for formerly homeless individuals. I left that career summit feeling like I had to make some things happen, Childress said. 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. As Chief Operating Officer, Justin brings over a decade of experience chartering multi-year investment strategies that target systems and structural change. 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. WebSubeditor, Albany Law Review. What is the best way to promote resilience in our communities right now? Sportico is a part of Penske Media Corporation. How is Landspire group working to make this happen, creating equitable growth and community? 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 may refer to: Justin Davis (soccer) (born 1988), American soccer player. Funding for the program she runs with a staff of six is codified in the collective bargaining agreement between the NBA and the union and has been for two decades. 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. 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. 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. But you know, you pointed to the mind. A lot of the criticism surrounding the program involves stories of developers coming in and, you know, building up huge luxury hotels or luxury condominiums and maybe something that the local community residents dont really need. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. Josh Childress 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. WebLandspire Newport LLC; Firm: Fund # CIK # 0001879645: Sale: 2020-11-03 ($0.8 MM Offered, $0.8 MM Sold) Fund 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.

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