And that the city came out with their RP, and it was five projects of similar size and a $50 million balance sheet. But like what type of stores are you looking for? 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. and Prime Star development, which is a local commercial developer, and redeveloping a part of a site that's been mostly vacant since the 1990s civil unrest, Rodney King riots, that time period, the county and Mark Thomas is a former board supervisor got together they gathered the land and they are separating it into two separate projects. 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. Justin Davis. 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. Justin Davis. They are nonprofit, affordable housing developers and holistic community developers. Josh, love the glasses. Albany, New York Metropolitan Area. Within 18 months of their original purchase, Bridgeman and Thompson purchased the remainder of the Wendys locations in Milwaukee. From the NBA to Opportunity Zones, with Josh Childress Justin Davis. But from an investment perspective, our investment thesis really is, you know, first and foremost, do good deals with good people. The hard work of making sure that the small businesses that we want to be present have their accounting together. Since then, TPGs portfolio companies have added more than 100 women directors. Dr. Justin Davis, MD Irvine, CA, 92612. And so what I've always done is I think what Alexis is point was about listening, absorbing that input. 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. Josh: Yeah, so you can learn more about me and Landspire Group at www.landspiregroup.com or on my social media handles. 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. Childress, 38, started LandSpire Group with his college teammate from Stanford, Justin Davis. Childress is also studying the trend of real-estate developments anchored by sports arenas and stadiums. Justin Davis is the COO of Landspire Group. Jimmy: Yeah, thats great. Advancing Equitable Growth in the Affordable Housing And I think it's a big part of your success. Jimmy: Very good. The partnership will provide VamosVentures with access to additional working capital and operating resources to help grow and scale its business. The league and players union also has its version of Shark Tank, in which current or former players can pitch business ideas in the hope of getting seed money. So it was intriguing to me from a young age and I continue to be even more intrigued as I got older. So it's not just us coming into the community and saying like, this is how it needs to be. So we focus on the location, which is South Central, and we're very specific about how we oppose South Central's needs. Important Security Information: Josh: Thanks so much, Jimmy. And you know, that gym has now provided me a life where I can provide for myself and my family quite well, and its the roots of, you know, having an outlet that is so crucial to many kids across this country. Jimmy: Can you tell me a little bit more about your investment thesis, your investment strategy? 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. The first exposure for the players to Murman and staff is in May, ahead of the NBA Draft, when incoming rookies hear from them about what is available if theyre interested in business, and why maybe they should be if they arent. Johnson owned a Starbucks chain and a small share in the Lakers. That's where Landspire our vantage point is first, we recognize the problem. See Photos. And secondly, I forgot that when it snowed in Milwaukee, they measured it by feet, not by inches. How Do We Solve the Looming Eviction Crisis? Thats just as much part of our mission as anything else.. Josh is CEO of Landspire Group and a member of the RevOZ Capital Social Impact Council. 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. We also will run features such as this one to complement certain players and moments throughout our series. 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. A. degree from Stanford University and a M. S. from Stanford Graduate School of Business. 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. There's about 60,000 square feet of retail, including a neighborhood serving grocery area, 15,000 square foot Metro Training Center, and transit Plaza. The emphasis in the household Junior grew up in was not on basketball or on making big bucks but on education, which Junior received by attending the University of Louisville. Filings. You know, the legislation was brought about to impact change and create some economic mobility in some of these areas that really need it. Landspire And, you know, our first deal that we actually ever tried to take on as a company was really ambitious, no question. Industry: Pooled Investment Fund (See others in industry) Address: 6510 S Millrock Drive Suite 400 Salt Lake City, UT, 84121 Phone: (801) 419-0677 . And I also grew up with my father on Vermont, and in the city of gardena. Josh Childress, Co-Founder & CEO, Landspire Group and Jon Winkelried, Co-CEO, TPG discuss how women and people of LandSpire Gramercy Fund I, LLC - fund raising filing 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. I'd like to thank all of you out there for joining us today in this important conversation. 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. 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. Justin Davis: the Creation of Thanks for having me. 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. But we have to find where those objectives align. There had never been an NBA player quite like LeBron, who expanded his business footprint during the prime of his playing career. 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. 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. Through TPG NEXT, we believe we can bring the right combination of capital, operating resources, and expertise to help expand the traditionally narrow path to success in our industry and create and scale a differentiated category of diverse investing.. 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? Select the best result to find their address, phone number, relatives, and public records. So company that, for example, they want a Trader Joes there, right? That's essentially it. Its one of the more prominent Opportunity Zone funds based in California. Justin D. on LinkedIn: #landspire #menwhoenterprise Subscribe to our Opportunity Zone newsletter. Jimmy: Yeah, thats an excellent goal, an audacious goal. 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. San Francisco and Fort Worth, Texas March 18, 2021 TPG, a global alternative asset firm, announced today the launch of TPG NEXT, a newly branded initiative designed to back diverse talent. 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. So go check out Josh on social media. Paul is right; not everyone can pull off in business, media and self-marketing what LeBron achieved. TPG NEXT has truly changed our trajectory. And, you know, RevOZ is committed to that, Landspire is committed to that, so, by and large, the two groups and our synergies and our overall outlook on this program create, I think, some great opportunities to invest in drive in areas that really need it. It's great we've got nonprofits, people know that I'm definitely behind that. Special thank you to everyone that participated and to Josh Childress for leading this program. There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. 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. Bridgeman and Thompson worked 18-hour days, not in an office or a boardroom, but in the stores. Thanks for that. But, you know, just like Malcolm Gladwell writes in his book, you put in 10,000 hours to become this.. It's it's part of our Jordan downs, redevelopment, you know, we have a very large community development group and like, you know, surveying the community to figure out what exactly do they need? 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. Excited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit.
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