justin davis landspire

See Photos. So it's also about informing and educating the community. If the average NBA player needs a role model like Bridgeman, then the superstar can use a guy like Magic. Josh Childress is CEO of LandSpire Group and a member of the RevOZ Capital Social Impact Council. So I passed by that corner, I don't know, three, four times a week for 10 years, 15 years. 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 How Josh transitioned from professional basketball player to business owner. How is a former NBA player leveraging Opportunity Zones to create impactful change? 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. 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. With 1.4 million square at three major sites in Toronto, Cinespace Toronto is the largest studio operator with 29 stages across its West End campus, the Studio District and the Ports of Toronto. (Kevin Winter / Getty Images). 5 sales in the last 12 months. Web7900 oak lane suite 200 miami lakes, fl 33016. newborn take me home outfit boy. Cinespace Toronto is home to acclaimed productions including The Handmaids Tale, Nightmare Alley and The Umbrella Academy. The impact that sports had on Josh from a young age. The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. (Johnny Nunez / Getty Images for EBONY MEDIA), Lakers legend Magic Johnson is part of the ownership group of the Los Angeles Dodgers. 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. 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. Like looking at, it has to be affordable housing based on the design, and how the site was taken over. Home Town Real Estate. You had to be successful, or you are gonna be another player that blew everything that he had.. 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. #MenWhoEnterprise #WalkersLegacy Jarett, we're gonna start with you. Today, TPG NEXT received a $500M anchor commitment from CalPERS to supercharge its efforts to change the diverse-led fund manager landscape. Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr., Suite 219 Irvine, CA, 92612 Phone: 949-316-1230 . How did you all go about doing that with your Vermont Manchester property and for our listeners out there, maybe tell us a little bit about the Vermont Manchester property and how its development is so historic in the South LA community? 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. But you know, you pointed to the mind. 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. What types of projects or types of properties are you investing in typically? Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr. Ste. So what we have at CRCD, we have four departments. WebPortfolio Manager at Redf. Landspire Bellflower SPV Diverse Angels, a Series of Assure Labs 2021, LLC. And a chance to be the next Junior Bridgeman. But I think to dive a bit deeper, you know, really target under-resourced communities and, you know, impact change in land development. So we're trying to really address the actual human needs of people. Childress, 38, started LandSpire Group with his college teammate from Stanford, Justin Davis. I want to thank Justin, Jared and Alexis for joining me in this conversation. TPG co-founder David Bonderman owns the NHLs Seattle Kraken and is a minority owner of the Boston Celtics. Well Jarett, I understand your personal connection to Vermont Manchester I grew up just near there on 98th and Figaroa. Jimmy: Can you tell me a little bit more about your investment thesis, your investment strategy? See Josh joins us today from Irvine, California. We partnered with Josh, Justin & Treana last year through #TPGNEXT, an initiative designed to back diverse talent. 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 so the way CRCD has approached this our entire business model has actually surrounded that particular idea. I hope this initiative continues to mobilize change within the finance sector and inspires a new wave of underrepresented alternative asset managers. Those connections could assist him in diversifying his portfolio in sports franchise ownership. So the lenses are completely different. Completely. More on our vision and the inaugural #TPGNEXT portfolio. 219 Irvine, CA, 92612 Phone: 949-316-1230 . And, you know, obviously, we both have backgrounds in sports but also, you know, see the impact that sports had on our lives. 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. 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. My name is Tunua Thrash-Ntuk and I'm the executive director of the local initiative support Corporation Los Angeles office. CJ McCollum has a wine label. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Date Filing Type Reported Sold Incremental Cash Davis Justin : Promoter : N/A Land Spire Group, Llc : How Opportunity Zone investing ties into LandSpire Groups mission and the social impact initiative at RevOZ Capital. And I love that advice, doing good deals with good people. Its really been, obviously, a big touchpoint in the country, but creating more opportunities for people to provide for themselves and provide in a sustainable way, is, you know, what, I think is truly important and what is needed in this country. Jimmy: Excellent. Next up, we have Jared Moore, a project manager at the Coalition for Responsible community development. 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. How is Landspire group working to make this happen, creating equitable growth and community? 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. The key word in that question to me is holistic. Its important work and you know, we hope to really continue to drive change. Use of this system is subject to Stanford University's rules and regulations. They cleaned toilets. He is one of the best, most-known players in the sport. How can we change the outcomes for people's lives and community. 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. Jimmy: Absolutely, Josh. His father worked in the steel mills, from Chicago to Gary, Ind. Vermont is the second busiest line for the metro system. 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. Josh, how should we think about these issues, not just within the Opportunities Zones landscape, but with investing in real estate more broadly? Jarett, it looks like you wanted to get in there. There were years when he earned $7,000 in salary. 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. 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. The firm has developed an internal database of more than 1,500 diverse director candidates with a breadth of sector and functional expertise. Justin Davis is the COO of Landspire Group. It's great we've got nonprofits, people know that I'm definitely behind that. Well, thank you very much, Josh. These were not great restaurants, so you had to turn them around, Bridgeman said. Stanford University. By 2016, Bridgeman Foods Inc. was the second-largest franchisee for Wendys restaurants in the world. LandSpire Bellflower, LLC. Thank you. March 18th, 2021, 11:33 AM PDT. VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. How Do We Solve the Looming Eviction Crisis? 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. Contact. Our latest development will bring four additional stages to our waterfront production hub in the Ports. And, you know, so for us, you know, we are representative of the people in most of these communities, by and large, and we have to an extent, probably experienced many of the things that these people experienced in our youth at the very least. WebView the profiles of professionals named "Justin Davis - Ex-amazon" on LinkedIn. And secondly, I forgot that when it snowed in Milwaukee, they measured it by feet, not by inches. As Chief Operating Officer, Justin brings over a decade of experience chartering multi-year investment strategies And what we do is we have wraparound services that integrate all of those particular fields, into our clientele into the community. If you'd like to learn more, please visit us online awww.lisc.org/Los-Angeles and follow us on Twitter at LISC-LA L-I-S-C underscore LA. 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. 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. Childress said he hasnt had the chance to meet the TPG chairman (Bonderman) yet but is interested in learning more about the business of sports and admires how former NBA stars like Dwyane Wade and Hill have successfully transitioned to team governorship. Last year, equity giant TPG agreed to incubate LandSpire with seed money, expertise and assistance in raising funds and targeting investments. So always interested in meeting quality people and learning from individuals and finding ways to create, you know, impact in any way I can. TPG, the Half Star logo, and related marks and logos are service marks or registered marks owned by Tarrant Capital IP, LLC. (Illustration: Wes McCabe / The Athletic; Photo: Dick Raphael / NBAE via Getty Images). Jimmy: Can I ask you more about your background, Josh? Although the median incomes of both Black and White households grew in the last decade, Black household incomes rose much more slowly. Jimmy: Very good. 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. Justin Davis. 2023 Tarrant Capital IP, LLC, All Rights Reserved. He put on an apron, picked up a mop and dropped those French fries into a cauldron of boiling grease. 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. Josh, turning back to you now, how does your work with Landspire and RevOZ, those two firms, how does that connect to the broader portfolio of projects that youre working on? Actor: The Boys. Thanks for joining me today. 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. It isn't an extraction of resources. WebSubeditor, Albany Law Review. But there is a space as well for for profit developers. 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. I think we all have different objectives. Before joining BRIDGE, Alexis was a project manager for Thomas Safran and Associates where she managed the development and refinancing of affordable housing projects in LA County. 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. Phone: (562) 243-5714. He is best known for his work as Lester White on HBO's multi-Emmy winning drama Boardwalk Empire. 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. 2023 Sportico Media, LLC. But you know, how do we make sure that the needs of a program meet the needs of the community as well? 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. The NPI number of this provider is 1487817946 and was assigned on July 2008. And then we're very specific about the things that people in this area and community are doing that makes housing unaffordable for them. 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. 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. So we're really working on that. Jimmy: Yeah, thats great. 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? Bloomberg:https://lnkd.in/eQ64vTKW. That's essentially it. unparallel exposure to a best-in-class institutional investment manager. Because, you know, Alexis, this whole question was about how do you preserve communities, and a critical piece of that includes having the community be part of determining what goes on the site? 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. Justin Davis is a Portfolio Manager at Roberts Enterprise Development Fund based in Los Angeles, California. They built a few additional stores. He's been in the real estate industry for the past seven years and is also a part of this year's LISC cohort of 2020 2022 housing development training institute fellows. He also said he and Davis plan to start their venture-capital fund and raise $500 million initially. 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. I left that career summit feeling like I had to make some things happen, Childress said. The partnership will build on the organizations shared commitment to addressing the industrys pipeline challenges through curated events, training, and other engagement opportunities. WebJustin Davis Chief Operating Officer, Landspire Group Web Login Address Stanford Graduate School of Business Knight Management Center 655 Knight Way Stanford, There was a 100-acre redevelopment site here in Orange County and Justin and I spent hours and hours creating a site plan for it. For our listeners who may not know Alex, hes the co-owner of the Sacramento Kings and managing partner at RevOZ Capital. Because not everyone feels comfortable joining a conference call, or maybe they can't join a call, depending on what time it is. And so I understand the work, you know, of a credit analyst. So it's really on that individual to understand, what are you in it for? 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. And I think most for profit developers, unlike Landspire, they kind of want to know his first question, what's my return? 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. The career summit really, really helped me because it was very educational, but it was also motivational, Childress said. These are people that graduated from Berkeley and Stanford, and just very passionate about wanting to see growth while sustaining the culture. WebExcited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. Subscribe to hear more conversations about the people and places that shape Los Angeles. 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. It's something that you're bringing in. 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. This button displays the currently selected search type. But how do I do it? Josh Childress and his former Stanford teammate, Justin Davis, started their real estate fund LandSpire Group in 2018. And, you know, if done the right way, its an incredibly powerful vehicle. The partnership will provide VamosVentures with access to additional working capital and operating resources to help grow and scale its business. 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. Coronavirus Resiliency and Racial Inequity, Black Business Excellence Technical Assistance (BBET) Initiative, Alexis Laing, Sr. project manager at BRIDGE Housing, Jarrett Moore, project manager at Coalition for Responsible Community Development and participant in LISCs 2020-2021 cohort of the Housing Development Training Institute (HDTI), {4:12} What CRDC is doing to expand and improve the affordable housing industry, {6:40} How Landspire Group is working to create equitable growth in the community, {8:40} The importance of preserving historic communities and how BRIDGE is working to redevelop the Vermont Manchester property, {12:51} How more for-profit developers can create affordable housing opportunities, {16:05} Best practices for advancing economic opportunity through affordable housing development. Justin Davis on LinkedIn Alex Bhathal on the Opportunity Zones Podcast Industry Spotlight: LandSpire Group LandSpire Group is a Los Angeles-based real What does the firm do and what are your big picture goals? And so what I've always done is I think what Alexis is point was about listening, absorbing that input. And you know, with the goal of providing quality affordable housing, we are involved with the Vermont Manchester project with CRCD. WebPreviously owned by The Walt Disney Corporation, the X Games was co-acquired in 2022 by LandSpire Group (led by MSP Sports Capital), and marked LandSpires entry into the burgeoning sports asset class. Continuing to learn about the sports business ecosystem is a big motivation because Ive seen the trajectory change over the years, he said. Justin Davis may refer to: Justin Davis (soccer) (born 1988), American soccer player. 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. Right? 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. At the end of 2019, TPG expanded the effort to focus on race and ethnicity and sexual orientation. 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. 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. But I think when you're able to convince someone that, hey, there is a great opportunity in terms of return. See Photos. Its one of the more prominent Opportunity Zone funds based in California. Justin Davis-Rice @JustinDavisRice Chairman & CEO of Naked Brand Group (NASDAQ : NAKD), Chairman of Bendon Group. 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. 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. 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. And so I think it's practices that people can learn. Much appreciation Natalie Madeira So, it was tough in the beginning.. Thanks for that. Great to dive in today. It also owned more than 100 Chilis restaurants and was a franchisee for Fazolis and Blaze Pizza (of which LeBron is an equity partner). 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. Now, you really start to change what generational wealth really is all about? 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. Jarett, you agree with that? 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. 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. There is a self-selecting bias in the market that fundamentally disadvantages diverse talent. Like, not everyone needs new backpacks, maybe they need better access to pens and paper or, you know, Wi Fi, like, understand, like, what are the actual key things that people need, and asking them first, versus coming in with your preconceived notions about what needs to happen. You know, very few for profit developers get on a call with me and start talking about how can we change generational wealth opportunities? 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? In the beginning, yes, there was a $90 million contract from Nike, and marketing deals from Sprite and McDonalds, among others. It's just that the for profit, finance people within the company at Trader Joe's, they're looking at numbers, okay? Josh, love the glasses. WebThe founder member of Davis Landscape Architecture with the responsibility of ensuring that continued growth of the company is achieved. Thank you Coach Rev for your leadership. No, we work on career stability, income stability, and mental stability as well. We don't want capital to leave the community, we want it to stay there. With TPG as its anchor investor, Childress says LandSpire plans to launch a fund in the second half of this year with a target of raising $500 million. But like what type of stores are you looking for? I am a certified economic development finance professional by the National Development Council. And I think it's a big part of your success. Aug 2022 - Present6 months. Find your friends on Facebook. 5.0 13 Reviews. James is now an investor in, and therefore minority owner of, Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC. He graduated from University Of Kansas School Of Med (kc/wich/sal) in 2002. Alexiss prior work experience also includes working for Skid Row Housing Trust where she managed the development of PSH for formerly homeless individuals. The hard work of making sure that the small businesses that we want to be present have their accounting together. 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. And I feel very blessed to have gone through my my financial training. Try a week on us. And for hoops fans listening, who are thinking to themselves, Hey, Josh Childress, that name sounds familiar. Empowering a more diverse group to become capital allocators will help to increase investment into diverse-led businesses, creating a positive ripple effect across the industry. Yeah, theyll make enough money where theyll be in that category of being able to supply wealth for their kids and grandkids and on and on, but Im talking about, you know, owning a significant, multibillion-dollar company that will go on and on, but, even more importantly, can influencewhat goes on in this country.. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. I saw my peers doing some cool things, and after that, I told them I wanted to be on stage. I think that's where you're gonna see more for profit developers getting in to the space, and some simply are just gonna want to get into it because of the opportunity to make money. TPG NEXT has truly changed our trajectory. WebPeople named Justin Davis. Jimmy: Yeah, I think thats so crucial with Opportunity Zone development. Alexis, the work that you're doing over at BRIDGE is all about preserving historic communities. They have lenders, they have partners that they have to work with, and prove their intentions to also. 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. The investment provided the firm with working capital and access to resources from across the TPG platform. See Photos. Before LeBron, athletes didnt think of themselves as being able to control their message, own their brands, make investments. Childress, alongside Davis and general counsel Treana Allen, are fully immersed in TPGs real estate team as the first Investors-in-Residence. Harlem Capital closed its inaugural fund in December of 2019 with more than $40 million in capital commitments. Ive always found value in trying to create my own lane, he said. Hosted by OpportunityDb.com founder Jimmy Atkinson, theOpportunity Zones Podcastfeatures guest interviews from fund managers, advisors, policymakers, tax professionals, and other foremost experts in opportunity zones. Josh: Thanks so much, Jimmy. ), Get our latest stories in the feed of your favorite networks. LandSpire Group is the first ever Investor-in-Residence in the firm's history. But I always love to, you know, meet good people, do deals with people and do good deals with good people. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. Justin Davis. Putting the community at the center, engaging them giving them an opportunity to self determine what goes there.

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