Its one of the more prominent Opportunity Zone funds based in California. 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. First up, I'd like to introduce Alexis Lang. 2023 Tarrant Capital IP, LLC, All Rights Reserved. Soon after retiring, Bridgeman and a partner, Paul Thompson, purchased five Wendys restaurants in Milwaukee. See Photos. 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? LandSpire Group is a Black-owned real estate firm that focuses on investment and development in secondary markets across the U.S. Its co-founders, Josh And so I understand the work, you know, of a credit analyst. You can find the rest of the series on Apple podcasts Spotify and Google podcast. Josh: Absolutely. So Ive known him since I was 17 years old. And the Opportunity Zone legislation and the program, you know, can help with that. Justin Davis | GSB Impact Fund Im gonna always give the knowledge if they want to meet with me because I want them to be successful, Johnson said. WebThe founder member of Davis Landscape Architecture with the responsibility of ensuring that continued growth of the company is achieved. 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. Putting the community at the center, engaging them giving them an opportunity to self determine what goes there. But you know, your organization is a for profit development company. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. All right. 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. For our listeners who may not know Alex, hes the co-owner of the Sacramento Kings and managing partner at RevOZ Capital. Contact. These were not great restaurants, so you had to turn them around, Bridgeman said. Josh Childress, Co-Founder & CEO, Landspire Group and Jon Winkelried, Co-CEO, TPG discuss how women and people of And, you know, it was our intent to be a part of these redevelopment opportunities to make sure that the social community and the stakeholders at large would also benefit from some of the upswing in the investment dollars that were pouring into these areas. And then we're building 180 units of affordable housing. 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. Jordan, who most consider the greatest basketball player ever, built his wealth first through his shoe/apparel brand with Nike, from which he still earns roughly $100 million per year. So thats where we have a competitive advantage, and where we will continue to focus efforts on some of the redevelopment opportunities. You know, the legislation was brought about to impact change and create some economic mobility in some of these areas that really need it. In this episode, Tunua sits down with three experts to explore the topic of advancing equitable growth in the affordable housing industry. But from an investment perspective, our investment thesis really is, you know, first and foremost, do good deals with good people. We have a development department that is about case management, and getting people off the streets. If you search for Josh Childress, youll find me there with some glasses smiling away. Before LeBron, athletes didnt think of themselves as being able to control their message, own their brands, make investments. He is now the owner of the Charlotte Hornets and his worth is estimated to be north of $2 billion. 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. We partnered with Josh, Justin & Treana last year through #TPGNEXT, an initiative designed to back diverse talent. And then we're very specific about the things that people in this area and community are doing that makes housing unaffordable for them. And I think Manchester project is really at the crux of that this is like a living social experiment. WebExcited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. And Im always pretty responsive and try to get back to people as best I can. Josh: Were synergistic in the sense that we both want to see, you know, development in under-resourced areas, and we want to both, you know, create equitable change in these areas that allow the community stakeholders to benefit, you know, from the developments. 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. It's something that you're bringing in. Thank you. Kevin Durant followed LeBrons path with a diverse, growing business portfolio, all managed under Thirty Five Ventures (production, investments, charity) with his business partner, Rich Kleiman. I like that for opportunity, Jarett, anything we want to share with people in terms of best practices. 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. WebJustin Davis Chief Operating Officer, Landspire Group Web Login Address Stanford Graduate School of Business Knight Management Center 655 Knight Way Stanford, And I think most for profit developers, unlike Landspire, they kind of want to know his first question, what's my return? So it's not just us coming into the community and saying like, this is how it needs to be. Filings. Josh: Absolutely. Jimmy: Absolutely, Josh. The career summit really, really helped me because it was very educational, but it was also motivational, Childress said. Home Town Real Estate. And finally, I'm thrilled to present Justin Davis, C0O of Landspire group. And people can't see you. Great to have you here. But I think it was mainly positive, to give the athlete that willingness to want to be more.. Thank you Justin Nunez and Liz Stiverson for your support and leadership with #TPGNEXT. WebJustin Davis We found 100+ records for Justin Davis in CO, IA and 48 other states. TPG, the Half Star logo, and related marks and logos are service marks or registered marks owned by Tarrant Capital IP, LLC. WebJustiin Davis. Excited to see my brother, Josh Childress, represent #LandSpire at Walkers Legacys The Men Who Enterprise Digital Summit. At the end of 2019, TPG expanded the effort to focus on race and ethnicity and sexual orientation. I want to shift gears now and talk about RevOZ Capital. Thank you very much for your time. Before we go, where can our listeners go to learn more about you and Landspire Group? So it's not that Trader Joe's doesn't belong there. That's essentially it. Its not deal-specific, but its do good things with good people. We have a Workforce Center, that's about employment empowerment. Josh: Yeah, so we are a young company and, you know, we have invested really alongside great institutional partners to date. 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. Childress, 38, started LandSpire Group with his college teammate from Stanford, Justin Davis. Web7900 oak lane suite 200 miami lakes, fl 33016. newborn take me home outfit boy. From the NBA to Opportunity Zones, with Josh Childress And, you know, obviously, we both have backgrounds in sports but also, you know, see the impact that sports had on our lives. 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. 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. One of his business partners is RAJ Capital founder Alex Bhathal, a co-owner of the Sacramento Kings. 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 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. 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. So it's also about teaching the community as well as listening, because they're really intelligent people. You have folks like myself, for profit developer, we have the CRCDs of the world, we have the LISC's of the world. Continuing to learn about the sports business ecosystem is a big motivation because Ive seen the trajectory change over the years, he said. And I think when you kind of identified that, or that part and to identify that, and hopefully it's more on the understanding of what can we do long term in terms of transformational change. So, you know, it was our intent to create Landspire Group, which is, you know, to inspire change to land development. Josh: Yeah. So we don't just look at it like, Hey, here's this apartment, move in there, you're good to go. The average NBA career lasts approximately 4.5 years, which means, of course, most players will not earn the nest egg nor build the cache to close his eyes, point his finger at whats next and turn it into hundreds of millions in earnings. Select Accept to consent or Reject to decline non-essential cookies for this use. And then those residents that help beautify and help build that community. WebSubeditor, Albany Law Review. Its kind of the term. That's a great question. Phone: (562) 243-5714. WebPeople named Justin Davis. 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. Justin D. posted on LinkedIn Justin Davis is the COO of Landspire Group. How Opportunity Zone investing ties into LandSpire Groups mission and the social impact initiative at RevOZ Capital. I appreciate it. Here I am a couple of years later, you know, with a real estate investment firm.. 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. 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. He actually, you know, took me around on a recruiting visit there. You mentioned equitable change, you mentioned creating economic mobility in these Opportunity Zone communities. Justin Davis. Thanks for joining me today. 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. Your insights, I imagine will be invaluable to the community development space as we continue to try and figure out how do we respond to the income and wealth inequality in Los Angeles. About me Specialties Buyer's agent Listing agent Relocation. So can you tell me about how do Opportunity Zones fit into what Landspire is doing and your greater mission there and what attracted you to Opportunity Zones in the first place? Sportico is a part of Penske Media Corporation. Send us a tip using our anonymous form. 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? 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. The COVID-19 crisis has highlighted and exacerbated the growing income inequality that has left millions of households behind. Filings. Copyright 20182023 OpportunityDb. Compton has quiet areas, it that has really, really rough areas. Welcome to the NBA 75, The Athletics countdown of the 75 best players in NBA history, in honor of the leagues diamond anniversary. WebWelcome to Set'Em Free Bail Bonds +1 214-752-4000 info@setemfreedallas.com He attended the unions symposiums in 2019, declaring hed like to return one day as a speaker. Thats just as much part of our mission as anything else.. Good looking smile. The hard work of making sure that the small businesses that we want to be present have their accounting together. 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. You mentioned Opportunity Zones briefly a minute ago, you mentioned that your partner Justin is from Oakland and you yourself, Josh, you were brought up in Compton. Thank you. 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. 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. And its interesting that you noted that that can actually give you a competitive advantage as well when youre coming in and performing some of these developments. And like how can you use, like, the skills that you have to help a community continue to thrive what they want? And there youll find links to all of the resources that Josh and I discussed on todays show. And well look to expand that platform with more affordable housing, acquisitions, and developments over the next few years. Former NBA Player Josh Childress Establishes Scholarship at Log in or sign up for Facebook to connect with friends, family and people you know. 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. Best Match Powered by Whitepages Premium AGE 60s Justin Guy Davis Denver, CO (Far Northeast Denver) View Full Report Addresses Flanders Way, Denver, CO And, you know, we met with the city, we did all these things and did them in what we thought was the right way. WebTools. 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 there are players who can do that. 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. Select the best result to find their address, phone number, relatives, and public records. But you know, how do we make sure that the needs of a program meet the needs of the community as well? But that vocal community doesn't represent everyone really taking the time to go out to the community to get other people's opinions, and having other ways for people to contact you. Much appreciation Natalie Madeira 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 TPG NEXT has truly changed our trajectory. The former lottery pick out of Stanford always balked at coaching jobs or front-office roles when he retired four years ago. 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 we've got some special guests with us today. SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG, a global alternative asset firm, announced today the launch of TPG NEXT, a newly branded initiative designed to back diverse talent. Josh Childress isnt afraid to go against the grain. I was able to walk away from the game with enough money to buy Wendys restaurants, and it took everything I had to buy those. Joe Vardon is a senior NBA writer for The Athletic, based in Cleveland. LSGs investment strategy prioritizes urban revitalization, with an emphasis on increasing workforce and affordable housing and repurposing underutilized industrial centers. 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. 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. 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. TPG Announces Launch of TPG NEXT to Seed and Support the Next Generation of Diverse Investors and Entrepreneurs. And, you know, as I was transitioning my last couple of years of playing, I really wanted to step into a role that not only could create longevity for me professionally, you know, but also could impact my family in a positive manner. There are too many stories like that.. Those connections could assist him in diversifying his portfolio in sports franchise ownership. So it was intriguing to me from a young age and I continue to be even more intrigued as I got older. And so I think it's practices that people can learn. So spent a lot of time going by that intersection and hoping one day that it would be developed into something that we could be proud of. But I think when you're able to convince someone that, hey, there is a great opportunity in terms of return. Albany Law School. 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. In addition to its GP seed commitments, TPG has partnered with the National Association of Investment Companies (NAIC).
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