Joining LISC LA for this conversation are: Alexis Laing is a Sr. Project Manager at BRIDGE Housing. 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. 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. E-commerce entrepreneur leading innovation in online intimate apparel marketplace For today, folks, we were really focused on talking about how to bring equitable growth and opportunity to community. 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. So glad to see you all working on that. WebClose Menu. 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. And it starts with our mantra, which is development without displacement, we believe that we can create new housing opportunities without displacing or changing the fabric of the culture within any particular community. He walked away from McDonalds for Blaze Pizza because he could own a piece of the company. WebLANDSPIRE GROUP, LLC is a Nevada Domestic Limited-Liability Company filed on June 4, 2019. Are you simply in it for return? Jimmy: Excellent. These are people that graduated from Berkeley and Stanford, and just very passionate about wanting to see growth while sustaining the culture. And so, you know, having the mentality to do so is, you know, a large part of the battle. Actor: The Boys. WebJustin Davis Chief Operating Officer, Landspire Group Web Login Address Stanford Graduate School of Business Knight Management Center 655 Knight Way Stanford, We have a youth department. A lot of people in a lot of families are living check to check and, you know, below that poverty line. 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, if done the right way, its an incredibly powerful vehicle. 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 what we do is we have wraparound services that integrate all of those particular fields, into our clientele into the community. A. degree from Stanford University and a M. S. from Stanford Graduate School of Business. Sure, so BRIDGE housing has been around 30 plus years. Since your browser does not support JavaScript, you must press the Continue button once to proceed. We don't want capital to leave the community, we want it to stay there. Justin Davis on LinkedIn Alex Bhathal on the Opportunity Zones Podcast Industry Spotlight: LandSpire Group LandSpire Group is a Los Angeles-based real 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. 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. 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. I want to thank Justin, Jared and Alexis for joining me in this conversation. 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. 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. On average, about 45 current and former players participate in the various programs each summer. I mean, this holistic approach is really critical. And so the way CRCD has approached this our entire business model has actually surrounded that particular idea. Was sports really important to you growing up? Very sound. It seems like those two firms, RevOZ Capital and Landspire Group, mesh very well together, a lot of overlap in terms of your missions. Stanford University. Davis has also appeared in other prime time dramas including Chicago Med, Manifest, FBI, The Politician, The Good Wife, The Sopranos and Its one of the more prominent Opportunity Zone funds based in California. And I would thoroughly enjoy that because I do enjoy, you know, working with Alex and Lisa and the team over there. And we do we do a lot. ), Get our latest stories in the feed of your favorite networks. Justin Davis is the COO of Landspire Group. We have a Workforce Center, that's about employment empowerment. 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. Beyond that, Carter oversees LeBrons growing media company, SpringHill Entertainment. Phone: (562) 243-5714. 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. 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. 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. Josh was a standout college basketball player at Stanford and played for several years in the NBA with the Atlanta Hawks, Phoenix Suns, Brooklyn Nets, and New Orleans Pelicans. 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. And so I think it's practices that people can learn. LandSpire Gramercy Fund I, LLC. Very excited to be a part of this with my team Josh Childress and Treana L. Allen, Esq. 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. Now, you really start to change what generational wealth really is all about? The Athletics Bill Oram contributed to this story. It's just that the for profit, finance people within the company at Trader Joe's, they're looking at numbers, okay? Johnson owned a Starbucks chain and a small share in the Lakers. It isn't an extraction of resources. It's great we've got nonprofits, people know that I'm definitely behind that. And I think most for profit developers, unlike Landspire, they kind of want to know his first question, what's my return? 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. 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. Well, hey, Josh, really appreciate your time today. 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. 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. Pat Connaughton has a real-estate business in Milwaukee. Thanks for joining me today. We want to hear from you! Web7900 oak lane suite 200 miami lakes, fl 33016. newborn take me home outfit boy. The key word in that question to me is holistic. What types of projects or types of properties are you investing in typically? Thank you very much for your time. 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. 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. Much appreciation Natalie Madeira 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. https://lnkd.in/gYhmksy, In March of 2021, TPG invested in LandSpire Group and created its Investors-in-Residence program, which has given me, Justin D., and Treana L. Allen, Esq. Learn more in our Cookie Policy. It happened last summer. For today, let's discuss what can be done to make affordable housing more available and creative ways professionals in the field are approaching this subject and this complex issue in a holistic way. The Phoenix ownership group is headed by Los Angeles-based real estate investor and friend Romi Chaudhari. Josh Childress and his former Stanford teammate, Justin Davis, started their real estate fund LandSpire Group in 2018. 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. Right? All rights reserved. I love the game, and it has provided a fantastic life for me and my family, but I always felt like there was more to my story than the game of basketball.. 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. 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. 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. And I think Manchester project is really at the crux of that this is like a living social experiment. As Chief Operating Officer, Justin brings over a decade of experience chartering multi-year investment strategies Well Jarett, I understand your personal connection to Vermont Manchester I grew up just near there on 98th and Figaroa. So this idea that not only are you bringing in capital and resources and changing the physical landscape, but to the extent that to bring that in, we want to make sure that that circulates in community. For our listeners who may not know Alex, hes the co-owner of the Sacramento Kings and managing partner at RevOZ Capital. I want to shift gears now and talk about RevOZ Capital. How creating impactful change in the areas that need it most can uplift the country as a whole. And I love that advice, doing good deals with good people. Join us: 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. Date Filing Type Reported Sold Incremental Cash Davis Justin : Promoter : N/A Land Spire Group, Llc : 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.. The career summit really, really helped me because it was very educational, but it was also motivational, Childress said. Although the median incomes of both Black and White households grew in the last decade, Black household incomes rose much more slowly. Vermont is the second busiest line for the metro system. 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. Justin Davis. Justin Davis is the COO of Landspire Group. I think specifically at the Vermont Manchester site, you're gonna have a vocal community of people who want to be involved. 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. Justin Davis is a provider established in Kansas City, Kansas and his medical specialization is Neurological Surgery with more than 21 years of experience. 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. This site is protected by reCAPTCHA Enterprise and the Google. Great to dive in today. Childress runs a for-profit company but says placing more capital in the hands of diverse allocators is at the forefront. 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. Josh: Yeah, so what Opportunity Zones do as it relates to our mission is, you know, most of these zones, most of these qualified Opportunity Zone tracks are in under-resourced areas that, you know, werent necessarily a part of the growth about 10 or 12 years ago on a national scale. 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. Hello, and welcome to the latest episode of The changemakers la podcast presented by Liske LA. So it's really on that individual to understand, what are you in it for? The NPI number of this provider is 1487817946 and was assigned on July 2008. #AllVoteNoPlay, Associate Head Men's Basketball Coach at Oregon State, #AllVoteNoPlay is gaining momentum. The COVID-19 crisis has highlighted and exacerbated the growing income inequality that has left millions of households behind, specifically, income inequality between black and white households has worsened. Cinespace Toronto is home to acclaimed productions including The Handmaids Tale, Nightmare Alley and The Umbrella Academy. How Josh transitioned from professional basketball player to business owner. really key thing for us. He has always been able to capitalize off the name and brand he built on the court to chart his path upon retirement. WebJustiin Davis. Thank you Coach Rev for your leadership. Congrats Jon Winkelried,Anilu Vazquez-Ubarri,Liz Stiverson,Justin Nunez, and Pamela Pavkov. 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. That's essentially it. They waded into the market in Madison, Wis. TPG has partnered with LandSpire Group, a 100 percent Black-owned real estate firm focused on investment and development in secondary markets across the So company that, for example, they want a Trader Joes there, right? But you know, your organization is a for profit development company. My name is Tunua Thrash-Ntuk and I'm the executive director of the local initiative support Corporation Los Angeles office. WebDr. 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.
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