Stanford, California 94305. We were joined today by three professionals, one in the private sector focused on making sure that affordable housing not only provides a valuable return, but it's also something that provides a valuable return to community and to individuals, and to circulate and make sure that resources stay in community. But, you know, just like Malcolm Gladwell writes in his book, you put in 10,000 hours to become this.. TPG, the Half Star logo, and related marks and logos are service marks or registered marks owned by Tarrant Capital IP, LLC. But you know, your organization is a for profit development company. The company's filing status is listed as Active and its File Number is E0258262019 And all find different kinds of success off the court.. You mentioned equitable change, you mentioned creating economic mobility in these Opportunity Zone communities. Subscribe to our Opportunity Zone newsletter. Thank you Coach Rev for your leadership. This event is the inaugural event for future initiatives supporting Black men in business and is designed to provide men with the resources and networks needed to be successful in business and beyond. Jimmy: Very good. WebJustin Davis Chief Operating Officer, Landspire Group Web Login Address Stanford Graduate School of Business Knight Management Center 655 Knight Way Stanford, I think we all have different objectives. What does the firm do and what are your big picture goals? 5.0 13 Reviews. These were not great restaurants, so you had to turn them around, Bridgeman said. And, you know, we met with the city, we did all these things and did them in what we thought was the right way. But I think when you're able to convince someone that, hey, there is a great opportunity in terms of return. Jimmy: Yeah, thats great. They learned not only their employees names but about their lives. You have folks like myself, for profit developer, we have the CRCDs of the world, we have the LISC's of the world. And as a country, you know, if we arent uplifting and creating change in these areas and providing opportunities for more and more individuals to, you know, buy a home, get a good job and live, you know, above the poverty line, you know, that impacts us all in a positive manner. What does equitable growth in communities look like for you? What do people want? 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. While he was playing and starring for the Bulls, he amassed a cavalcade of endorsements that stretched way beyond Nike, to include such iconic brands as Gatorade and McDonalds. The investment provided the firm with working capital and access to resources from across the TPG platform. Filings. All Rights Reserved. WebView the profiles of professionals named "Justin Davis - Ex-amazon" on LinkedIn. Justin Davis (21st or. Well Jarett, I understand your personal connection to Vermont Manchester I grew up just near there on 98th and Figaroa. When expanded it provides a list of search options that will switch the search inputs to match The Athletics Bill Oram contributed to this story. Justin received a B. See Photos. 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. Its not deal-specific, but its do good things with good people. I think specifically at the Vermont Manchester site, you're gonna have a vocal community of people who want to be involved. One of his business partners is RAJ Capital founder Alex Bhathal, a co-owner of the Sacramento Kings. How is Landspire group working to make this happen, creating equitable growth and community? Justin Davis. Justin Davis, MD is a emergency medicine specialist in Spartanburg, SC. In this episode, Tunua sits down with three experts to explore the topic of advancing equitable growth in the affordable housing industry. 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 a chance to be the next Junior Bridgeman. Thank you Justin Nunez and Liz Stiverson for your support and leadership with #TPGNEXT. Ill be sure to link to landspiregroup.com and all of Joshs social media handles, and Ill try to get a picture of Josh on there as well like I always do. TPG NEXT partners will have access to the firms complete ecosystem, including its investment professionals, business development and capital formation functions, and services teams. Thank you very much for your time. Justin Davis may refer to: Justin Davis (soccer) (born 1988), American soccer player. They cleaned toilets. Very excited to be a part of this with my team Josh Childress and Treana L. Allen, Esq. That's essentially it. #DevelopmentWithoutDisplacement, Founder & CEO - NALA | Y-Combinator '19 | Stanford MBA | Harvard Kennedy School of Government, Feeling grateful to be here in #Mozambique. Justin Davis is a provider established in Kansas City, Kansas and his medical specialization is Neurological Surgery with more than 21 years of experience. ), Get our latest stories in the feed of your favorite networks. So it's not just us coming into the community and saying like, this is how it needs to be. So it was intriguing to me from a young age and I continue to be even more intrigued as I got older. The changemakers podcast is a tribute to the people and places that work to make Los Angeles neighborhoods good places to live, work and play. So we don't just look at it like, Hey, here's this apartment, move in there, you're good to go. First up, I'd like to introduce Alexis Lang. 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. Thanks so much for sharing that Jarett and Alexis for talking about the project. My name is Tunua Thrash-Ntuk and I'm the executive director of the local initiative support Corporation Los Angeles office. Alexis, the work that you're doing over at BRIDGE is all about preserving historic communities. 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. They owned 16 stores and then 30. I think that, you know, having this council and having individuals who can provide real input, you know, is crucial to being, you know, a great investor. And then we're very specific about the things that people in this area and community are doing that makes housing unaffordable for them. 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. 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. Everything he had. Albany, New York Metropolitan Area. And many of our alumni and scholarship donors were successful business owners and that just was something that stuck with me over the years. As you said, its not the end all be all. Also, throughout his career, LeBron sought to empower his close friends in business. The former McDonalds All-American already owns a stake in an Australian pro basketball team, South East Melbourne Phoenix, alongside former NBA stars Zach Randolph and Al Harrington. You recently joined their Social Impact Council, what motivated you to join the council and what do you hope to achieve through your membership there? WebPortfolio Manager at Redf. You mentioned Alex Bhathal. And I would thoroughly enjoy that because I do enjoy, you know, working with Alex and Lisa and the team over there. #LandspireGroup x #TPGNEXT Thanks for joining me today. Josh: Yeah, understood. How creating impactful change in the areas that need it most can uplift the country as a whole. The former lottery pick out of Stanford always balked at coaching jobs or front-office roles when he retired four years ago. 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. Josh, how should we think about these issues, not just within the Opportunities Zones landscape, but with investing in real estate more broadly? Justin Davis. 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. 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. Jimmy: Excellent. 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 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. 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. Justin Davis. 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. Jimmy: Can I ask you more about your background, Josh? 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. Its a real-estate development firm that targets underserved communities. 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. But, you know, theres so much synergy in what were both doing, you know, for communities at large and I think theres a great opportunity for us to just create that change thats needed. 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. And I really feel like this tool can really help impact the change we need in these communities all around the country. If you search for Josh Childress, youll find me there with some glasses smiling away. It also owned more than 100 Chilis restaurants and was a franchisee for Fazolis and Blaze Pizza (of which LeBron is an equity partner). These are people that graduated from Berkeley and Stanford, and just very passionate about wanting to see growth while sustaining the culture. Irvine, CA, 92612. Josh Childress isnt afraid to go against the grain. And and I think, understanding this sector, you have to be mindful of all the different players that are involved, right? You just have to make sure its done the right way. We provide a variety of flexible housing lending products designed to help local groups bring development projects to fruition, with loans and funds covering every phase of development from pre development to permanent financing. Much appreciation Natalie Madeira Cofield! Nearly three years into his venture, Childress said LandSpire has already invested in six projects worth a combined $1.5 billion (the projects, not his companys 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. 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. 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. 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 #AllVoteNoPlay, Associate Head Men's Basketball Coach at Oregon State, #AllVoteNoPlay is gaining momentum. 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. 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. Industry: Pooled Investment Fund (See others in industry) Address: 6510 S Millrock Drive Suite 400 Salt Lake City, UT, 84121 Phone: (801) 419-0677 . Best Match Powered by Whitepages Premium AGE 60s Justin Guy Davis Denver, CO (Far Northeast Denver) View Full Report Addresses Flanders Way, Denver, CO Great to dive in today. Josh is CEO of Landspire Group and a member of the RevOZ Capital Social Impact Council. Today, he is in the controlling ownership group of the Los Angeles Dodgers. In 2017, TPG launched an initiative to increase the gender diversity of its portfolio company boards. He increased his investment 667 times over. There's always going to be this push and pull and I think Justin spoke to it earlier about influx and outflux, where there's this strange relationship between beautifying the community, bringing amenities into the community. The COVID-19 crisis has highlighted and exacerbated the growing income inequality that has left millions of households behind. 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. The family business expanded to Coca-Cola bottling in 2017 and then to media in 2020. (Kevin Winter / Getty Images). Its about getting them more access and opportunity in the commercial real estate space and a greater understanding of the various lanes you can take to be successful, he said of the partnership, which also allows LandSpire to co-invest with TPG. Justin Davis is the COO of Landspire Group. Log In. WebThe founder member of Davis Landscape Architecture with the responsibility of ensuring that continued growth of the company is achieved. Childress is also studying the trend of real-estate developments anchored by sports arenas and stadiums. 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. 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. In 2019, TPG made a non-controlling strategic investment in Harlem Capital, a diversity-focused venture capital firm. They have lenders, they have partners that they have to work with, and prove their intentions to also. Josh Childress is CEO of LandSpire Group and a member of the RevOZ Capital Social Impact Council. Webng k hc li xe B1.1-B2-C ti Hu; bachelor thesis example computer science; mahika name pronunciation; sarku japan teriyaki sauce ingredients 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. Log in or sign up for Facebook to connect with friends, family and people you know. Jarett, it looks like you wanted to get in there. Childress runs a for-profit company but says placing more capital in the hands of diverse allocators is at the forefront. As a vintage extreme sports brand and household name, X Games is uniquely positioned for optimization as a standalone business. 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. LSGs investment strategy prioritizes urban revitalization, with an emphasis on increasing workforce and affordable housing and repurposing underutilized industrial centers. That's where Landspire our vantage point is first, we recognize the problem. Or we had community events when those were still available in the public and, you know, pre COVID, but no having lots of different types of access points to get people's opinion about what happens in their community. 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. 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 it goes back to something I said earlier. Sure, so BRIDGE housing has been around 30 plus years. The investment provided the firm with working capital and access to resources from across the TPG platform. 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. (Illustration: Wes McCabe / The Athletic; Photo: Dick Raphael / NBAE via Getty Images). The CEO is taking the challenge of recreating himself in this next phase of lifeleveraging his black-owned fund to impact the lives of minorities. WebJustin D. Expand search. We have a Workforce Center, that's about employment empowerment. 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. Good looking smile. Thirteen years later, Childress finds himself taking another unique pathrunning a real estate investment fast break. So it's also about informing and educating the community. The partnership will build on the organizations shared commitment to addressing the industrys pipeline challenges through curated events, training, and other engagement opportunities. Jimmy: Absolutely, Josh. RevOZ Capital earlier this year launched a new social impact initiative with a commitment to invest $1 billion in Opportunity Zone projects over the next three years. Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr. Ste. So having that deep understanding of the community needs, having boots on the ground, getting in there, and especially with you and Justin as you mentioned having lived a lot of the experience that these Opportunities Zones residents are going through right now when you were in your youth, its very important to make sure that those local community residents dont get left behind and that you really bring them in as stakeholders in what youre working on. 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. Are you in it to change lives, you're in it to transform communities? See Photos. He is best known for his work as Lester White on HBO's multi-Emmy winning drama Boardwalk Empire. 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. 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.. Although the median incomes of both Black and White households grew in the last decade, Black household incomes rose much more slowly. 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. Josh, love the glasses. 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. 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 always interested in meeting quality people and learning from individuals and finding ways to create, you know, impact in any way I can. Josh Childress, Co-Founder & CEO, Landspire Group and Jon Winkelried, Co-CEO, TPG discuss how women and people of 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. Justin Davis on LinkedIn Alex Bhathal on the Opportunity Zones Podcast Industry Spotlight: LandSpire Group LandSpire Group is a Los Angeles-based real Its not a perfect tool, its not gonna solve all of our nations problem but its a great tool Opportunity Zones are. And I dont know if many of our individuals in leadership truly understand that, you know, but there are a lot of people out there that are struggling, and you saw this accelerated, you know, through COVID. 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. Dr. Davis completed a residency at YORK HOSPITAL. 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. TPG NEXT will provide flexible growth capital and operating resources to seed, support, and scale the next generation of diverse investors and entrepreneurs including women, people of color, and LGBTQ+. Its important work and you know, we hope to really continue to drive change. The impact that sports had on Josh from a young age. See Photos. Industry: Other Real Estate (See others in industry) Address: 2082 Michelson Dr., Suite 219 Irvine, CA, 92612 Phone: 949-316-1230 . Justin Nunez, a Business Unit Partner in TPG Public Equity Partners, and Liz Stiverson, a Principal and Chief of Staff in TPGs Executive Office, will oversee the day-to-day management of the initiative in partnership with a group of executive sponsors, including Winkelried, Jim Coulter, Kelvin Davis, and Anilu Vazquez-Ubarri. It isn't an extraction of resources. How is a former NBA player leveraging Opportunity Zones to create impactful change? But my immediate social media handle is @jchillingeton, J-C-H-I-L-L-I-N-G-E-T-O-N on Instagram. Find your friends on Facebook. This episode of changemakers la was made possible by our partner Citi Group, Inc. LISC-LA is committed to working with community groups and developers dedicated to preservation and development of affordable housing and sustaining housing projects in the region. They have their tax returns, you know simple things supplier diversity. 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. How are you all looking at holistically focusing on a housing instability to make sure we create more stable options for people in South Los Angeles? 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? VamosVentures was founded in 2016 by investor and entrepreneur Marcos Gonzalez. Before we go, where can our listeners go to learn more about you and Landspire Group? Welcome to the NBA 75, The Athletics countdown of the 75 best players in NBA history, in honor of the leagues diamond anniversary. There were years when he earned $7,000 in salary. We even have a financial coaching, supported by LISC, where we also work on income and stability as well. We want to hear from you! That's a great question. And I feel very blessed to have gone through my my financial training. I want to thank Justin, Jared and Alexis for joining me in this conversation. See And so, you know, having the mentality to do so is, you know, a large part of the battle. I really appreciate it. 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? TPG Announces Launch of TPG NEXT to Seed and Support the Next Generation of Diverse Investors and Entrepreneurs. At least 40 current NBA players have launched their businesses. But I know that it begins with folks like you as one of the founders and leaders of Landspire and your other partners who have proximity in terms of background and experience with these communities. Jimmy: Welcome to the Opportunity Zones Podcast. Im your host, Jimmy Atkinson. 1908 pattern cavalry sword for sale,