Impact Investing Could Be $5.2 Trillion Market In Ten Years: Steinbridge CEO
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- Опубликовано: 28 май 2024
- Tawan Davis is a Founding Partner and CEO of the Steinbridge Group. He is also recognized as one of America’s emerging business, economic, and social leaders. In this role, Mr. Davis leads the company by combining his deep training and experience in finance and economics with a prolific social activism. He is also a member of the investment and management committees.
Davis’ leadership combines deep training and experience in finance and economics with a prolific social activism. He began his career as an investment banker with Goldman Sachs and was later a real estate private equity investor with Prudential Financial, leading and managing investments both in Europe and the United States. Davis later served as Vice President and Head of Public-Private Partnerships in the administration of New York City Mayor Michael Bloomberg and as CIO of a $5 billion national real estate development firm.
In addition to leading Steinbridge, Davis is also an Adjunct Professor of Real Estate at New York University (NYU), and serves on the boards of Harlem Hospital, the New York Urban League and the New Horizons Children’s Advocacy Group.
Forbes Senior Writer Jabari Young interviews Tawan Davis, CEO of The Steinbridge Group, about the future of impact investing and the role of real estate in that market.
0:00 Introduction
0:41 The Impact Of Earl Graves On African-American Investors
1:30 The Steinbridge Pledge, What Does That Look Like?
4:08 What Is Impact Investing And How Will It Help Communities?
6:28 The Virginia Union Investment
8:44 Commitment To Rent Stabilization
12:16 Davis' Background
15:11 The Why Of Davis' Work
17:39 The Origins Of Steinbridge
20:09 Economic Factors In Real Estate And Ownership
22:03 Investing Is Partnership
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I saw Tawan Davis' earlier Forbes interview a few months ago which was awesome as well. He and the team at Steinbridge are unlocking value the right way, and I applaud their success and the success of their stakeholders.
These men need to be celebrated🎉🎉🎉Love it!!!!
Ikr 💯💯
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Lee Wallace Stacey
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
He needs to be on earn you leisure. They need to do an interview with Troy and Ian on market Mondays.
Thank you Mr. Tawan Davis for impact investing, especially around Virginia Union! This is very important that HBCU is given a portion of the revenue.
My HBCU is Jackson State University. I am a Mississippian.
Thank you Mr. Jabari Young for interviewing Mr. Tawan Davis!
Wow. The Steinbridge firms mission seems like a full circle moment of what his grandmother started nearly one hundred years ago. He mentioned that she purchased homes to bring a housing solution to meet the need of visitors and black folk in general at the time. Through socially geared impact real estate investments, hes doing the same thing all these years later. Amazing.
So, he came from money?
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree. Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It’s not only about having money to invest in stocks ,but you also need to be knowledgeable,persistent,and have strong hands to back it up.
I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up .
Sure, the investment-advisor that guides me is..
MARY TERESE SINGH
No cap. Y’all boys smoked this interview. Got me taking notes and doing research
Powerful!!!
Great grandma had a 30k house in the 1940s money they were doing quite well.
They were being overpriced for that purchase in that era
@@Decades-pl2kl for anyone to have 30k in the 1940s they were doing well. Back then the average person probably wasn’t even making 2k for the entire year.
Enlightening conversation. Thank you to these men for meeting and sharing the history and experiences
Quality content. #HBCU
This is my role model. When you are a young black man that don’t fit the stereotype it’s important to find role models you won’t to embodied
As a Richmond native who had many family members who have graduated from Virginia Union… it’s great to see this partnership. VUU has made massive contributions to African American communities in Richmond metro over the last few centuries. And Richmond is currently a hyper growth market. Thank you Twan!
My people! ✊🏾 I lived/love Portland! This is great!
Nice informative video
Great conversation! The money given to HBCU’s is incredible. The states don’t pay them like they should so we gotta do this on our own
This was such an impactful listen. Love the Plano, TX shoutout as well.
love this interview! very good perspectives on the current market. 💪🏾💪🏾
Wow, I loved this conversation! Really love what Mr Davis said about the need for partnership. Good to see Business is coming around to see the importance in investing socially. Love to see it
Excellent interview
2:48 - - um . . . how does he think electricity is made?
A: Its made from either (1) burning fossil fuels, natural gas +/or coal (80-85%),
(2) hydro-power (7-8%), (3) nuclear (7-8%), (4) wind (2-4%), (5) solar (2-4%)
Absolutely stellar conversation ! Thanks, Tawan D 🎉❤
I know I’m around my own. When they say Black history MonF! 😂
Salute…🫡
Informative thanks
I am a small business owner born and bred in Richmond va how can I partner in the vuu project
Thank you for your service through amazing conversation!!
Amazing conversation. Will look for more like this!
Well done Sir Jabari❤
Great job this was awesome
Thank for this video. Being in education of the black person, we have always been able to get in but the topic of when you get a million dollar property, are you doing what it takes to increase its value without believing it will take care of itself and won't deteriorate. If you purchase something at its peak value, you have to maintain its upkeep until the cycle repeats. Even the renters don't value the property. When more people who think like they do move in, they have the nerve to want to move but not all renters are this way. Generational wealth comes from taking care of not getting!!!
Thank you from Florida A&M University
Well said
Provide housing we can afford‼️That's the goal / intention 👍🏽👍🏽
Good interview
Thank you thank you first seeing a black personnel talking about global market, economic growth in a fashionable and intellectual manner. 🎉🎉
Hello my dear friend! thank you for the cool video! keep filming! I'll wait for new videos
TD sounds like he came from preaching a fire sermon LOL Give that man some water! 🚰 LOL
Great interview! More of these guests/topics please! Kudos
🔥🔥🔥
Loved this dialogue! LETS GOOOOO
Private capital solutions . Economic development for comprehensive infrastructures are essential.
How many times does the description writer repeat the word deep?
I appreciate my algorithm for sending me to you all. Inspirational to see and hear this conversation on Forbes .. now I don't feel "crazy" any more !
Partnership ✔
You might not understand what they are saying, they are saying, you will own nothing, have no privacy, and be happy.
I want in.
these dudes are bosses and i aspire to be like them
Top of the morning. Thank you for acknowledging Earl Graves Senior. Butch his son continues the legacy. FORBES creates a platform for creating successful Busineses. BLACK. WALL STREET creates trillion dollar markets. .
We cannot do it alone. Partnering sponsorships with grassroots. Empowerment is essential .
Very well-spoken
Now why didn’t y’all provide Brother Tawan a bottle of water??? Y’all bogus for that Forbes. 🤦🏾♀️
At 1st i thought that was Jamal Bryant
What about a steering wheel that expands and contracts in your hands in rythym with the way you are driving
Yayyyy VUU!
ESGs are how BlackRock etc want to control even more.
Earl Graves, good choice.
ESG investing, no matter what you call it, it won’t work!
you're right about 'esg'. But investing in black people specifically literally laid the foundation for the creation of what's now the greatest superpower country on earth! America, must continue, investing in black American people - but give these families the investment returns they're owed (opposed to forcing the returns to be given to white American families).
😃🤓😎
Sounds like this will just make HBCU tuition costs skyrocket up. Part of why they cost less then other universities is because they haven’t been renovated and lack funding. Sounds oddly similar to the same gentrification he criticized in this video. I would love to here his take on this
Lmao the hbcu i applied to was my most expensive option . Not true
@@jreamscape then either you got a low GPA, got scammed, you didn’t do research or all of them
Happy black history month yall ❤
#impact
How do your deal for big life changes, finding a new jobs ?
Hey brother if you’re looking for a home in Plano I can help you.
IMPACTFUL.
Don't be so focused on him that you miss the problem he is talking about.
Impact investing is your new landlord. There is nothing here to help first-time home buyers
African history month 🎉🎉🎉🎉🎉
Capital always solves the problems
Just paid off my 10 acre home 🎉 now I'm looking for a rental property, know any great property managers? 🤠
💖💛💚🌍🏫
💪🏿
🙏🏿💡
This was very insightful 🫡
New black Wall Street market in stonecrest ga. We’re working on impact solutions 24/7. Pull-up or reach out if this isn’t cap 🤔 125,000 sq ft all black mostly women market of independent vendors and a team that works on facilitating and managing every day.
🎉🎉
🤔
BUY BITCOIN, ECOMI, VEVE NFTS!! Impact Investing
It’s definitely a market to short
Life's been a big bummer
С небес упадет
Why is everything about black Investment be about "impacting the community" or some social justice b*llsh*t. What happened to bringing in the best return on investment? I'm sick and tired of every black businessman talking about "community" and "making an impact". What I want to hear: We make the best food, clothes, goods or services. Period
BS
When blackrock does it, y’all don’t say BS. We know what that is about
He black