cityliving Posted December 18, 2022 Share Posted December 18, 2022 Hope this project gets built and that land doesn’t sit empty growing weeds Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted December 18, 2022 Share Posted December 18, 2022 I see David Robinson's name attached to the property, per news report. We know about his NBA career, but what's his experience in real-estate? Quote Link to comment Share on other sites More sharing options...
hindesky Posted December 18, 2022 Share Posted December 18, 2022 In 2008, Robinson partnered with Daniel Bassichis, formerly of Goldman Sachs and a board member of The Carver Academy, to form Admiral Capital Group.[49] Admiral Capital Group is a private equity firm whose mission is to invest in opportunities that can provide both financial and social returns. Robinson's primary motivation in starting Admiral Capital was to create a source of additional financial support for The Carver Academy. Its portfolio is worth more than $100 million and includes nine upscale hotels and office buildings across the U.S. as well as Centerplate, one of the largest hospitality companies in the world. Admiral Capital Group also partnered with Living Cities to form the Admiral Center, a non-profit created to support other athletes and entertainers with their philanthropic initiatives. Robinson is also co-owner of a Jaguar Land Rover Dealership in San Juan, Texas.[50][51] https://en.wikipedia.org/wiki/David_Robinson Quote Link to comment Share on other sites More sharing options...
hindesky Posted December 18, 2022 Share Posted December 18, 2022 "Admiral Capital Group, a real estate and private equity investment management firm founded in 2008 by Dan Bassichis and NBA Hall of Fame player and philanthropist, David Robinson, today announced plans to rebrand as Vero Capital. The investment platform, including the team and funds, will be managed by Vero Capital, led by Managing Partner Dan Bassichis. Through their Admiral partnership, Bassichis and Robinson will continue to collaborate on non-profit work and mentoring current and retired professional athletes on investing and philanthropy. Since the firm’s inception, Vero and Admiral have deployed more than $700 million of capital in transactions valued at more than $3 billion." https://www.businesswire.com/news/home/20221129005804/en/Admiral-Capital-Group-Rebrands-as-Vero-Capital-to-Mark-Firm’s-Growth 5 Quote Link to comment Share on other sites More sharing options...
toxtethogrady Posted December 18, 2022 Share Posted December 18, 2022 That explains a couple of recent names on the Houston real estate horizon. Quote Link to comment Share on other sites More sharing options...
Popular Post cityliving Posted December 31, 2022 Popular Post Share Posted December 31, 2022 19 Quote Link to comment Share on other sites More sharing options...
Popular Post hindesky Posted January 7, 2023 Popular Post Share Posted January 7, 2023 (edited) The Eco Services worker I talked with at the Prose Oliver project said he called the site supervisor of the US Living/Vero Sade project to see when they plan to break ground, he was told 1st Q '23. He is in charge of overseeing contractor compliance on storm water pollution prevention at the site. Edited January 8, 2023 by hindesky 13 1 Quote Link to comment Share on other sites More sharing options...
houstontexasjack Posted August 17, 2023 Share Posted August 17, 2023 Looks like Us Living got some sort of prelim financing for this site. Note amount is not enough for vertical construction, but might be related to site work: 9 Quote Link to comment Share on other sites More sharing options...
cityliving Posted August 17, 2023 Share Posted August 17, 2023 (edited) Glad to see this, the lot is full of weeds, hope something gets built there. Edited August 17, 2023 by cityliving Quote Link to comment Share on other sites More sharing options...
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