From the beginning of recorded time, real estate or land and property ownership has been responsible for the creation of many fortunes. Here are some Black real estate business owners and professionals who are at the top of their game.
Black Real Estate Business Owners & Professionals
Roy Donahue “Don” Peebles (Washington D.C.) is a real estate entrepreneur, author and political activist. Peebles is the Founder, Chairman and Chief Executive Officer of the Peebles Corporation, the largest African American-owned real estate development and ownership company in the US, with a multibillion-dollar development portfolio of luxury hotels, high-rise residential and commercial properties in New York City, Washington, D.C. Philadelphia, Las Vegas, San Francisco, Miami Beach, and other states.
G. Lamont Blackstone (Mount Vernon, NY) is the principal of G. L. Blackstone & Associates LLC, a commercial real estate consulting firm specializing in urban markets. Prior to launching his consulting practice, Lamont was Chief Investment Officer of The Retail Initiative, Inc. (“TRI”), the nation’s first commercial real estate equity fund to target inner-city retail development opportunities.
Lisa Phillips (Arlington, VA) is the founder of Affordable Real Estate Investments. She is also a real estate investor who is passionate about teaching others how to “cash in on working class neighborhoods for higher profits.”
Scottie Smith (Houston, TX) is the Managing Broker at Scottie Smith II & Associates. Mr. Smith specializes in sales, investments, property analysis and valuation of multifamily and single family properties in Texas. He has been recognized nationally and locally as an exceptional leader in real estate. Mr. Smith was awarded one of the Top Honors by the National Association of Realtor as one of the 2016 Top 30 young Real Estate Brokers Under 30. 2015 Company Sales Volume: $13.4 million
Harrison Beacher (Washington, D.C) has dealt with and successfully helped close every kind of deal from multi-million dollar sales, to foreclosures, short sales, co-ops ,estate sales, first time buyers, Down payment assistance program deals, investors, rentals, and everything in between. Mr. Beacher was awarded one of the Top Honors by the National Association of Realtor as one of the 2016 Top 30 young Real Estate Brokers Under 30 – 2014 Individual Sales Volume: $9.4 million
Adenah Bayoh ( Irvington, NJ) is the founder and CEO of Adenah Bayoh and Companies, which is the parent corporation that owns IHOP franchises in Newark, Paterson, and Irvington, New Jersey and a real estate development portfolio with over $250 million dollars in urban redevelopment projects.
Quintin E. Primo III (Chicago, IL) is the co founder and CEO of Capri Capital Partners, a real estate investment firm specializing in mezzanine investments in real estate private and publicly held companies. Since establishing Capri in 1992, he has overseen the firm’s origination of approximately $10 billion in real estate equity, debt and structured finance transactions. Mr. Primo has more than 30 years of real estate investment experience.
Daniel D. Thomas (Bridgeport, CT) is one of the most well-known and respected Real-Estate Brokers in Fairfield County, CT. Since starting his career at the age of 19, he has climbed the ranks to become a Top Producing Realtor in his area with millions of dollars in closed transactions. By the age of 23 he became one of the youngest Real-Estate Brokers in the country to open his own Firm Daniel D. Thomas Real-Estate .
Jane Bond (Miami, FL) principal of The Bond Group, works with entrepreneurs, career professionals and individuals in the high net worth community generally. Her clients include celebrities, entertainers, professional athletes as well as many Wall Street finance executives.
Kenneth H. Fearn (Los Angeles, CA) is Founder and Managing Partner of Integrated Capital LLC, a leading hotel-focused, private real estate advisory and investment firm. Mr. Fearn was Managing Director and Chief Financial Officer of Maritz, Wolff & Co., a firm that managed funds totaling $500 million. Through this affiliation, Mr. Fearn was directly involved in more than $1 billion of hospitality acquisitions, including such renowned properties as the Four Seasons Aviara in San Diego, the Four Seasons Biltmore in Santa Barbara and The Carlyle in New York.
mTkalla (pronounced T’kalla) Keaton (New York, NY) has over twenty-five years of experience managing properties in Brownstone Brooklyn. He understands the intricacies of the New York real estate experience. A former member of Corcoran’s Multi- Million Dollar Club, his team has closed over $100 million in sales.
Jay Morrison (Atlanta, GA) is a real estate investor, realtor, TV personality, entrepreneur, social activist and the CEO and founder of the Jay Morrison Academy, an online real estate school and mentorship program that teaches how to achieve wealth and security through financial literacy and property ownership. He is also the founder of the Tulsa Real Estate Fund. A $50 million dollar Regulation A real estate crowdfund that finances urban redevelopment around the world, but primarily in the United States.
Egypt Sherrod (Atlanta, GA) is an award winning Realtor ® and CEO of The Egypt Sherrod Real Estate Group. Egypt’s daily business activities include counseling modest first-time home buyers to quarterbacking the listing/marketing of homes owned by corporate leaders, celebrities, physicians and investors throughout Atlanta. Egypt Sherrod has been named “America’s most beloved real estate agent” as host of HGTV’s top-rated show, Property Virgins.
Brendan Wright (Atlanta,GA) is a realtor with Atlanta Fine Homes Sotheby’s International Realty and a Certified Negotiation Expert. In 2013, Brendan was recognized as Atlanta Fine Homes Sotheby’s International Realty’s youngest Multi-Million Dollar Sales Club member. In 2016, Brendan was awarded one of the Top Honors by the National Association of Realtor as one of the Top 30 young Real Estate Brokers Under 30. 2015 Individual Sales Volume: $9.5 million
Christian Ross (Atlanta, GA) has been in real estate for over 10 years, she has been featured on HGTV, honored as a “Bold Woman of Buckhead” in Simply Buckhead magazine and a leader in the industry as a past President of the Women’s Council of Realtors’ Atlanta Chapter: the youngest in the organization’s 56 year history.
Michael Russell (Atlanta, GA) is the CEO of H.J. Russell & Company, a vertically integrated service provider specializing in real estate development, construction, program management, and property management. Michael was promoted to Chief Executive Officer in October 2003 succeeding his father, Herman Russell, who founded the company in 1952 and led it for 50 years.
Broker Associate, Kofi Nartey, (Beverly Hills, CA) is the National Director of the Compass Sports & Entertainment Division. He is also a Certified Luxury Homes Marketing Specialist. Kofi has been a correspondent on celebrity and luxury real estate for over 100 national television and print media outlets including the WSJ, LA Times, Chicago Tribune, CBS, CNBC, NBC Sports Bloomberg and more.
Victor MacFarlane (San Francisco, CA) is chairman and chief executive officer of MacFarlane Partners, which he founded in 1987 to provide real estate investment management services to institutional investors. He has primary responsibility for the firm’s investment management activities, chairs its investment committee and serves on its senior management committee.
Kenneth Bacon (Bethesda, MD) is Co-founder and Managing Partner of RailField Partners. Prior to forming RailField, Ken spent 19 years at Fannie Mae, most recently as the Executive Vice President and Head of the Multifamily Business. During his tenure, Ken grew the portfolio from $56 billion to over $195 billion in assets, consisting of multifamily mortgages, conventional equity, tax credits and mezzanine debt. Collectively, his team has invested in, underwritten and managed over $200 billion in multifamily assets throughout the U.S.
Patrick Terborg (Maplewood, NJ) is the Founder of and Managing Member at TD+Partners, LLC. He has has over 10 years of experience in development and over 15 years of financial management experience. As a developer, Patrick has successfully sought and obtained approvals in urban areas within the last three years for over one million square feet of development, representing approximately 400M in projected completed project value.
Sundra Ryce (Buffalo, NY) is the President and CEO of SLR Contracting & Service Company, Inc. SLRoffers commercial general construction, construction management, and design-build services for new construction and renovation projects, schools, nuclear facilities, and government projects.