Real Estate Archives | SHOPPE BLACK

This Black Real Estate Developer is Launching a $500 Million fund for Minority Developers

Published on June 29, 2019 in All Posts/Black Money by ShoppeBlack

Roy Donahue “Don” Peebles is the Founder, Chairman and Chief Executive Officer of the Peebles Corporation, the largest Black 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. He recently announced that his firm will be launching a $500 million investment…

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Queen Latifah is Investing in a $14 Million Real Estate Project in NJ

Published on February 22, 2019 in All Posts/Black Money by ShoppeBlack

Hip-hop icon Queen Latifah is returning to her hometown of Newark to invest in a cluster of multi-family town homes along Springfield Avenue and South 17th Street. The $14 million project is expected to break ground in the summer. Latifah, a co-president of BlueSugar Corporation, is working with GonSosa Development on the project, which is…

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Leslie Anderson, CEO of the NJ Redevelopment Authority

Published on February 19, 2019 in All Posts/Professional Spotlight by ShoppeBlack

Leslie Anderson is President & CEO of the New Jersey Redevelopment Authority (NJRA), a multi-million dollar independent financing institution created by the state of NJ to transform economically distressed urban communities. She is reportedly the only Black woman in the country that is leading an independent public financing institution. Under her leadership, NJRA has used its…

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Meet The Lady Who Built Her Own 51 Home Community

Published on January 28, 2019 in All Posts/Black Money by ShoppeBlack

Pam Brown Courtney is a real estate developer/investor and educator. She’s also the only person I know of that has built a 51 home subdivision from scratch. Obviously, we had to know more about this amazing woman. How did you get started in Real Estate? A friend of mine’s mother was a real estate investor…

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Tyler Perry Just Sold His Former Studio Lot For $18.5 Million

Published on January 3, 2019 in All Posts/Black Money by ShoppeBlack

In 2007 Tyler Perry purchased his first studio lot. A year ago, the property was put for sale (for $25 million), so that the company could move to a larger studio on the grounds of an old abandoned Army base (Fort McPherson) located just outside Atlanta. The studio reportedly sold for $18.5 million and closed…

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This Family Owned Business Closed over $500 Million in Real Estate deals this year

Published on December 20, 2018 in All Posts/Black Money by ShoppeBlack

National Standard Abstract (NSA) is a family owned title insurance company located in Floral Park, NY. This year they have closed more than $500 million in commercial real estate transactions. In June, NSA closed a total of $432 million in faith-based and affordable-housing development transactions. The non-faith-based deals include the $189 million Archer Green in Jamaica,…

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Featured Professional: Realtor, Eze Okwodu

Published on December 5, 2018 in All Posts/Professional Spotlight by ShoppeBlack

As important as it is to recognize business owners and entrepreneurs, it is just as important to recognize the professionals and service providers who are excelling in their different fields of practice. Eze Okwodu is one such professional. Eze is a Realtor at Exit Flagship, serving the Washington D.C. Metro Area. With over fifteen years of experience as…

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$500 Million Black Woman Owned Investment Firm is Rebuilding D.C. with Foreign Dollars

Published on September 30, 2018 in All Posts/Black Money by ShoppeBlack

When Angelique Brunner moved to the nation’s capital two decades ago, she was shocked to find neighborhoods with no stores, no services, and burned-out buildings. Black woman owned investment firm “I started asking around about what is going on here, people told me it was the riots,” she tells Fast Company. “I said, ‘Oh, what riots?’…

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Shaq Partners With Black Owned Real Estate Development Firm to Build $79M Apartment Tower in N.J.

Published on April 11, 2018 in All Posts/Black Money by ShoppeBlack

Shaquille O’Neal is partnering with a Black owned real estate development firm to build a 22-story apartment complex that will hover over the city’s downtown as its first high-rise in more than 50 years. “I remember when I was growing up (the city) used to be beautiful like this so the older I get, I want it to be a…

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Kofi Nartey Discusses How He Sells Million Dollar Homes to High Net Worth and Celeb Clients

Published on March 20, 2018 in All Posts/Professional Spotlight by ShoppeBlack

Kofi Nartey has over fourteen years of professional experience in luxury real estate and has sold millions of dollars worth of real estate. The former athlete and actor is currently the Celebrity and Luxury Homes Specialist and the National Director of the Compass Sports & Entertainment Division. We caught up with Kofi to find out…

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