This Black-Owned Private Equity Firm Raised $11 Million. Now It’s Betting On Luxury Vacation Homes

Calvin Butts, the co-managing partner of East Chop Capital, joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the private equity firm’s $11 million real estate fund, and reveals where opportunities exist in the sector.Subscribe to FORBES: https://www.youtube.com/user/F....orbes?sub_confirmati your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript0:00 Introduction0:41 What Stock Investing Advice Has Paid Off For Calvin Butts?3:50 What Is East Chop Capital's Focus: Luxury Homes Or Apartments6:23 The State Of Rental Properties In US10:39 How East Chop Capital Is Creating Jobs20:32 What Was The Process Like With Starting East Chop Capital?26:46 What Has Changed For Calvin And East Chop Capital With Success?32:15 How Do Capital Opportunities For Black And Brown Communities Come About?Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
miytube