Akon’s Real-Life Wakanda in Senegal is Worth $6 Billion

Award-winning R&B singer Akon is moving forward with his plans to build a futuristic city worth $6 billion dollars in Senegal that he says will be a real-life version of Wakanda. Development will officially begin in 2021, and it will be called Akon City.

Black-Owned Tech Firm Partners With Real Estate Developer to Give Tenants Virtual Tours of Commercial Spaces

JBG Smith (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, is working with Zak Kidd, founder of OfficeTour, a DC-based Black-owned tech company, to launch a new web application that allows JBG Smith leasing professionals to virtually and interactively guide prospective tenants and their brokers through commercial spaces.

Meet the Black Woman Real Estate Investor Who Has Developed More Than $7M of Property

Serial entrepreneur, real estate developer, coach, and mentor, Melissa Wyatt, has spent decades honing her skills through multiple startups and has not stopped innovating despite COVID-19. She is the powerhouse behind MW Enterprises, LLC, a Black-owned privately managed and diversified real estate company that has developed more than $7 million in properties and is focused on building generational wealth for the next generation, uplifting women and people of color in real estate, and making transformation changes in the communities in which she invests.

Group of Black Entrepreneurs Plan to Purchase 8 City Blocks in St. Louis

A group of Black entrepreneurs from an organization called Black Wall Street STL is planning to build a business district in North St. Louis, Missouri. They have already applied to the city's Land Reutilization Authority (LRA) to purchase over 8 city blocks equivalent to 283 lots in the area for Black-owned businesses to thrive.

Woman Entrepreneur Investing $1M to Buy Up Properties in Southside Atlanta

Serial entrepreneur, Valaurie Bridges Lee, has joined a host of other Black business owners that are investing in the development of Atlanta’s south side. In particular, she is bringing new life to Main Street in historic College Park. In fact, she has already purchased a series of adjacent properties with plans to make it a premier destination for unmatched service and unforgettable experiences.

Investors Buying Entire Blocks in Houston to Revitalize and Bring in Black-Owned Businesses

Real estate developer Chris Senegal and broker Jay Bradley are teaming up to buy several blocks to renovate and revitalize in Houston. Together with Cocoa Collective Xchange, they are helping bring back Black-owned businesses into the Fifth Ward community through a Buying the Block campaign.

Meet the Women Raising Funds to Build a Black-Owned Resort Style Community in Georgia

Meet Shandrena Hadjamara and Marlena Barnett, two African American real estate developers and investors, who are raising capital to build the first Black-owned resort-style community in Summerville, Georgia. Their real estate project will be eco-friendly and will use solar energy as a primary source of power to preserve the environment.

Father and Son Open New Hardware Store Franchise in Their Neighborhood

Warren Pegram and his stepson, Charlston Austin, have opened an Ace Hardware franchise in their neighborhood in the city of South Fulton, Georgia. It is one of the first hardware stores in their community.

Meet the Black Woman Entrepreneur Whose Dad Trained Her to Be a Carpenter

Adzigbli "Nana" Ama Comfort, a furniture architect and designer from Ghana, has become famous for her skills and creativity in the field of carpentry - a male dominated industry. Her dad trained her before he died, and now she is the CEO and founder of Namas Decor GH - one of the fastest growing furniture design shops in the world!

Woman Becomes First African American Owner of a Berkshire Hathaway Real Estate Franchise

Talented real estate leader and entrepreneur, Tiffany Curry, has officially acquired a Berkshire Hathaway HomeServices real estate franchise - making her the first African American ever to have 100% ownership in a franchise of this particular Warren Buffet affiliated company.

Entrepreneur Launches Real Estate Course Teaching Beginners How to Earn 6 or 7 Figures

A career in real estate can be exciting and tremendously profitable. However, in times of recession, it can often lead to severe hardships for realtors. Meet Danielle Pierce, the real estate titan who is using her superpower to help business owners get started in the real estate industry and create recession proof, profitable six figure businesses without selling anything, building a team, or stressing over unreasonable buyers and sellers.

Investors Spend $1.3M to Re-Develop Apartment Complex in High Crime Neighborhood

When Michael Merideth and Andre Lewis of VPG Enterprise received the call 30 days before they were set to buy what is now the Banks Apartments in New Orleans, LA, they still had time to pull out. It was the worst news that they could have imagined as the story was breaking about a double murder inside of the property they were about to close on. “It would have been easy to walk away at that time,” recalls Michael. "However, we had previous experience of knowing how our systems could be used to turn around these type of properties and the effects that they could have on the community for the positive."

Formerly Homeless, This CEO of Her Own Real Estate Firm is Now Building a $14M Affordable Housing Project

Terrica Smith, now the founder and CEO of Cachet Real Estate and Salt Capital Equity Group, used to dream of having her own home when she was homeless and living on the streets years ago. Now, she is making other homeless families' dreams come true as she heads the Madeline Cove project, a housing development that would offer affordable homes in the community.

This Father-and-Son Black-Owned Firm Has Closed $1 Billion in Real Estate Deals Since 2015

National Standard Abstract, a title-insurance firm based in New York City, is one of the very few Black-owned business enterprises in the area. The company's CEO, Osei Rubie, and his son, Nadir, equipped with a decade of experience in the title insurance industry and entrepreneurial knowledge from their other family-owned businesses, have led the company to more than $1 billion in real estate deals since 2015.

Black-Owned Construction Firm Wins Contract to Renovate Chicago Airport

Bowa Construction, a Black-owned construction firm based in Chicago, has been selected as the primary contractor to construct a new police department facility with more training and office space inside Chicago's O'Hare International Airport. The company is the first minority-owned contractor in the state of Illinois to be awarded such a contract in the state's most populated city.

Investors Buy Old Hotel and Convert It into 139 Mini-Apartments for the Homeless

The Colorado Coalition for the Homeless (CCH), a non-profit organization in Denver, recently decided to make an investment and purchase an $8.4 million former hotel in hopes to help alleviate homelessness in the area. The newly-renovated building, now called Fusion Studios, has since become a building with 139 mini-apartments for the homeless.

Meet the CEO Who Just Opened Her 4th Real Estate Company Within 6 Years

Tamairo Moutry, a very successful real estate broker, is celebrating the launch of her fourth real estate company. She now has real estate companies in four different states - Wisconsin, Georgia, Florida, and Illinois. She operates all of her businesses virtually, has close to 25 realtors working on her team, and has recently beefed up her recruiting efforts for all four companies.

This Black-Owned Construction Firm Went From Broke to Billion Dollar Contracts

In 1988, C. David Moody, Jr. established C.D. Moody Construction Company, now one of the largest Black-owned construction companies in the US. But he didn't reach the top easily; He built the company from scratch while trying to raise a family, struggling to make ends meet, and even being buried in debt.

3 Friends Launched a Real Estate Firm and Have Already Closed Almost $100M in Deals

Three African American entrepreneurs -- Harrison Beacher, Ryan Butler, and Keith James -- have all had their success as individuals. But when they decided to merge together to form their Washington, DC-based real estate firm suitably called Coalition Properties Group (CPG), the sky has been their limit. In fact, they have yet to reach their first year together as business partners and they're already on track to reach $100 million in sales!

Shaquille O'Neal Opens $80 Million Luxury Apartment Building in Newark

4-time NBA champion Shaquille O'Neal has just opened a luxury apartment building in Newark, New Jersey worth $80 million. In partnership with Boraie Development, the tower is complete with 22 floors, 168 units, a gym, an amenities room, a skydeck with a rooftop cabanas, and amazing skyline views of both Jersey City and New York City.