young-black-hotel-owner-launches-real-estate-investing-platform-to-help-aspiring-owners

Young Black Hotel Owner Launches Real Estate Investing Platform To Help Aspiring Owners

As a little Black girl growing up in the South, Davonne Reaves never imagined one day that she’d own a hotel. Let alone that she’d eventually become co-owner of multiple hotels before the age of 40.Once that dream became a reality, first in 2020, when Reaves and her former college roommate became the youngest African American women to ever co-own a property in a major hotel chain and then later when she acquired two more hotels as part of the Indiana-based Nassau Investment Group, the longtime hospitality-industry-worker-turned-real-estate-investor found herself yearning to help others get into the commercial real estate game too.

“It’s truly an amazing experience and opportunity, but for decades, it’s been out of reach and limited mostly to those who are extremely wealthy or already experienced in the field,” says Reaves, 36, an Atlanta-based award-winning hotel consultant and asset manager who now boasts an investment portfolio that includes co-ownership of hotels and residential real estate properties totalling $30 million. ”I knew in my heart that I had to do my part to help connect others to these types of lucrative investment opportunities. Tapping into this industry has changed my financial future and transformed my life!”

How to accomplish that goal eluded her, until finally a big “ah-ha moment” came in 2021 to create a platform of her own to help others leverage their financial resources; no matter how much or little they had to invest. Federal regulations requiring investors to raise more money to support their endeavors came the same year.

The result is Vesterr, Reaves’ newly-launched crowdfunding platform that allows accredited and non-accredited investors to join in on commercial real estate securities opportunities, starting with as little as $5,000.

“Think of ‘GoFundMe,’ but for commercial real estate investing,” says Reaves. “We’re the first Black-owned, first woman-owned crowd-funding platform for commercial real estate to include hotels in the country and this is just the beginning! The Vesterr platform connects investors with owners to raise capital.”

Reaves says her mission is simple; help others grow their real estate portfolio by giving them access to the funds they need while providing investors with opportunities to invest in securities. Much like traditional crowd-funding platforms, those who sign up for Vesterr may peruse the site in search of investment deals in commercial real estate, including hotels, multi-family, retail space and more, that fit their unique investment needs. A minimum investment amount is listed up front and interested parties must meet a set deadline to contribute to the campaign. Vesterr investors also get to decide between investment projects that are more “hands on” or “hands off.”

“This platform is really about creating opportunities for all, but I also want it to provide a space for those who have not traditionally felt welcome or included in this industry, such as women, people of color, young people and so on,” explains Reaves. “You can start with the minimum investment and build up from there. Gone are the days where you had to have tens of thousands of dollars just to get into the game. This is a game-changer!”

Client Amina James agrees. She served as general partner for a recent deal, funding a Holiday Inn in Lake Charles, LA. on the Vesterr platform. “We met our fundraising goal and it was a successful raise,” gushes James, 38, of Washington DC. “I give so much credit to Vesterr. It is so easy for investors to ask questions using the Q&A feature on the site. When you put a deal on Vesterr you get great exposure and marketing support too.”

James says a broad network of accredited investors, amazing customer service, easy onboarding compared to other platforms and option to use several different investment methods – not just cash – all make Vesterr an excellent choice. The “Black girl magic part,” she says, is a bonus. “I love that Vesterr is Black woman-owned too!”

Reaves says success stories like James’ continue to inspire her: ”Whether you’re an owner or developer or an experienced investor, Vesterr can assist to make it attainable for you to get funding and add commercial real estate assets to your portfolio. You can have your part of the American dream!”

Reaves is available to share her inspirational story and details of her passionate advocacy work focused on education and economic empowerment across all media platforms. To arrange an interview, please contact June at Media@TheVonneGroup.com or call 404-946-3317.

About Vesterr
Vesterr is an innovative investment platform that provides access to commercial real estate securities including hotels, multi-family, retail for both retail investors (accredited and non accredited investors). For more information, visit Vesterr.com

black-teacher-retires-from-school-after-30-years-and-opens-a-local-bar-and-lounge-in-her-city

Black Teacher Retires From School After 30 Years And Opens A Local Bar And Lounge In Her City

LoLecia Day, a 53-year-old former public school teacher, is pursuing her dream of running a bar with the opening of Day Drink Lounge, a Black-owned craft cocktail bar & lounge located in Duncanville, Texas. She has truly taken an exciting leap after retiring from her career of 30 years.

LoLecia’s decision to start her own business in the bar industry began with a desire to prioritize herself after years of putting others first.

“I realized that all of my life I’ve made myself available to other people. This time I wanted to show up for myself. Do something just for me,” she told D Magazine.

Despite having no prior experience in bartending or running a restaurant, she dove headfirst into her dream. She ran the lounge alongside her teaching career for over a year until she retired from education in April 2024, to focus full-time on her passion project.

LoLecia says she drew inspiration from her entrepreneurial background. Previously, she successfully ran a plus-sized lingerie boutique in Paris, Texas, catering to a niche market. She was also influenced by her parents, who instilled in her a drive to create and innovate.

Seeing a need in Duncanville for a sophisticated nightlife option closer to home, she opened Day Drink Lounge. Unlike traditional bars, Day Drink Lounge offers a cozy and inclusive atmosphere. It features distinctive cocktails, small plates, and live music, making it a favorite spot for locals.

Moreover, her decision to open Day Drink Lounge coincided with a resurgence in the bar industry post-pandemic. While bars faced challenges during lockdowns, there’s been renewed interest in cocktails and socializing.

Her commitment to the community extends beyond her lounge. Recently appointed as the Assistant Director of Economic Development for Duncanville, she continues to invest in her city’s growth and prosperity. Through her journey, LoLecia hopes to inspire others to pursue their dreams actively and fearlessly.

“The mistake a lot of people make is dreaming about what they want to do with their lives,” she said. “I believe in putting action behind my goals. I manifested the life I wanted, and I hope other people are inspired and know that they can too.”

Learn more about the business via its official website at DrinkDFW.com and follow the brand on Instagram @DayDrinkDFW

Also, you can support the business by visiting its location at 215 W. Camp Wisdom Road, Suite 5, Duncanville, TX 75116.

black-twin-dentists-make-history,-open-three-dental-practices-in-their-hometown-of-charlotte

Black Twin Dentists Make History, Open Three Dental Practices In Their Hometown Of Charlotte

Meet Drs. Lindsay Salone and Lauren Lockhart, identical African American twin sisters from Charlotte, North Carolina. Known online as “The Twintists,” these sisters are the founders of Dual Image Dentistry and Orthodontics, which owns and operates three dental and orthodontic practices in their city.

Their clinics reflect their close bond as twins and the comprehensive care they offer. Dr. Lindsay is a dentist, while Dr. Lauren specializes in orthodontics.

“Our patients say they feel right at home, we make people feel as though we’ve known them forever,” Dr. Lindsay said, according to Because of Them We Can. “We make it an anxiety-free environment, just the way we talk to them and reassure our patients that they’re in good hands.”

“We always say, ‘Let our family treat your family, and we will treat you as family,'” added Dr. Lauren.

Family ties run deep for these dentists, with a physician father, a nurse mother, and even an older sister who is a dental hygienist. Both are also married to doctors — a physical therapist and an orthodontist who is also a partner at Dual Image.

These sisters are making waves not only for their expertise but also for their positive representation of women of color in dentistry. Through their viral social media platforms, they offer insider tips and spread positivity to bring smiles to many.

Despite their busy careers, the twins are also super moms, juggling their careers with raising three kids each. They also share glimpses of their family life and even musical talents on social media. They so far have amassed amassed a following of over 30,000.

“We’ve always been children who thought about what our future was going to look like,” the twins posted on their Instagram page. “What you pour into your child now can help mold them into a successful adult.”

black-couple-launch-fastest-growing-education-platform-teaching-financial-literacy-and-real-estate

Black Couple Launch Fastest-Growing Education Platform Teaching Financial Literacy And Real Estate

Meet J. Whit and his wife, Joy, the founders of Ask Whit, a groundbreaking Black-owned education platform that is dedicated to providing essential resources and knowledge to empower African Americans in personal credit, business credit, and real estate. Based in Charlotte, North Carolina, this entrepreneurial couple is very passionate about financial empowerment, and they built their platform to help bridge the gap in financial literacy and economic empowerment.

The launch of Ask Whit will unfold in three phases, each focusing on a crucial aspect of financial empowerment:

1. Personal Credit – This phase will cover topics such as debt settlement and credit repair, providing individuals with the tools and knowledge needed to improve their credit scores and financial health.

2. Business Credit – The second phase will focus on building business credit, which is essential for entrepreneurs and business owners looking to establish and grow their ventures.

3. Real Estate – The final phase will delve into homeownership and real estate investing, offering insights and strategies for building wealth through property ownership.

Ask Whit offers a comprehensive range of resources, including ebooks, workbooks, and courses, designed to educate and equip individuals with the tools needed to navigate the complexities of credit and real estate. From understanding credit scores to building a successful real estate portfolio, Ask Whit provides practical and actionable advice tailored to the needs of the Black community.

One of the key features of Ask Whit is its vibrant and supportive community, Whit’s Wisdom, where members can engage in discussions, share insights, and support each other on their journey to financial freedom. This community-driven approach fosters a sense of belonging and empowerment, creating a space where individuals can learn and grow together.

“We believe that financial literacy is the key to unlocking economic empowerment,” said the founders of Ask Whit. “Our mission is to provide the black community with the knowledge and resources needed to take control of their financial future and build a legacy of wealth and prosperity.”

As a Black-owned business, Ask Whit is committed to uplifting and empowering the black community. By focusing on financial education and empowerment, the platform aims to create a brighter future for generations to come.

For more information, visit AskWhit.com and join the movement towards financial freedom with Ask Whit.

For press inquiries or media interviews, contact 704-248-7534 or Whit@AskWhit.com

black-founder-launches-new-line-of-military-caps-with-silk-liners-in-retail-stores-nationwide

Black Founder Launches New Line Of Military Caps With Silk Liners In Retail Stores Nationwide

Meet Natasha Hinds, a retired U.S. Army veteran who is also the founder and CEO of Keep Your Hair Headgear, a pioneering Black-owned brand dedicated to promoting hair and scalp health. proudly announces the availability of its revolutionary silk military cap liners in physical military retail store locations across the nation. The brand aims to provide quality headwear solutions that promote healthy hair and protect sensitive skin.

With 65 percent of the U.S. population having curly hair, Keep Your Hair Headgear, LLC recognizes the unique needs of military personnel with textured hair. Traditional headwear materials like wool, cotton, and nylon can lead to breakage and damage. Natasha, with her firsthand experience and understanding of the challenges faced by service members, established her brand to address this issue.

“Our unique mission is to protect your precious hair from breakage realized from wearing moisture-absorbing wool, cotton, and nylon headwear,” says Natasha. “We offer revolutionary quality satin and silk-lined headwear products that are friendly to the hair and scalp, promoting healthy and long-lasting hairstyles.”

The launch of silk military cap liners in 156 National and Overseas Exchange Retail Stores, as well as 10 National Navy Exchange Retail Stores, marks a significant milestone for Keep Your Hair Headgear, LLC. This initiative not only introduces innovative solutions for military personnel but also underscores the company’s commitment to championing diversity, inclusion, and care for the hair and skin health of service women and men.

“Our range of silk liners and satin-lined headgear is designed to help individuals maintain the health and beauty of their hair while providing protection for the sensitive skin of cancer patients,” adds Natasha.

Beyond offering high-quality products, Keep Your Hair Headgear, LLC is dedicated to supporting the veteran community. By choosing their liners, military personnel also contribute to the company’s commitment to donate 10% of profits to veteran-owned non-profit organizations.

For more details, visit the official website at KeepYourHairHeadgear.com

About:
Keep Your Hair Headgear, LLC is a certified Small Minority, Woman, and Service-Disabled Veteran Owned Small Business. Founder Natasha Hinds is a Saint Paul’s College graduate and proud member of Zeta Phi Beta Sorority, Inc., who recognized the potential for damage and loss of hair caused by commonly used materials in headgear, such as cotton, nylon, and wool. This issue, combined with other factors like medical conditions and tight hairstyles, prompted her to establish Keep Your Hair Headgear.

As a visionary, Natasha set her focus on addressing the conflict between the necessity of maintaining a professional appearance and the importance of preserving healthy hair and protecting sensitive skin. In addition to its military collection, Keep Your Hair Headgear offers satin-lined headwear under its trademark licensing agreements for the following organizations: Delta Sigma Theta Sorority, Inc., Sigma Gamma Rho Sorority, Inc., Zeta Phi Beta Sorority, Inc., Howard University, Morgan State University, and the U.S. Air and Space Forces.

Benefits of wearing the products include: Less breakage and tangles, retained moisture, healthier hair, shinier hair, reduction in hair loss, longer-lasting hairstyles, and comfort for sensitive skin.

Ms. Moore joins the crowd of five-star reviewers and says, “Love love love my hat. Also love what this business stands for. It’s hard out here trying to save our hair! So far, I’ve been saving my edges from a whole lot of snagging and tugging with this silk-lined patrol cap.” Mr. Johnson concurs, “This is the greatest thing I’ve bought in my Army career. I absolutely love this product. Thank you.”

For more information about Keep Your Hair Headgear, LLC, please contact Natasha Hinds at info@keepyourhairheadgear.com or 404-860-1182.

father-and-son-duo-open-newest-black-owned-caribbean-restaurant-in-new-jersey

Father And Son Duo Open Newest Black-Owned Caribbean Restaurant In New Jersey

Meet Parris and Tristan Jordan, a father-son duo who opened Bacchanal Junction, the newest black-owned Caribbean restaurant in Bloomfield, New Jersey. With a wealth of experience in hospitality and a deep-rooted passion for Caribbean culture, the Jordans bring a fresh and vibrant dining experience to Bloomfield and East Orange.

The menu blends Caribbean cooking traditions with a modern twist, featuring dishes like Shark Bites, Jerk Salmon, and Stewed Kingfish with Creole Sauce. Guests can also look forward to island-style drinks such as the Hibiscus Buccaneer and the Caribbean Kiss Pisco Sour.

Bacchanal Junction adds a touch of tropical elegance to the area with its stylish decor and warm welcome, promising to delight locals and visitors alike.

Behind Bacchanal Junction are Parris and Tristan Jordan, a father-son duo with extensive experience in hospitality. Parris, known for his work in consulting and hotel development, has led projects worth over $20 billion, including renowned Caribbean destinations like Atlantis and The Ritz-Carlton Grand Cayman.

Tristan, armed with a degree in Hotel & Tourism Management from New York University, shares his father’s passion for Caribbean culture and cuisine. With his background in asset management, he brings a fresh perspective and dedication to quality to Bacchanal Junction.

“At Bacchanal Junction, we’re on a mission to celebrate the rich tapestry of Caribbean flavors and culture,” Jordan told Patch.com. “From savory jerk chicken to succulent seafood dishes, every bite tells a story of tradition, innovation, and passion.”

Learn more about the restaurant via its official website BacchanalNJ.com and be sure to follow the brand on Instagram @BacchanalNJ

Also, you can support the business by visiting its location at 558 Arlington Avenue, Bloomfield, NJ 07003

meet-the-black-woman-leading-her-own-electric-company-in-detroit

Meet The Black Woman Leading Her Own Electric Company In Detroit

Deana Neely, the Founder and CEO of Detroit Voltage, is making history as an African American woman in Detroit who is leading her own electric company. Most recently, she has secured a historic six-figure deal with DTE Energy, the largest electric utility company in Michigan serving 2.3 million customers.

Deana’s commitment to exceeding customer expectations and prioritizing safety and compliance has solidified its reputation as a trusted partner in the Metro Detroit area.

Through the recent deal, she says that her company has teamed up with DTE Energy to install hundreds of local electric vehicle charging stations.

With over a decade of experience in electrical contracting, Deana has proven her expertise in the field. The company, a certified Woman Business Enterprise (WBE), offers top-notch residential and commercial services, focusing on safety, following the rules, and customer satisfaction.

What sets Detroit Voltage apart is its strong relationships with building department officials. This ensures smooth navigation through regulatory processes, guaranteeing safe and code-compliant electrical work that passes inspection without any problems.

Learn more about Deana Neely and her company, visit the official website at DetroitVoltage.com

Also, be sure to follow them on Instagram @DetroitVoltage

minnesota-makes-history-with-its-first-ever-black-led-credit-union

Minnesota Makes History With Its First Ever Black-Led Credit Union

Arise Community Credit Union is making history as Minnesota’s first Black-led credit union. Founded by the Association for Black Economic Power (ABEP), the credit union aims to address financial disparities and empower underserved communities in the state, offering essential banking services and promoting financial literacy.

Back in July 2016, after tragic incidents like the death of Philando Castile, the Association for Black Economic Power (ABEP) set out on a mission to establish a credit union in north Minneapolis, led by members of the Black community.

“There was a huge need. I’ve said it once and I’ll say it a million times, no cavalry was coming. It was a banking desert and the financial institutions that were there were having a hostile relationship with the communities riddled with payday lenders. So people were left to become victims to payday lenders raking over 400% on a loan,” said Debra Hurston, executive director of the ABEP, according to KARE11.

That’s when they set out to launch Arise Community Credit Union, Minnesota’s first Black-led credit union and the state’s first new state-chartered credit union in over two decades.

Daniel Johnson, CEO-designee for Arise, emphasized the cooperative nature of credit unions, where members benefit from lower interest rates and higher returns. With over two decades of banking experience, Johnson expressed a commitment to serving all communities, particularly those historically underserved.

“We love all and serve all, so we’re going to love and serve everyone. However, we’re going to really make a concerted effort to reach toward the communities and groups that have been left, before us, behind,” he said.

Arise will initially offer basic services like checking and savings accounts and consumer loans, with plans to expand its offerings gradually. All services are currently accessible through online banking but they’re aiming to establish a physical location in north Minneapolis soon.

Moreover, Arise, which is set to enroll its first members by the year’s end, also plans to organize events to promote financial literacy, helping members make informed decisions about their money.

Learn more about the credit union via its official website LearnAboutAriseCCU.org

Also, be sure to follow them on Instagram @AriseCCU

black-woman-owner-of-3-successful-businesses-named-2024-enterprising-woman-of-the-year

Black Woman Owner Of 3 Successful Businesses Named 2024 Enterprising Woman Of The Year

Roslyn Ellerbee, a prominent Black woman entrepreneur based in Atlanta who is the owner of three successful businesses, has been awarded the prestigious 2024 Enterprising Woman of the Year title. This esteemed recognition is a testament to her outstanding achievements and leadership in the business community.

Roslyn is the owner of three successful businesses, including Express Errands & Courier, Dream Team Digital Marketing, and Manifesting Greatness with Roslyn V-360° Business Coaching, Roslyn Ellerbee has demonstrated a remarkable commitment to excellence and innovation. Her dedication to business development and marketing has driven the success of her own enterprises and inspired and empowered countless others in the industry.

The Enterprising Woman of the Year award is widely regarded as one of the most prestigious recognition programs for women business owners. It honors women who have exhibited exceptional entrepreneurial spirit, leadership, and commitment to their businesses and communities.

In addition to her entrepreneurial endeavors, Roslyn is actively involved in community-based activities, including mentoring early-stage businesses, volunteering at local shelters, and supporting youth programs. She is also a ‘Big’ in the Big Brother Big Sisters Program, further highlighting her commitment to positively impacting the community.

“I am incredibly honored to receive the 2024 Enterprising Woman of the Year award,” said Roslyn. “This recognition reflects not just my hard work and dedication but also the amazing team and support system that surrounds me. I am grateful for the opportunity to inspire and empower others on their entrepreneurial journey.”

The Enterprising Woman of the Year award is a well-deserved accolade for Roslyn Ellerbee. It highlights her as a true leader and trailblazer in the business world. Her commitment to excellence, innovation, and community involvement inspires women entrepreneurs everywhere.

For more information about Roslyn Ellerbee and her businesses, please visit CoachingWithRoslynV.com

For press inquiries or media interviews, contact hello@coachingwithroslynv.com

this-health-insurance-agency-owned-by-a-black-mom-and-daughter-duo-is-helping-applicants-get-free-coverage

This Health Insurance Agency Owned By A Black Mom And Daughter Duo Is Helping Applicants Get Free Coverage

Meet Shaughnna and Fallon Blackmon, an African American mom and daughter from Houston, Texas, who are the founders of The Real Insurance Lady, a Black-owned multi-million-dollar health insurance agency that provides affordable and free health insurance plans across the United States. Making it a family affair, they have enlisted many of their close friends and family members and have grown their agency now operating all over the South with agents in Texas, Oklahoma, Louisiana, Mississippi, Alabama, Georgia, Florida, and the Carolinas.

Shaughnna, the mom, is the mastermind and foundation of The Real Insurance Lady providing the executive strategy that allows them to boast about being the #1 Obamacare policy writer in the nation. Together with her daughter, Fallon, they helped more than 16,000 people get health insurance coverage last year and that number is expected to grow exponentially this year. Thanks to Fallon’s marketing expertise, their company has gone viral in Houston in other small towns across the state and the nation.

Shaughnna comments, “We are on the ground, in the community, helping people to live happier, healthier lives by meeting them right where they are. Healthcare is a universal right for everyone, and our team is doing what it takes to ensure everyone in America has health insurance.”

Obamacare has been in place since March 23rd, 2010, and more than 21.3 million people have enrolled in ACA marketplace coverage. However, so far in 2024, nearly 50% of Americans are struggling to afford their existing healthcare bills. The Real Insurance Lady has over 50 employees working around the clock to make a difference in the healthcare outcomes of people everywhere. They have a host of insurance agents, brand ambassadors, and customer service team members available online, by phone, and in person to help people get health insurance.

Many clients that get health coverage with The Real Insurance Lady pay $0 a month because of the government subsidy. This is a huge help to applicants who are underemployed or don’t have an employer-sponsored health insurance plan accessible to them. In some cases, what an applicant can get through an ACA health plan allows them to save significant dollars each month.

This is truly a great economic gain for those who enroll amid a host of benefits:

• It takes 7 minutes or less to get health, dental, and vision insurance in place for individuals and families.

• Focuses on providing coverage to underserved and low-income communities across the country.

• Individuals and families put money back in their pockets and reduce their healthcare expenditures.

• 95% of applicants qualify for free health insurance.

For more information about their health insurance plans, call (713) 367-1161 to speak to an insurance specialist or visit their official website at TheRealInsuranceLady.com to request a quote.

For press inquiries or media interviews, send an email to marketing@therealinsurancelady.com