The Winning Strategy of Brett M. Johnson: Co-Investments and Syndication in Professional Sports-Anchored Real Estate Development
Brett M. Johnson is a highly accomplished and versatile business leader with a diverse portfolio of ventures and achievements. With a strong background in finance, real estate, and sports business, he has made a significant impact in various industries. As the CEO of Benevolent Capital Group and a Partner at Fortuitous Partners, he has successfully invested in real estate developments, and numerous other ventures.
Fortuitous Partners and Real Estate Ventures
As a Founder and Partner of Fortuitous Partners, Brett Johnson has been instrumental in driving the success of the company’s diversified opportunity fund platform. Fortuitous Partners focuses on investing in professional sports-anchored multi-asset real estate developments in opportunity zones. One notable project is the iconic Tidewater Landing development in Rhode Island, which has the potential to transform the local community.
Brett‘s expertise in real estate valuation, modeling, and economics has been invaluable in identifying and capitalizing on lucrative opportunities. His extensive experience in portfolio valuations and transaction due diligence has contributed to the success of various real estate projects. His ability to optimize portfolios and identify asset monetization strategies sets him apart as a leader in the industry.
In the realm of real estate development, few individuals stand out as prominently as Brett M. Johnson. With a keen eye for strategic partnerships and a knack for identifying lucrative opportunities, he has carved a niche for himself in the competitive world of professional sports-anchored real estate. His focus on co-investments and syndication, coupled with his penchant for joint-ventures with best-in-class partners, has not only propelled his success but also reshaped the landscape of sports-related developments.
The Rise of Brett M. Johnson
Brett’s journey to prominence in the real estate sector is a testament to his entrepreneurial spirit and vision. Armed with a background in finance and a passion for sports, he recognized early on the potential synergy between these two worlds. Leveraging his expertise and connections, he embarked on a mission to bridge the gap between professional sports and real estate development.
Co-Investments and Syndication: A Winning Formula
Central to Brett Johnson’s approach is the concept of co-investments and syndication. Brett actively seeks out like-minded investors to share in the risks and rewards of each project. This collaborative approach not only diversifies the investment pool but also fosters a sense of collective ownership and accountability.
By pooling resources with strategic partners, Johnson is able to tackle larger and more ambitious projects. This syndication allows for greater flexibility in structuring deals and accessing capital, ensuring that each venture is optimized for success.
Professional Sports-Anchored Real Estate: The Perfect Marriage
One of Brett Johnson’s key insights is the inherent synergy between professional sports and real estate development. By anchoring his projects around sports stadiums, arenas, or training facilities, he taps into a built-in fan base and leverages the allure of sports to drive foot traffic and demand.
Whether it’s mixed-use developments adjacent to stadiums, luxury residences overlooking golf courses, or state-of-the-art training facilities for athletes, Johnson’s portfolio reflects a deep understanding of the symbiotic relationship between sports and real estate. This strategic positioning not only enhances the value proposition for investors but also enriches the surrounding community by creating vibrant hubs of activity and commerce.
Joint-Ventures with Best-in-Class Partners
Another hallmark of Brett Johnson’s approach is his emphasis on forging alliances with best-in-class partners. Whether it’s professional sports franchises, renowned architects, or leading hospitality brands, he spares no effort in assembling a dream team of collaborators.
By aligning himself with partners who bring complementary expertise and reputations for excellence, Brett Johnson ensures that each project benefits from the collective wisdom and resources of industry leaders. This collaborative ethos not only enhances the quality of the end product but also mitigates risks and instills confidence among stakeholders.
Benevolent Capital
At Benevolent Capital we have carved a niche for our investors by seamlessly blending traditional family values with cutting-edge investment strategies. Our approach is characterized by a thoughtful fusion of innovation and prudence, ensuring that every investment aligns with the long-term vision and legacy goals of our clients.
As principals we co-invest our own money in every deal we participate in, we do not charge our investors management fees, investors receive a 100% preferred gross return on their investment. After the 100% return (a 2X) the investor will receive a 70% net return with a 30% promote to the GP. This arrangement makes Benevolent Capital a trusted partner in safeguarding and growing wealth for our investors.
Benevolent Capital includes a world-class group of partners, associates and investors, and our portfolio now spans catalytic investments in venture capital, private equity, real estate development and a diverse collection of global professional soccer franchises. Our wide range of experience from managing successful companies, to completing management buyouts, acquisitions, and a wide variety of debt and equity investments totaling over $4 billion enables us to truly partner with the entrepreneurs and management teams of our portfolio companies and provide hands-on support and guidance towards realizing their full potential. Benevolent Capital has a proven track record of successful investments. Notably, our $200k investment in seed capital for Enzymatics, a biotech firm later ultimately acquired by Invitae (NASDAQ: NVTA), has yielded over $30MM in total returns for Benevolent Capital’s investors.
What sets us apart is not just our financial acumen but also our dedication to fostering meaningful relationships. Going beyond conventional investment practices, we prioritize open communication and transparency that allows us to build trust with our stakeholders, as principals we co-invest our own money in every deal we participate in making Benevolent Capital a trusted partner in safeguarding and growing wealth for our investors.
In an ever-evolving financial landscape, our expertise, coupled with Benevolent Capital’s commitment to hybrid family office investments, paints a picture of success, where financial prosperity meets enduring values.
About the Author
Brett M. Johnson, founder and CEO of Benevolent Capital, founder and partner of Fortuitous Partners, and co-founder and chairman of Rhode Island FC. He has a bachelor’s degree from Brown University and a Masters of Business Administration from the Presidential/Key Executive program at Pepperdine University. Brett is also a graduate from the Harvard Business School’s President’s Leadership Program in 2014. An active member of the Young Presidents Organization.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always consult with a qualified financial advisor or wealth manager before making any investment decisions.
