Rising up in Massachusetts, James Vitas generally dreamed of getting to be a major-notch true estate developer. In 2004, James Vitas established off on his entrepreneurial journey and started VMD Businesses from his basement at the age of 19. By way of challenging operate, persistence, and unfathomable resolve, James Vitas crafted VMD Providers into the powerhouse that now stands. VMD Organizations is a New England-based mostly authentic estate agency that embodies an entrepreneurial, creative, hands-on methodology.
At VMD Firms, James Vitas focuses on the industrial authentic estate market place, from acquisition and entitlements by means of financing, leasing and disposition. With particular efforts directed towards opportunistic and price-add expense techniques, James Vitas strives to enhance the firm’s yields via fairness syndication and innovative credit card debt structuring. James Vitas performs intently with VMD’s LP base, lending relationships and an array of the firm’s substantial-profile network. James Vitas has ushered the organization by means of many years of substantial development, all all through the Great Recession, credit score disaster, and recent COVID-19 pandemic. Navigating tough occasions and elaborate transactions is James Vitas specialty. Underneath James Vitas stewardship, VMD Firms has actively overseen and produced in extra of $1 Billion in genuine estate, with jobs ranging from New England to South Florida.
VMD Firms has developed into a business titan and has been awarded for its endeavours. In 2012, VMD Providers was introduced with the task of the yr award by the New Hampshire Planners Associate and American Culture of Civil Engineers. In 2016, VMD Businesses was awarded the challenge of the year by the State of New Hampshire. James Vitas’ most prized accomplishment to date was the biggest single tenant internet lease transaction in US History. James Vitas obtained the 827,336 square foot NECCO facility for $52 million and later offered it 18 months afterwards for $355 million.
James Vitas credits his monumental success to the spectacular staff he functions with working day in and working day out. VMD Providers embodies the way of thinking of successful the working day, a single step at a time. When James Vitas sees his crew acquire a euphoric experience is brought to his heart that is tough to articulate. When a single member of the staff wins, the total staff wins. VMD Businesses is not just a firm, but a relatives.
James Vitas enjoys spreading his knowledge to younger hungry entrepreneurs, as his mentor once did for him. He advises his mentees “To absolutely immerse themselves in any business they decide on to pursue. Obsessing around depth and residing in a continual condition of paranoia, is what can make you win. Not conversing or bragging about what you do, but letting your hard function speak for itself.”
The potential of VMD Businesses appears exceptionally vivid underneath the leadership of James Vitas. He options to maintain dominating in these unsure instances forward and increasing his outreach in the true estate sector. Be on the lookout for all the great developments VMD Businesses has underway.