Joe Stampone
@joestampone
Joe Stampone
PTM’s investment thesis is identifying neighborhoods where the population is growing and housing is in short supply. We then strive to build accessible rental housing that is attainable for at least 65 percent of the population living within a 1-mile radius. This is a strategy that transcends OZs and makes investing in the current economic
... See moreMeyer: PTM takes a top-down and bottom-up approach to identifying potential OZs for development in Florida. We are bullish on the long-term prospects for the state of Florida due to its strong economic potential, rapid population growth and job opportunities.
When determining which areas of Florida to develop in, we look at the job and population growth projections of specific counties and neighborhoods. From there, we use a data-driven approach to narrow our search down to specific communities and streets overlaid with the Opportunity Zone map to see a path of growth in that specific neighborhood. The locations of our current projects in Downtown Miami, Sarasota and St. Petersburg are emblematic of our selection criteria.
Using AI: “We have spent millions on building out data, machine learning, AI, and predictive analysis with a team of six full-time at S2. For us it’s an investment and decision-making tool, but will be fun to watch how it plays out five years from now.”
Just a moment...
Tiny Lessons
1. Selflessness is fearless.
2. Presence beats confidence.
3. Your mind quits long before your body.
4. There's no failure, only feedback.
5. Discomfort is your teacher.
6. Fear is self-centered.
7. Perfectionism limits excellence.
8. Vacation shouldn't be an escape.
9. Give 100% of what's available today, not 100% of perfect.
10. Presence