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Business Mogul Calvin L. Butts Jr. Demonstrates Commitment to Education & Community Through Generous Donation to Alma Mater

Business Mogul Calvin L. Butts Jr. Demonstrates Commitment to Education & Community Through Generous Donation to Alma Mater
savannahtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from savannahtribune.com Daily Mail and Mail on Sunday newspapers.

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5 things to know about booking a summer rental

April 21, 2021 | 1:55 PM
Travel is rebounding in the United States with gusto, as vaccination rates rise, restrictions loosen around the country and would-be travelers act on their eagerness to reunite with family and friends. The surge has already left its mark on the vacation rental market, where property owners, agencies and management companies are predicting an extremely busy, if not outright bonkers, summer.
“This is probably contradictory to what a lot of people may think, but it’s really one of the most exciting times in the industry right now,” said Carrington Carter, co-founder and managing partner of Getaway Society, a luxury vacation rental company with properties in Martha’s Vineyard, Massachusetts, and Hilton Head, South Carolina, as well as other markets. ....

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HBCU Grads Turn Travel Passion Into $10 Million Real Estate Portfolio in Less Than 5 Years

HBCU Grads Turn Travel Passion Into $10 Million Real Estate Portfolio in Less Than 5 Years
(Image Credit: Jack Manning, Jaxon Photo Group)
HBCU grads, Carrington M. Carter and Calvin J. Butts, Jr. of East Chop Capital, are changing the face of private equity.
The two Hampton graduates recently announced the closing of their $4 million fund. With a strong background in real estate and entrepreneurship, Carter and Butts are capitalizing on the multi-billion dollar global vacation rental market.
“Our firm was created to help accredited investors build wealth and gain exposure to private investments that they may not have access to,” says Butts, Jr. in a statement. “East Chop Capital’s first fund exposes our investors to the travel and hospitality industry via luxury vacation rental homes, by owning and operating homes in places like Martha’s Vineyard, Hilton Head, Gatlinburg, Orlando, and several other markets that we will expand to in 2021.” ....

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7 US destinations to visit to learn about Black history

Black history in the United States is American history, so while February is Black History Month, think about it as a month that gives you an excuse and ample resources to dive deeper into American history.
Every year the ASALH chooses a theme. The theme for Black History Month 2021 is Black Family: Representation, Identity and Diversity. This explores the African diaspora and the spread of Black families throughout the United States from slavery to The Great Migration to present day.
With travelers looking for more local options within the United States, this creates a unique opportunity to support Black businesses and explore previously overlooked locales in the US that go beyond well-known Black-history rich destinations, such as D.C. or Atlanta. ....

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Black-Owned Private Equity Firm, East Chop Capital, Raises $4 Million and Announces Closing of its Inaugural Fund

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When it comes to funding minority entrepreneurs, only 1 percent goes to Black founders. With only 2 percent of investment professionals being Black, one private equity firm seeks to change the face of the industry. Today, East Chop Capital, a Black-owned private equity firm, announces the successful closing of its inaugural $4 million fund. The fund was created to capitalize on the thriving $113 billion global vacation rental market.
East Chop Capital was founded in 2018 by experienced entrepreneurs and real estate developers, Calvin L. Butts, Jr., and Carrington M. Carter. The firm seeks to expand access to capital and other resources for Black, women, and minority entrepreneurs, while also building generational wealth for its investors. ....

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