What are the long-term effects of the pandemic on the real estate market? In the short term we’ve seen residential go boom and commercial go bust. Bur how will Covid-19 change the way developers build and scale their business? This week’s guest might have some answers. Dee Brown is the President & CEO of The P3 Group, the nation’s largest minority owned real estate developer that focuses exclusively on public-private partnerships. Dee has nearly 30 years of experience in real estate sales, development, and management. On this episode, Dee discusses why he loves what his organization does, why the pandemic has changed the way buildings are made, and what the future of The P3 Group looks like.
About Dee Brown:
Dee has a 27 year record of real estate sales, development, management, and success overseeing all phases of multi-million dollar construction, infrastructure, water/sewer, and environmental projects for government and private-sector clients. His experience includes managing personnel of up to 200 people in highway/bridge improvements, asbestos abatement, real estate sales and development, solar installations, and a variety of other projects. Dee is backed by strong credentials and a proven history of on-time, on-budget, and high-quality project completions. Dee Brown holds a Bachelor’s degree from the University of Memphis; an MBA from Bethel University; an affiliate broker; a LEED Green Associate; a Graduate Realtor Institute; PACP, MACP, and LACP certified; and member of Memphis Area Association of Realtors Multi Million Dollar Sales Club. Dee is a Doctoral Candidate at Walden University with a concentration in Business Administration and Sustainability. He is also a life member of Kappa Alpha Psi Fraternity, Inc. and the Founder and CEO of the Brown Foundation Community Development Corporation.
Dee has been the recipient of many local, state and national honors. In 1999, Mr. Brown was named the Entrepreneur of the year for the state of Tennessee by the U.S. Small Business Administration. In 2015, his construction firm, Concrete Constructors, Inc., was named the 7th fastest growing inner city company in the country by ICIC and Fortune Magazine. In 2019, The P3 Group Inc. was named as a Mississippi business success story by the Mississippi Development Authority, and Mr. Brown was selected as a member of the Forbes Real Estate Council (2020). He was a featured expert presenter for the international podcast, Real Estate for Breakfast (2019); Prairie View A&M University’s Business of the University (2018); the Delta Grassroots Caucus (2019); Clark Hill Law Firm‘s Real Estate Division (2019); and Arkansas Black Mayors Association (2020).
Mr. Brown holds the honor of being the first minority Department of Defense contractor to hold a federal contract with the US Navy Nuclear Power Command at Goose Creek, SC (2013). On this project, he trained his crane operators and riggers to operate a 500,000 pound Manitowoc crane on a floating derrick (a barge). Upon successfully training employees at a shipyard in Goose Creek, tugboats were used to transport the barge and crane into the nuclear facility where they assisted US Navy riggers in changing 60,000 pound sea anchors on nuclear submarines. Upon the completion of this project, the US Navy gave a performance rating of ‘very good’. He has completed hundreds of projects just as complicated and rewarding for more than 2 dozen federal, state, and municipal agencies in 8 states over the past decade. Mr. Brown is also the first developer to deliver a capital project under a public private partnership in the state of Arkansas. Under Mr. Brown’s leadership The P3 Group has grown into the largest minority owned real estate development company that focuses exclusively on public-private partnerships.