Investor James Vitas is an Elite Member of The Real Estate Industry
- July 16, 2022
When James Vitas was just 19 years old, he embarked on an entrepreneurial journey and began VMD Companies from his basement. VMD Companies today owes its success to James Vitas’ unfathomable determination, persistence, and work ethic. Founded in New England, VMD Companies is a real estate firm founded on an entrepreneurial, creative, and hands-on approach. In the field of real estate investment, VMD Companies offers a full range of vertically integrated services.
James Vitas specializes in commercial real estate acquisition, entitlements, financing, leasing, and disposition. James Vitas is dedicated to opportunistic and value-add investment strategies with innovative debt structures and equity syndication focused on maximizing yields. James Vitas works closely with VMD’s LP base, lending relationships, and an array of the firm’s high-profile network. A large portion of the company’s growth has been attributed to Vitas, who has guided it through the Great Recession, the credit crisis, and the recent COVID-19 pandemic. The specialty of James Vitas is navigating challenging times and complex transactions. Under James Vitas leadership, VMD Companies has overseen and invested in excess of $1 Billion in real estate, with projects ranging from New England to South Florida.
During its growth, VMD Companies has become a business tycoon and has been well rewarded for its achievements. VMD Companies was awarded by the State of New Hampshire, Project of the Year in 2012 and 2016. To date, Vitas’ most cherished accomplishment has been his participation in the largest single tenant net lease in the history of the United States. NECCO’s 827,336 square foot facility was purchased by Vitas for $52 million and was sold for $355 million 18 months later.
VMD Companies’ future looks extremely promising under the leadership of James Vitas and Phil Down, the new CEO. As a Dickinson College and John Hopkins graduate, Phil Down is extremely excited to lead such an amazing company. Vitas currently serves as the Executive Chairman of the company. Its vertically integrated success has been driven over the years by the presence of multiple divisions across multiple disciplines. Staying contrarian has always challenged VMD Companies. Despite the evolution of time, VMD Companies have positioned themselves via an institutional platform to continue to thrive. VMD Companies holds alternative investments, particularly multiple offshoots that will allow for pivoting and maximizing investments in other alternative asset classes over the next five years. During these uncertain times, James Vitas will continue to dominate the industry. Watch out for the amazing investments VMD Companies are working on.