{"id":104,"date":"2021-11-17T15:45:51","date_gmt":"2021-11-17T15:45:51","guid":{"rendered":"https:\/\/cstonesp.com\/?p=104"},"modified":"2021-11-17T16:25:41","modified_gmt":"2021-11-17T16:25:41","slug":"business-observer-40-under-40-class-of-2021","status":"publish","type":"post","link":"https:\/\/cstonesp.com\/?p=104","title":{"rendered":"Business Observer: 40 UNDER 40 – CLASS OF 2021"},"content":{"rendered":"\t\t
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Leonard Burke<\/strong><\/p>\n\n

Director of asset management, Beneficial Management\u00a0<\/strong><\/p>\n\n

Age\u00a038<\/strong><\/p>\n\n

Affordable housing is more than just a theory for Leonard Burke.<\/p>\n\n

Burke is the 38-year-old director of asset management for Beneficial Communities, a developer that builds both affordable and market rate communities.<\/p>\n\n

He grew up in public housing in Miami\u2019s Liberty City neighborhood, raised in the same\u00a0two-bedroom, two-story unit where his grandmother raised three generations. So he\u00a0brings the experiences he developed over the years to the projects he works on today.<\/p>\n\n

\u201cWhat I look at is: would I be OK living here or would I be OK with my mom and my grandmother living here?\u201d he says.<\/p>\n\n

\u201cWhen it comes to how a community is designed, constructed, put together, is it a place I feel good about? And during the whole design phase, and even during the construction phase, is it acceptable to my standards, would I feel OK raising my family in this community? And that\u2019s how I look at it when it comes to putting projects together.\u201d<\/p>\n\n

Burke first discovered the real estate business as a student at the University of South Florida when he took an internship with Market Street Mortgage in 2003.<\/p>\n\n

That experience sparked his interest and after graduating in 2005 at the height of the housing market, he went into business for himself buying and flipping homes. \u201cThen the real estate market crashed and I\u2019m like, \u2018This ain\u2019t working. I\u2019m not making any money,'” he says. “‘I\u2019ve got to get a job.\u2019\u201d<\/p>\n\n

He took several jobs after and eventually met Tony Cooper at a real estate certification class. Cooper, a developer, introduced Burke to a world of acquiring distressed apartments and tax credits as well as income restricted properties.<\/p>\n\n

After the apprenticeship with Cooper, Burke began working with the Tampa Housing Authority, where he spent seven years, rising to director of asset management in 2018. He joined\u00a0Beneficial Communities in November\u00a02019.<\/p>\n\n

\u201cTracing back to my roots, it really made sense for me to continue down this path, and to try to provide communities and apartments for those who don\u2019t make a lot of money but can still live in a decent, safe sanitary place,\u201d he says.<\/p>\n\n

\u201cA nice apartment that they don\u2019t have to worry about the door being kicked in or somebody shooting at them. A place they can be proud of.\u201d<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tTBBJ: READY TO GET UNCOMFORTABLE\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\tNovember 17, 2021\t\t<\/span>\n\t\t\t\t\n\t\t\tNo Comments\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t
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The 37-year-old director of asset management for Beneficial Communities has been overwhelmed by recent racial injustices across the country \u2014 the murders of George Floyd,<\/p>\n\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\tRead More \u00bb\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tBusiness Observer: 40 UNDER 40 – CLASS OF 2021\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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Leonard Burke Director of asset management, Beneficial Management\u00a0 Age\u00a038 Affordable housing is more than just a theory for Leonard Burke. Burke is the 38-year-old director<\/p>\n\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\tRead More \u00bb\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\n\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\tNext<\/span>TBBJ: READY TO GET UNCOMFORTABLE<\/span><\/span><\/i>Next<\/span><\/span><\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Leonard Burke Director of asset management, Beneficial Management\u00a0 Age\u00a038 Affordable housing is more than just a theory for Leonard Burke. Burke is the 38-year-old director of asset management for Beneficial Communities, a developer that builds both affordable and market rate communities. He grew up in public housing in Miami\u2019s Liberty City neighborhood, raised in the […]<\/p>\n","protected":false},"author":1,"featured_media":109,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/posts\/104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cstonesp.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104"}],"version-history":[{"count":7,"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/posts\/104\/revisions"}],"predecessor-version":[{"id":113,"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/posts\/104\/revisions\/113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cstonesp.com\/index.php?rest_route=\/wp\/v2\/media\/109"}],"wp:attachment":[{"href":"https:\/\/cstonesp.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cstonesp.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cstonesp.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}