At the age of 19, James Vitas founded VMD Companies from the basement of his house. VMD Companies is today’s powerhouse because of James Vitas’ unwavering determination, persistence, and unwavering work ethic. New England-based VMD Companies is a real estate company that values entrepreneurial, creative, hands-on methods. VMD Companies is a vertical integrated firm that provides a variety of Real Estate investment services.
At VMD Companies, James Vitas focuses on the commercial real estate market, from acquisition and entitlements through financing, leasing, and disposition. With special attention to opportunistic and value-add investment strategies, James Vitas optimizes the firm’s yields by syndicating equity and structuring debt in creative ways. As part of James Vitas’s role at VMD, he maintains close relationships with the firm’s LP base, lending relationships, and a wide array of high-profile clients. With Vitas’ guidance, the company has experienced years of steady growth, all during the Great Recession, the credit crisis, and the recent COVID-19 pandemic. It is James Vita’s specialty to navigate challenging times and complex transactions. With properties ranging from New England to South Florida, VMD Companies has actively overseen and invested in excess of $1 Billion in real estate.
In the past few years, VMD Companies has grown into a tycoon and has won many prestigious awards. In 2012 and 2016, the New Hampshire Planners Associate and American Society of Civil Engineers awarded VMD Companies Project of the Year. To date, Vitas has achieved the largest single tenant net lease transaction in US history. After buying the NECCO facility for $52 million, Vitas sold it 18 months later for $355 million.
VMD Companies is poised for great success under the leadership of James Vitas and Phil Down, the new CEO. Phil Down, a graduate from Dickinson College and John Hopkins, is extremely excited to have the opportunity to lead this amazing company. Currently, Vitas is serving as Executive Chairman. VMD Companies has multiple divisions through multiple disciplines that over time have driven its vertically integrated success. Looking around the corner toward the next best thing has always challenged VMD Companies to stay contrarians. To continue to succeed, VMD Companies have established an institutional platform based on an evolving time line. For the next five years, VMD Companies holds alternative investments, specifically multiple offshoots that will allow VMD Companies to pivot and capitalize within other alternative asset classes. James Vitas will certainly continue to dominate in these uncertain times ahead. Be on the lookout for all the fantastic investments VMD Companies have underway.
