Kenyans in Dallas hoping to invest in Commercial Real Estate

A group of Kenyan immigrants including other African Nations have come together in Dallas Texas and formed an investment group with an aim of investing in Commercial Real Estate.The ambitious project has attracted a large number of Kenyans and the group has grown to a number of 150 members.

Tumaini Investment Group, Inc. (TIG), was founded in 2011 by a group of African Diaspora shareholders, who by faith came together to form and fund this private real estate corporation that will serve clients in Texas as well as USA and Canada in the area of retail shopping centers and Apartment complex development. They combine  individual experiences in wealth management, investment banking, information technology and asset management with client-oriented approach to deliver superior solutions to the clients. TIG is determined to succeed in developing and leasing commercial real estate with a specific focus on retail shopping centers and apartments. Currently, Tumaini Investment Group, Inc. is looking at several opportunities including apartment complexes and undeveloped land for the development of retail space.

Below is a message from the Founder/Chairman of the group Mr.Lameck Siika.

My plan is very simple:  Start with 150-200 "positive" thinkers willing to think outside the box to achieve greatness in just a few years, (we are already at 175 members strong, included are Kenyans, Nigerians, Zimbabweans, Ugandans, Zambians and  Malawians).  GOD WILLING…By year 3 to be owners of a vibrant shopping centers and Apartment complexes. In 4-6 years be generating an income of up to $1 million/month ($12 million/year). And in 5 years embark on the next big project e.g. motels, apartment complex etc. Get this one more time: 150 -200 of us contributing $75 a month, ($18.50 weekly) will raise close to 18-20k a month. We’ll then purchase Apartments/develop shopping centers in a growing city or  across USA generating serious income ?? Friends we will have created an inheritance for our kids over the next 5-10 years in a way that does NOT BREAK YOU OR MY BACK – $18.50 a week.  Lets be honest…"Our Kids will not follow us to Kenya, Nigeria, Uganda or any African country you and I come from when we retire there, Period!" When they graduate from college, they’ll take this concept to the next level. This is the American Corporate concept that most of us are working in that someone must introduce to our community whose time has long come. We will also refuse to be divided on tribal/individualistic lines like our people at home. My plan is as simple as that People! On the other hand, we will become smart investors instead of big spenders by literally controlling the urge to shop in the sale racks of Foley’s/Dillard’s/TJ Marks/Ross etc. To stop spending our future in small, increments but not realizing what small savings can do if put to good use corporately. We are possessed in buying fancy gadgets,  clothes,  loaded cable TV’s, Internet at home and on our cell phones, Gus guzzling SUV’s, we’re living for the present while our financial security as a community does not exist, (Oh, I do understand that individually you and I have done well…not interested in that). I’m I seeing this alone? Lets change our way of thinking deliberately NOW! My goal is for Tumaini-Hope and its shareholder to end at the Wall street traded publicly in a few years and financially solid!