James Vitas is a thriving real estate developer looking to take his dream to new heights. In 2004, James Vitas set off on his entrepreneurial journey and started VMD Companies from his basement at the age of 19. Through hard work, persistence, and unfathomable determination James Vitas built VMD Companies into the powerhouse that now stands. VMD Companies is a New England-based firm that embodies an entrepreneurial, creative, hands-on methodology.
At VMD Companies, James Vitas focuses on the commercial real estate market, from acquisition and entitlements through financing, leasing, and disposition. With special efforts directed toward opportunistic and value-add investment strategies, James Vitas strives to optimize the firm’s yields through equity syndication and creative debt structuring. James Vitas works closely with VMD’s LP base, lending relationships, and an array of the firm’s high-profile network. James Vitas has ushered the company through years of substantial growth, all during the Great Recession, credit crisis, and recent COVID-19 pandemic. Navigating challenging times and complex transactions is James Vitas true passion.
VMD Companies has been awarded a wide array of accomplishments. In 2012 VMD Companies was presented with the project of the year award by the New Hampshire Planners Associate and American Society of Civil Engineers. In 2016, VMD Companies was awarded the project of the year by the State of New Hampshire. Under James Vitas stewardship, VMD Companies has actively overseen and developed in excess of $1 Billion in real estate, with projects ranging from New England to South Florida.
James Vitas most prized accomplishment to date was the largest single tenant net lease transaction in US History. James Vitas acquired the 827,336 square foot NECCO facility for $52 million and later sold it 18 months later for $355 million. In addition to his real estate empire, James Vitas sits on the board of a medical company focused on a world-changing microbiome therapeutic.
James Vitas credits his monumental success to the wonderful team he works with day in and day out. VMD Companies embodies the mindset of winning the day, one step at a time. When James Vitas sees his team win a euphoric feeling is brought to his heart that is difficult to articulate, you must experience it. When one member of the team wins, the whole team wins. VMD Companies is not just a company, but a family that is determined to reach for the stars.
For all young entrepreneurs looking to turn their dreams into a reality, James Vitas offers life-changing advice. “Everyone knows something, but not one person knows EVERYTHING. Trust your gut because no one will care about your business the way that you will have to in order to yield YOY growth.”
In the future, James Vitas intends to continue to expand his impact on the world and grow VMD Companies into the top real estate development firm.