Gary Acosta’s Weekly Blog

Featuring Gary’s take on the economy, politics, sports and Latino culture

Gary Acosta is an entrepreneur, public policy advocate, investor, and thought leader passionate about advancing prosperity for Latinos and other underserved communities. As an industry leader, he protects and improves the business environment required to close the wealth gap, particularly via homeownership. Amongst other endeavors, he is Co-Founder & CEO of NAHREP, the country’s leading Hispanic business organization, and Co-Founder of L’ATTITUDE, the preeminent platform for Latino economic empowerment. Acosta is also a general partner of L’ATTITUDE Ventures, the nation’s largest venture capital fund exclusively focused on Latino-led start-ups. Join Gary as he dives into today’s issues through many creative formats.

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Zillow Study

Last week, Zillow released a study that examined the wealth of Hispanics and African-Americans as compared to Whites. It took a deeper look at the role homeownership plays in those comparisons and referenced data that was recently released by the Federal Reserve’s Board’s Survey of Consumer Finances. The highlights of the study were not surprising.…

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The Freedom Tower

Speaking of the human spirit. I had a chance to connect with the NAHREP leadership in NYC to discuss plans for 2018 and beyond. We met at a restaurant called Amada in Lower Manhattan. The food and the company were great, but the area surrounding the Freedom Tower is incredible. The financial district in NYC…

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FBI in College Basketball

Last month I wrote about my son’s experience playing AAU summer basketball. I said that he was fortunate to find a good program where he received great coaching and good competition, but that I could see there was a shady factor with other programs and I thought shoe companies had way too much influence. Last…

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Mother – the worst movie ever

I consider myself a bit of an indie-movie fan. My wife and I used to frequent Landmark Theaters years before anyone knew about Sundance or Telluride. I like edgy movies that take on provocative themes and offbeat subjects, but there can be a fine line between creative and ridiculous. I was looking forward to seeing…

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43rd President George W. Bush

I had the opportunity to meet with and interview George W. Bush last week at the 2017 NAHREP National Convention & Latin Music Festival in Dallas. As expected, he was relaxed, charming and engaging. I was also hoping for a discussion that would connect with our audience in a positive and less partisan manner and…

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Colin Kaepernick

I think anyone born in America is blessed beyond words and should never take it for granted. I also understand why some people contend that our flag, anthem, and other American icons should NEVER be used as vehicles for protest. Therefore, it should not be a surprise that I don’t like the sight of wealthy…

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Joe Arpaio is pardoned

Against the advice of his Attorney General, the Speaker of the House and both republican senators from Arizona; President Donald Trump pardoned Joe Arpaio on Friday August 25th. If you have never spent time reading about the atrocities committed at the behest of Joe Arpaio, the former Sheriff of Maricopa County, you should. Arpaio’s jails,…

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Sarah Huckabee Sanders

If you are not a supporter of President Trump, odds are you don’t like his Press Secretary, Sarah Huckabee Sanders. She officially replaced the cantankerous, Sean Spicer last month. As White House Press Secretary, she has the responsibility to share information about the administration and answer questions for the press corps – frequently about controversial…

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The Mortgage Collaborative in Nashville

The Mortgage Collaborative, the top co-op for mortgage companies, hosted its biannual conference in Nashville last week with more than 150 companies attending the event. Last year, the leading topic of discussion was the regulatory environment while this year it was all about technology and online security. Blend, Inc. a developer of consumer facing technology…

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Latino consumer spending takes a dive

A Reuters study on consumer spending indicates that Latino spending for non-essential goods and services is in a sharp decline. A recent surge in deportations is causing Latinos, even those who are U.S. citizens, to curtail their shopping out of fear of deportation or harassment. The CEO of Target, Brian Cornell, says that Latinos are staying home…

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As I write this blog, my thoughts and prayers are with the family of Heather Heyer and the people of Charlottesville who were victimized by this tragic event. For those of us who wanted to believe that we were living in a “post-racism” era, that notion has been suspended, at least for a while. Racism…

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