Vee Escarment had been working in real estate as a housing counselor with nonprofit organizations since 2013, when she started to notice that there was a serious lack of housing available for low- to moderate-income families in Florida. While many of these families were approved for home ownership, they were struggling to find homes in realistic price ranges. After six years of witnessing the dreams of home ownership dashed for so many in the community, Vee was inspired to launch her own nonprofit in 2019, Generational Wealth through Homeownership Inc. A year later, she also created a for-profit real estate company, Generational Wealth through Real Estate LLC, with the mission to acquire underperforming properties throughout Florida and transition them into affordable, primary residences for its citizens. “I’ve always wanted to make a difference and impact communities and people’s lives,” she says.
That desire has earned Vee, a HUD-Certified housing counselor and certified real estate developer, considerable recognition. She was featured in VoyageMIA Magazine as one of Miami’s most inspiring women for their Trailblazers: Rewriting the Narrative series and she appeared on the cover of Legacy South Florida’s Most Influential and Prominent Black Women in Business and Industry in 2020. Vee, however, considers her greatest professional accomplishment being able to help hundreds of clients become first-time home buyers, begin legacies for their families, and create generational wealth.
As president and CEO, Vee oversees the fiscal management of both Generational Wealth through Real Estate and Generational Wealth through Homeownership, which serves clients throughout Miami-Dade, Broward, and Palm Beach counties. As CEO of Generational Wealth through Real Estate, she focuses on acquiring properties and overseeing construction for both new development and property rehab, reviewing and approving contracts for services, and researching zoning ordinances, as they build and impact communities one property at a time. Ranging from $200,000 to $250,000, Vee’s homes allow a wider array of affordable options for lower- and middle-income families. For her nonprofit organization, Vee oversees the administration and planning for the 501(c)(3), and leads community outreach and fundraising so that the nonprofit can provide workshops and programs on debt management and financial literacy as well as housing, credit, and post-purchase counseling.
For Vee, it’s all about making an impact on people’s lives. She remembers a client who, along with her mother and grandmother, had always rented because bad credit prevented her from buying a home despite being financially able. “I gave her strategies to help her fix her credit. After seven months, she did. I remember closing day. I went with her, and she said, ‘You are a life changer! You have made my dream a reality. This is breaking the generational curse in our family. I’m the first one in my family to own a home.” Vee recalls. “She was grateful to be living the American dream and could now work on creating generational wealth to leave a legacy for her children. I wanted to cry. To know that I’m helping to change people’s lives for the better—this is what drives me every single day!”
President & CEO
Generational Wealth through Real Estate LLC
Generational Wealth through Homeownership Inc.
Address: 4300 N University Drive Suite F-100 Lauderhill, FL 33351