Earlier this month, T.D. Jakes Real Estate Ventures announced plans to partner with New Urban Development, a large Black-owned real estate developer located in Miami, to create a similar mixed-income community in South Florida.
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Also this month, Jakes made headlines when rumors began circulating online that he had participated in “sex parties” hosted by rapper and entrepreneur Sean “Diddy” Combs.
In a sermon given on Christmas Eve, Jakes dismissed the rumors as “young folks’ gossip.”