Eve Picker, founder of Small Change, talks to Brian Gaudio of Module Housing.
Eve has a passion for cities and for working on real estate projects that make a positive impact in neighborhoods. Originally from Australia, Eve trained as an architect and has a master’s degree in urban design. She moved to Pittsburgh where she fell in love with the city and, through a series of ‘accidents’, transitioned from architect to real estate developer, building a small but meaningful portfolio of projects.
In 2016, Eve launched Small Change, a real estate crowdfunding platform matching developers with every day investors. The idea was born out of the Jobs Act of 2012 which allowed crowdfunding to be used for investment, rather than just donations. Now people who wanted to make their neighborhoods better could become investors in developing properties on their own streets.
Small Change focuses on impact by scoring every project to ensure that it creates impact in some way. They also tackle a lack of diversity within the real estate industry – over 54% of developers working with Small Change are women and minority developers. And they help those developers raise meaningful funds – up to $5M per year from anyone who is 18 or over.
Listen in to the conversation.
Image from PxHere