Sadie McKeown is Executive Vice President and Chief Operating Officer of CPC - Community Preservation Corporation. CPC believes that housing is central to transforming underserved neighborhoods into thriving and vibrant communities. CPC was formed in 1974 by an association of commercial banks led by David Rockefeller. They stepped up in direct response to the … [Read more...] about Political will and community development.
Development
The poverty trap.
Let’s talk about the concept of mixed-income development. Sometimes mixed-income projects are viewed as the first step toward displacement or gentrification. And to be honest, these fears are not entirely unfounded. The introduction of mixed-income developments was the first step in many rapidly gentrifying areas, followed by luxury housing and upmarket conversions that lifted … [Read more...] about The poverty trap.
Innovation in real estate. An inevitability.
In order to keep a-pace with the quickly changing world, the real estate development industry needs to change. One way is to focus on strategies for business model innovation. Let's take a look at a few forward-thinking real estate development and investment firms that are leveraging technology and modern business strategies to create sustainable development projects. … [Read more...] about Innovation in real estate. An inevitability.
Revitalization strategist to barista.
"Nobody should have to move out of their neighborhood to live in a better one." Majora Carter is an American urban revitalization strategist and broadcast producer/host from the South Bronx in New York. Her career has spanned environment, economy, social mobility, and real estate development. Her work has won major awards in each sector including a MacArthur 'genius' … [Read more...] about Revitalization strategist to barista.
Crushing urban innovation.
Institutional lenders have their place when it comes to commercial real estate finance. They are the primary source of loans for real estate projects and they offer a wide array of business and development-oriented services as well, all of which are definitely needed. But traditional lenders are not particularly well-suited to solving development challenges in a rapidly … [Read more...] about Crushing urban innovation.