https://rethinkrealestateforgood.co/2025/10/28/10834/
Community
Bellevue Montgomery
A pocket neighborhood adjacent to Memphis Medical District.
Bellevue Montgomery is a multifamily project planned as an infill project in Midtown Memphis, Tennessee, adjacent to the Memphis Medical District. Even at the convergence of Downtown, Crosstown, and Midtown, the neighborhood does not have sufficient housing to fill the need for affordable housing. The Company intends to address this gap in the Medical District with much-needed “Missing Middle” housing. They’re looking for investors small and big alike, just like you, on Small Change.
https://www.smallchange.co/projects/bellevue-montgomery
This is not a solicitation of an offer to buy or sell any securities. All investing is risky and involves the risk of total loss as well as liquidity risk. Past returns do not guarantee future returns. If you are interested in investing, please visit Small Change to obtain the relevant offering documents.
Image courtesy of Bellevue Montgomery
Podcast hiatus.
Dear friends of all things good in real estate.
The year has been too busy (all good) resulting in too little time for podcasts (a little bad). This is a little bad because I love my podcast show – I get to talk to such remarkable people working on such remarkable things.
Now the “busy” has reached a level that I cannot ignore. To give you context here’s a taste of my daily life: A complete (unexpected) renovation of a tiny lake cottage up in northwestern Pennsylvania that has now stretched on for 8 months; an innovative housing project in the heart of Melbourne (Australia) with Breathe Studio that just broke ground (meaning I will have to be there for a month or two in the fall); five new partners who have joined me on Small Change to take it to the next level; a coworking space in a property I developed in ‘the aughts’ that we recently took over, to grow and diversify for the local community.
Since I’m no superwoman, I need to take a brief podcasting break. Will you forgive me?
I’m looking forward to being back at the mic in the spring. I appreciate all the positive feedback and with your patience, I’ll have more amazing people to introduce you to in 2025.
Yours forever in real estate.
PS. Now might be a good moment to catch up on some old podcasts but good ones here, or your favorite podcast feed.
The case for social housing.
The opera and apple strudel are the hottest tickets in Vienna these days, right?
Wrong! US natives are invading the Austrian capital to take a look at their social housing projects. Hordes of politicians, housing advocates and journalists tromping the cobblestones, trying to understand how housing can be more than just a profit center, and probably eating a little apple strudel on the side. It’s part of the culture.
What’s special about these housing projects? Through cross-subsidization they offer high-quality housing to everyone. Rent is based on income with high income earners subsidizing low income earners. Rent can be as low as 4% of income.
Equal opportunity for everyone.
Fast Company asks, “Will the U.S. ever embrace social housing?” And we wonder too. The housing market is driven by profit here. What happens when non-profit projects really start to compete?
Oasis in a food desert.
An oasis is emerging in the food desert.
Residents of the underserved Northwest Goldberg neighborhood in Detroit will finally be able to buy groceries and household goods locally, thanks to the establishment of Kornr Store, a retail concept developed by Brinda Devine of Purpose8 Real Estate.
Only 18 months after raising $43,000 through a crowdfunding campaign on Small Change Brinda is preparing to open Kornr Store at 6224 16th Street later this summer.
That’s not the only good news: Brinda is already scouting locations for a second Kornr Store. We’d love to see this concept take root in other food deserts, which would significantly improve the health of area residents.
For now, we congratulate Brinda on the opening and look forward to celebrating this community-minded developer’s future successes.
Images courtesy of Brinda Divine