Building Wealth Through Inclusively Owned Commercial Real Estate
In recent years, a national movement to increase pathways to ownership of appreciating community assets has been growing rapidly, with a focus on shared ownership of homes and businesses. But a new wave of innovation is demonstrating the potential of inclusively owned commercial real estate (inclusively owned CRE) as a powerful way to enable local stakeholders—residents, local businesses, nonprofits, and others—to gain an equity stake in, and directly benefit from, commercial development projects in their communities.
Inclusively owned CRE models are a win-win for community residents and outside investors as they set projects up for success. They bring new capital into previously disinvested communities; enable funders and investors to partner directly with community stakeholders; build a loyal customer base as residents have a financial stake in a development’s success; and build household wealth through resident and business ownership of appreciating assets.
Join the Aspen Institute Financial Security Program (Aspen FSP) and the Asset Funders Network (AFN) for a national webinar on January 30, 2025, at 1:00 p.m. ET to hear from community innovators who are leading inclusively owned CRE projects in communities across the country. The webinar will feature a new primer and case studies of Aspen FSP’s Wealth Innovation Cohort and a companion brief by AFN that explores the many ways philanthropy can engage in these and similar projects.
Participants will:
- Learn about the potential of inclusively owned CRE ownership to bring new capital into previously under-invested communities; give residents a financial stake in the growth and prosperity of their communities; and create new partnerships between community and outside investors
- Hear from innovators developing different models of inclusively owned CRE
- Discuss strategies for philanthropy to support new models in communities across the country
The webinar is open to all audiences. We invite you to share questions ahead of time during the registration process.