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Saul Ettlin
09/Apr/2018

The physical spaces nonprofits utilize play a key supporting role in the success of organizations, from specialized program space anchored in their communities to having quality, affordable administrative space that promotes collaboration and attracts and retains talent. However, many nonprofits face a myriad of challenges when it comes to having the program and/or office space that best meets their needs.  Nonprofits can face: Acquisition Challenges. Generally, the commercial real estate market, and its capital, moves fast. In contrast, nonprofits take time to assemble resources Development Challenges. When nonprofits do acquire space, the leader of the organization often becomes an accidental developer, slowing down projects and possibly adding costs. Leasing Challenges. When rents are on a fast-paced rise, nonprofits can find themselves vulnerable. Ownership Challenges. Owning a building can be like running a program. It has a budget, needs dedicated staff and has financial and other metrics to be measured by. Nonprofit Real Estate Holding Entity as a Solution Traditionally, a real estate holding entity mitigates risk associated with the ownership of real estate assets. Here, the goal it is to bring expertise to the development and operation of nonprofit space that caters its design for and welcomes the types of uses the sector provides. These holding entities can:


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