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09/Jan/2017

I’ve seen a lot of nonprofit real estate projects destabilize the organizations they are meant to bolster. That’s why I’m passionate about nonprofits undertaking careful feasibility planning when contemplating a space project. Whether your organization chooses to rent or buy, whether the project is for your organization alone or with a cohort of other nonprofits for a shared space – the key objective is to do no harm and make sure that your new space enhances your mission and doesn’t undermine it. Occupancy costs are second only to personnel in terms of nonprofit expenses, but even the most sophisticated nonprofits often get tripped up by poorly planned real estate projects.


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02/Nov/2015

This report sums up what so many nonprofits have discovered the hard way – that you often get what you paid for! $1 buildings aren’t the silver bullet they seem to be and need to be evaluated just like any other facility project. Acquisition costs are often just a small part of the overall development cost.


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