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Who wins when a neighborhood changes? Traditional real estate investment and market-based incentives do not prioritize local residents. Join this panel to hear from two organizations, one in Philadelphia, that are moving real estate assets out of the speculative private market. In both models they are centering neighborhood governance and local control over the assets for the benefit of the communities that live there.
Panelists:
For a decade, Knight Foundation has been intentional about identifying high quality, diversely-owned asset managers when investing its endowment. In response to frequent questions from a variety of stakeholders into the performance of the charitable sector regarding this issue — the questions arising from the general lack of data — Knight Foundation asked Global Economics Group to assess the representation of diverse asset managers among foundations.
