Investment Portfolio
Impact Real Estate Investments
1898 South Flatiron Court • Boulder, Colorado
41,377 sq ft commercial property.
Key features:
• LEED certification.
• 72kW solar electric system and two electric vehicle charging stations.
• Shared ownership structure with tenant via a subsidiary.
• In exchange for zero up-front capital investment, below-market rent, shared ownership, shared financial upside, and shared control, the tenant provides property management and administrative assistance.
Tenant:
An independently-owned craft brewery.
11220 Hindry Ave • Los Angeles, California
30,000 sq ft commercial property.
Key features:
• 123kW solar electric system.
• Shared ownership structure with tenant via a subsidiary.
• In exchange for additional ownership upside, shared ownership, shared financial upside, and shared control, the tenant provides property management and administrative assistance.
Tenant:
A women-led and majority BIPOC-owned company that operates six premier climbing gyms in greater Los Angeles and Orange County where they offer opportunities for climbing, yoga, fitness, youth programs, parties, and community events.
888 Federal Boulevard • Denver, Colorado
24,427 sq ft commercial property.
Key features:
• LEED Silver certification in one of the city's lowest income neighborhoods.
• 100kW solar electric system and four electric vehicle charging stations.
• Shared ownership structure with tenant via a subsidiary.
• In exchange for zero up-front capital investment, below-market rent, shared ownership, shared financial upside, and shared control, the tenant provides property management and administrative assistance.
Tenant:
An employee-owned cooperative of 220+ employees and certified B Corporation (B Impact Score: 127.2). Designs and installs solar electric systems.
3325 N Michigan Avenue • Portland, Oregon
36-unit affordable housing apartment complex.
Key features:
• Deed-restricted affordable housing development (construction is scheduled to be complete in 2025) whereby approximately half of the apartment units require their residents to earn income that's less than 60% of Area Median Income ("AMI") and the other half require less than 80% of AMI.
• Mass timber construction.
• All-electric systems (no natural gas or propane).
• High-efficiency appliances, high-efficiency central hot water heat pump system, and low-flow plumbing fixtures.
Tenant:
Various low-income residents (pending construction completion).
2785 SE Belmont Street • Portland, Oregon
35-unit affordable housing apartment complex.
Key features:
• Deed-restricted affordable housing development (construction is scheduled to be complete in 2026) whereby approximately two-thirds of the apartment units require their residents to earn income that's less than 60% of Area Median Income ("AMI") and one-third require less than 80% of AMI.
• Mass timber construction.
• All-electric systems (no natural gas or propane).
• High-efficiency appliances, high-efficiency central hot water heat pump system, and low-flow plumbing fixtures.
Tenant:
Various low-income residents (pending construction completion).
5900/5908/5820 Triangle Drive • Raleigh, North Carolina
25,345 sq ft commercial property.
Key features:
• LEED Silver certification.
• 56kW solar electric system.
• Shared ownership structure with the tenant via a subsidiary.
• In exchange for additional ownership upside, shared ownership, shared financial upside, and shared control, the tenant provides property management and administrative assistance.
Tenant:
A certified B Corporation (B Impact Score: 91.5) that designs and installs solar electric systems, performs energy efficiency modeling, and is currently restructuring as An employee-owned cooperative.
3973 Rivers Avenue • North Charleston, South Carolina
4,510 sq ft commercial property.
Key features:
• Shared ownership structure with tenant via a subsidiary
• In exchange for zero up-front capital investment, below-market rent, shared ownership, shared financial upside, and shared control, the tenant provides property management and administrative assistance.
Tenant:
A non-profit that retrofits existing homes with energy + water efficiency upgrades, trains a young workforce of conservation leaders through service-learning, and restores and protects coastal habitats with proven nature-based solutions.
1440 Elmira Street • Aurora, Colorado
8,848 sq ft mixed commercial/residential property.
Key features:
• Shared ownership structure with tenant via a subsidiary.
• In exchange for zero up-front capital investment, below-market rent, shared ownership, shared financial upside, and shared control, the tenant provides property management and administrative assistance.
Tenant:
A non-profit social enterprise that runs a holistic live/learn/work center for refugee and immigrant families. They provide housing, language learning, job readiness workshops, mental health services, and a year-round preschool program – all under one roof.
1501 Lee Hill Drive, #15 • Boulder, Colorado
1,850 sq ft commercial property.
Key features:
NOTE: This property no longer has explicit alignment with one of our cooperative's impact themes, and we are evaluating how to address this (e.g. increase its impact or possibly sell it).
Tenant:
Independently owned vineyard and winery committed to sustainable farming practices and Colorado-based production.
SOLD IN 2018: 4571 Broadway • Boulder, Colorado
SOLD IN 2018: 14,850 sq ft commercial property.
Key features:
SOLD IN 2018: sold after 10 years of ownership due to the tenant outgrowing the building and wanting to relocate.
LEED Gold certification.
12kW solar electric system with two electric vehicle charging stations.
Numerous energy efficiency features such as evaporative cooler system, energy recovery ventilation system, and extra insulation.
Tenant:
An employee-owned cooperative of 220+ employees and certified B Corporation (B Impact Score: 127.2). Designs and installs solar electric systems.
