ImpactAlpha Podcasts

Buying back the block with Lyneir Richardson

ImpactAlpha Podcasts

Show Notes

Lyneir Richardson of Chicago Trend joins David Bank for this Agents of Impact podcast. Trend acquires and improves shopping centers in low- and moderate-income neighborhoods. The twist: Investment structures that enable local residents to become co-owners on the same terms as institutional investors. David speeks with Lyneir about how such local buy-in bolsters the properties, why even a $1,000 stake in commercial real estate can change a family’s trajectory, and how broad-based community ownership can help close the racial wealth gap.

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