Blackstone REIT Buys $5.1 Affordable Housing Portfolio
American International Group and Blackstone Real Estate Income Trust (BREIT), a long-term, perpetual capital vehicle affiliated with Blackstone, have reached a definitive agreement for BREIT to acquire AIG’s interests in a U.S. affordable housing portfolio for...
DO THE TIME
The CONBODY workout consists of a non-stop, bodyweight, prison-style workout. Experience the support and motivation only possible from people whose lives have been impacted by the criminal justice system – with a team of formerly incarcerated instructors that...
Your Investing Capital is Not All About You
When was the last time you thought about how your investments were impacting others? Or for that matter, when was the last time you thought about your investing as being an amazing gift? If your internal answers are not what you would like them to be, you are not...
New CGC Investor Portal
CommonGood is excited to announce our brand-new investor portal, CommonGood INVEST. RIAs, Financial Advisors and Due Diligence Officers can now review our proprietary impact investment offerings. Virtual data rooms and secure e-subscriptions are now...
Millions Risk Eviction This Month
This is a critical time for the affordable housing crisis in America and an area we have been passionate about driving capital to for a long time. LinkedIn News recently reported... "With more than 11 million Americans behind on their rent, many could be forced...
Opportunity Zone Deadlines and Capital Gains Tax Changes
The Opportunity Zone program continues to be a great way for investors to defer, reduce, and even eliminate capital gains tax while making a positive impact in lower income communities across the United States. In light of everything going on today, it's an...
Shelly Shafer on the Joy Found in Impact
Shelly Shafer explains how Impact investing has changed her perspective on investing, including a complete focus change from fear and greed to joy and freedom... https://vimeo.com/552463486
TriLinc Global Invites You to Meet the Borrowers
At TriLinc’s 2021 Virtual Investor Forum, two of their borrower companies provided educational overviews of their operations and challenges. Please click below to hear their stories, including a cocoa producer in Indonesia and a sustainable packaging manufacturer in...
Multi-Family Impact Fund Explained
The ASI Multi-Family Impact Fund, LP is focused on the need for Affordable and Workforce housing. The shortage of rental housing in the U.S. for the lowest income renters exceeds 7 million units and continues to grow. There is immense opportunity to acquire, enhance,...
QOF’s Basics
Michael Whitaker walks us through the basics of the Opportunity Zone Program, how and why it was created - and the benefits it could provide to investors who view it first as an investment with associated risks and the potential for returns along with making a...
Affordable Housing Part #2: Low Income Housing Tax Credits
In our last newsletter we discussed Section 8 housing vouchers available for qualifying people and properties. Vouchers help pay the cost of rent, but there is also a massive need for more affordable housing units. The Low-Income Housing Tax Credit (“LIHTC”) program...
IFIs in Sub-Saharan Africa
Sub-Saharan Africa (“SSA”) has 46 countries and a population of over 1 billion people. Around 66% of adults in SSA are unbanked – nearly half of all unbanked people globally live in Africa. The SSA banking sector remains underdeveloped but poised for growth. This lack...
Concentric Closes First Deal
Following final approval of their SBIC license application, Concentric is pleased to announce the closing of their first investment. With nearly 50 years of combined principal investing experience, primarily in the lower middle market, Concentric believes that well...
We Just Returned From Africa
What a trip! We just returned from our due diligence and exploratory trip to East Africa, Rwanda to be exact. We visited an operating run-of-the-river hydro power plant and one that is to be developed. We've identified the needs for more electricity access and power...
Support Small Business
If you are like me, there was much confusion around COVID-19 in the early days. In February 2020, my wife thought I was crazy when I asked her to avoid shopping in stores with our young son. Maybe I would handle the groceries? Maybe I would wear a mask and keep...
Opportunity in Africa
Africa is the second largest and second most populous continent, and has the world’s fastest growing population, 43% of which is under the age of 15. Its economies are diverse with East Africa leading GDP growth rates - averaging close to 6% a year since 2008. Yet 600...
Affordable Housing Part #1: Section 8 Housing
I think it is safe to say we all have been reminded lately of the importance of such things as our health, a job, and housing. One’s physical location and housing situation is well documented as a very significant part of the equation of human flourishing. This topic,...
Announcing the ASI Multi-Family Impact Fund
Housing is essential - it has always played a vital role in shaping the outcomes of each member of a household. The shortage of rental housing in the U.S. for low-income tenants has never been clearer with an immediate need of over 7 million units, many of whom are in...