Real Estate Readiness Workshops
Community Vision (CV), an organization with over 35 years of history building financial resilience of nonprofit organizations, will be hosting a series of real estate readiness workshops to give organizations the skills and tools needed for making facility-related decisions. (They recently consulted on Digital NEST’s new Gilroy facility.)
In this in-person series participants will learn how to assess your organization’s financial readiness, whether you should pursue leasing or buying, and how to get on the path to facility ownership. These workshops are ideal for executive directors, senior managers, and board members who are looking for real estate solutions for their organization. Executive directors and board chairs are strongly encouraged to attend together. Registration Required.
Lease Vs. Buy Considerations – How to Make the Best Decision for Your Nonprofit
July 17, 10am-1pm, Sobrato Center for Nonprofits San Jose
- This session will provide you with a decision-making roadmap on what space solution best meets your needs and will highlight:
- – What you need to consider to get ready for leasing and buying
- – What are the capital and operating considerations for each scenario
- – Benefits and risks of leasing
- – Benefits, responsibilities, and pitfalls of ownership
Deeper Dive: Path to Nonprofit Ownership
August 11, 10am-1pm, Sobrato Center for Nonprofits Palo Alto
- This session takes us deeper into what it takes to put your organization on a path to buying a building. Together, we will review:
- – How to get ready to buy
- – The real estate development process and timeline
- – Financing options and strategies (putting together your capital stack)
- – Legal structures for shared ownership
- – Best practices for assembling your development and governance teams: who helps and makes decisions and when
- – Asset management and responsibilities of ownership
