An Atlanta Neighborhood Will Finally Own Property as a Community

By Adina Solomon

Read the full article from Next City here.

“The Guild’s model is a community real estate trust that allows for anyone in the building’s 30310 ZIP code to contribute $10-100 a month. That investment goes into shares of the trust. Resident investors get a return through an annual dividend and the share price, which is tied to property values in this gentrifying neighborhood. The idea is to shift returns from developers to the community.”

No comments