In this last second half of a two-part interview, Randolph Bell of Creative Development Partners (an organization hired by the City of Berkeley to facilitate communication between the city, a soon-to-be-chosen developer, local community organizations, and Bay Area Rapid Transit - BART) walks us through the different parts of development, the funding mechanisms and expectations, and how the local organizers’ ask for equity presents specific opportunities for all parties to think outside “business as usual” at the development BART is slated to begin at the Ashby Station.
Referenced in Episode:
What is Environmental Social and Governance Criteria?
https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp#toc-environmental-social-and-governance
What are Community Benefit Agreements (CBAs)?
https://www.policylink.org/resources-tools/tools/all-in-cities/good-jobs/community-benefits-agreements
What are financial phases of property development?
https://pecunica.com/knowledge-point/what-are-the-phases-in-property-development-financing/
What are traditional sources of capital in Real Estate?
https://tsmfinancialmodels.com/blog/sources-of-capital-in-real-estate
Connect With Our Guest:
Randolph Belle - Creative Development Partners
Website: www.creativedevt.com
Email: rbelle@creativedevt.com
Phone: (510) 333-9175
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