Core Impact’s Real Estate Development core focus area is all about identifying and executing projects that will have profound effects on local residents needs, local economies and local businesses. Our end game is to transform communities through commercial and resdidential properties..

In strategic real estate development the potential for big returns in terms of jobs and, perhaps, business development exists. It is often the construction industry, with private sector support, that Government stimulates when it wants to jump-start the economy. The Government does so because of the huge domino or ripple effect that an investment in construction has.

For example, lower cost housing resulting from lower interest rates or subsidized development costs leads to higher demand for and increased production of housing. These increases in turn lead to higher demands for construction labor and materials, appliances, fixtures, and furnishings. Increased demand for materials leads to increased demand for the raw materials from which they are produced.

Up and down the production and distribution chain, the demand for labor is increased, provided that the stimulus is large enough. The Small Home Builder's Association estimates that, on average, for every $25,000 spent in new construction or $20,000 spent in housing renovation one new job is created.

The impact from commercial real estate development activities, which includes everything from hotel and office building development to shopping and industrial mall development, provides similar community transformation opportunities. Neighborhood and small community commercial districts are often seen as the face of a community. If a commercial district is declining – i.e. losing businesses, vacant storefronts, vacant lots, etc. - many will believe that the whole community including the residential area is declining.

Core Impact strategically identifies and executes residential and commercial real estate projects that create and/or sustain a community transforming ripple effect in terms of job growth, economic growth, and business profitability growth.  Derived from successful projects, Core Impact has grown its asset portfolio, becoming a positive revenue center with above average CAP rates and functioning with purpose to each individual community our properties reside in.

Together they serve to upgrade the overall community image, infrastructure, and long-term viability.