February 8, 2021
Small Change: Crowdfunded Real Estate Investments
What if individuals could band together to make change that they couldn’t possibly accomplish alone? That’s the concept behind Small Change, a real estate crowdfunding investment platform founded by today’s guest, Eve Picker. We’ll dive into the new world of crowdfunded real estate investments and how that could shape the future of preservation on this week’s PreserveCast.
Eve Picker is the founder of Small Change, a real estate equity crowdfunding platform. Small Change raises funds for meaningful real estate projects building better cities everywhere. Like Kickstarter for real estate—but with a return. Small Change matches developers to investors, providing investment opportunities for everyone who cares about cities and wants to make change.
I first learned about Small Change through a Facebook ad that grabbed my attention. As a preservationist, I wondered, is there a way to take this concept and deploy it to save historic places? Given the challenges of fundraising, which I know all too well as a nonprofit executive, I’m always looking for new innovations – especially around property redevelopment. My hope is that today’s conversation sparks a dialogue about this concept and how preservationists might embrace crowdfunding investing as a way to save places that matter.
[Legal Disclaimer: Preservation Maryland and its affiliates do not provide tax, legal, investment or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, investment or accounting advice. You should always consult your own tax, legal and accounting advisors before engaging in any transaction.]
Show Notes
Eve Picker is the founder of Small Change, a real estate equity crowdfunding platform. Small Change raises funds for meaningful real estate projects building better cities everywhere. Like Kickstarter for real estate—but with a return. Small Change matches developers to investors, providing investment opportunities for everyone who cares about cities and wants to make change.
Eve’s world has always been wrapped around cities and change. Her background as an architect, city planner, urban designer, real estate developer, community development strategist, publisher, and instigator gives her a rich understanding of how cities work, how urban neighborhoods can be revitalized, what policies are needed to do it, and the unique marketing that creates the buzz needed for regeneration.
Amongst Eve’s many urban (ad)ventures, she’s developed a dozen buildings in blighted neighborhoods, founded a non-profit, cityLAB, built Pittsburgh’s first tiny house, organized a speaker series, launched a Pittsburgh e-zine called PopCity, and established downtown Pittsburgh’s first co-working space. She also co-founded Pittsburgh’s wildly successful Open Streets program and now host a weekly podcast series about real estate impact investing.
[Legal Disclaimer: Preservation Maryland and its affiliates do not provide tax, legal, investment or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, investment or accounting advice. You should always consult your own tax, legal and accounting advisors before engaging in any transaction.]