"First, that it is not that complicated. Most of the information is out there. The process of acquiring, even the process of managing an asset-it's not rocket science. That doesn't mean that it's easy. It just means that it is easy to understand. It can be learned. Allison Wagstrom: I agree that it's knowable and that there are people who gatekeep the information. I mean, people are trying to make money, but there are a lot of places that will give you that information if you try to find it."
"RE: I also think that everybody needs to learn a little bit about it. I think that sometimes in our mission-driven space, we have a little bit of an aversion to it, because it's finance, it's transactional. It might even be against our political beliefs to own land and to hold it. But it's important for us to build at least a little bit of a skill set-maybe not to be experts, but enough so we can make good decisions and navigate the world."
Real estate knowledge is accessible and learnable; acquisition and asset management are understandable even if not easy. Real estate decisions must align with organizational mission and strategic planning. Some mission-driven organizations resist engaging with real estate due to finance, transactional concerns, or political beliefs about land ownership. Building basic real estate skills enables better decision-making without requiring full expertise. Community Development Financial Institutions and organizations like Propel Nonprofits provide practical information and support. Information gatekeeping exists, but many resources and people can share guidance if proactively sought. Developing capacity in real estate strengthens organizational stewardship and stability.
Read at Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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