Real Estate Solutions
CAST supports building teams to navigate the rough and risky waters of real estate development for cultural and community facilities.
We primarily work with small to mid-sized nonprofits and individual artists or creative entrepreneurs
with a particular focus on organizations led by and/or serving communities of color who have endured systemic oppression and historical underinvestment, that have demonstrated positive impact in their communities.
We bring our experience, capacity, and relationships
to support our partners at the most opportune times for cost-effectiveness and project success.
We work to understand the priorities and needs of the artists or organizations
who request our support, assess what is needed financially and programmatically, and then develop a solution that fits where they’re at, organizationally.
Even if CAST is not the best solution, we will always do our best to offer alternative resources to support your next steps.
Our real estate services fall into two primary categories:
CounterPulse Groundbreaking, 2016.
Photo by Kegan Marling
Securing Space
Our suite of services focuses on securing, through acquisition or long-term lease, property for long-term community control. We design and structure projects to provide our partners with flexibility and options for the future, including the potential for ownership.
Performing Arts Workshop Co-Executive Directors Van Nguyen-Stone and Lorena Landeros tour the CAST team around the new Geneva Powerhouse.
Stewarding Space
Once a project has achieved stability and your programs are up and running, the work changes, but does not end. Our developing services focus on operating and positioning the real estate asset for long-term sustainability.
Modeling New Ways
A Secure Future
By purchasing a property, generally done jointly by CAST and an arts partner, and taking it off the market, your facility costs are more predictable and stable. This gives you time to plan and raise funds for your future acquisition.
Money from the partner’s purchase then gets recycled into a brand new CAST project that keeps or adds another cultural asset in the community.
We’re building a new paradigm in real estate
One where arts and culture has a permanent seat at the table with government, urban planners, and real estate developers.
