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Comprehensive fiscal sponsors offer nonprofit homes to mission aligned programs, which often require facilities and real estate as an essential operating resource. Beyond conventional leasing relationships, sponsors are being asked to take ownership of real estate on behalf of projects. Yet, most fiscal sponsors are not staffed or resourced to manage real estate as an asset class, which entails different approaches to capitalization and day-to-day management. Join us for a conversation on approaches that fiscal sponsors can take in supporting projects with bricks and mortar ambitions.
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