Ben McAdams: Marrying public real estate and private capital (podcast)

As  mayor of Salt Lake County a decade ago, Ben McAdams was frustrated that  there wasn’t $500,000 in a $1.3 billion annual budget for a promising  early childhood education program (instead he helped craft one of the  country’s first social impact bonds).  But an effort he led to map the value of the city’s underutilized real  estate yielded an impressive number: at least $15 billion, and up to $45  billion if properties are developed thoughtfully. “I found out there is  actually money under our mattress,” McAdams tells David Bank on this week’s Impact Briefing podcast. “It's real estate that is just forgotten.”