074 - Impact Led Property Developing with Richard Kennedy

In this episode Richard Kennedy talks about the model they have developed at Cornerstone Place where supported accommodation is eventually owned by the charity leasing the property. We discuss the importance of sustainable rent setting and how their approach of being impact led makes a difference. Richard’s mission is to use the power of business models and capital to create sustainable, positive social change. He has over 20 years of not for profit, social investment, corporate and hospitality experience with a strong track record in developing cross organizational and cross sector partnerships. Richard is an experienced multi company non-executive and executive director as well as a charity trustee and non-profit director. He has an MBA from University of Cape Town and London Business School including specialties in social enterprise, corporate finance, negotiation and organizational behavior. Richard has been investing in property for over 10 years and through Cornerstone Place brings together his passion for property with his deep rooted and spiritual drive to improve the lives of others. He lives in Sussex with his wife, Liz and their four children. The best way to get hold of Richard is via the website and our contact page: Home - Cornerstone Place Find out more - Cornerstone Place Lisa Brown became a property investor after a long nursing career. She initially developed heritage properties and then a chance encounter led her to discover supported living. She realized this was a powerful way to invest in property while creating homes for people with a support need. Lisa set about discovering why property investors struggle to let their properties to supported living providers and why providers struggle to find property to let. She has been educating people, raising awareness and working on solutions to this problem ever since. Lisa is the host of the Supported Living Property Podcast and YouTube channel and formed The Supported Living Property Facebook Group.    Lisa is founder of The Supported Living Property Network, a place for property investors and supported living providers to connect, build relationships and communicate about property they have available and/or need. Membership includes access to training courses, monthly training events and networking events and access to The Supported Living Property Network Conference. To find out how you can join The Supported Living Property Network please follow this link: ⁠https://www.supportedlivingproperty.uk/the-supported-living-property-network⁠ Lisa has written a free guide for you: If you are a property investor download this free guide to help you find providers to lease your property: ⁠https://www.supportedlivingproperty.uk/free-guide-for-property-investors⁠   If you are a provider who is looking for property to lease then download this free guide to help you find property: ⁠https://www.supportedlivingproperty.uk/free-guide-for-providers⁠  These interviews are also available as podcasts from your usual podcast provider, just search for The Supported Living Property Podcast. Please make sure you click the "subscribe" button so you don't miss an episode.