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 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 those who need them most. 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 hosts a Facebook Group where people can learn, network and discuss supported living. You can find out more about Lisa and how you can work with her at her website: www.lisabrown.uk Download your free guide to Supported Living Property here: https://lisabrown.uk/supported-living-property-guides-to-download/ To find the video versions of these episodes please go to: https://www.youtube.com/c/LisaBrownProperty Thank you for listening, please do leave a review and subscribe to keep up to date with future episodes