PIDC Talks Impact-Driving Real Estate Investments at Total Impact Summit 2022

This month, PIDC partner, ImpactPHL hosted Total Impact Summit 2022: Investing for New Economies. ImpactPHL is a 501(c)3 non-profit dedicated to growing the Greater Philadelphia region’s impact economy. The organization’s two-day summit provided an opportunity for individual and institutional investors, fund managers, and financial advisors to connect with aligned peers, learn about local and global innovations, discover investable solutions, deploy capital, and generate social impact. A range of topics were covered during the two-day summit, from integrated investments in local communities across the U.S. to global ESG (Environment, Social, and Governance) alignment. 

Day two of the summit featured a showcase of investable solutions designed to engage a wide variety of investors with a dynamic array of investable opportunities in the Philadelphia region. Ben Franklin and Investors Circle hosted a session titled Startups & Early Stage Impact Investing, Opportunity Finance Network presented a session on CDFI’s and community investment, and Built By Philly – a partner initiative of the City of Philadelphia‘s Department of Commerce, United Way of Greater Philadelphia and Southern New Jersey, and PIDC – hosted a session on catalytic financing for Philadelphia’s BIPOC entrepreneurs. 

PIDC hosted a session on impact-driving real estate investment which featured a diverse group of four rising stars on the local development scene. In this session moderated by Lawrence McComie, PIDC’s vice president of project finance, each developer made a 7-minute pitch on an impactful real estate development fund model or portfolio in hopes of fundraising capital. The pitches focused on the solutions driven forward by certain investments, such as racial equity, wealth building, access to resources, and more. Here’s a snapshot of our incredible presenters.