Join us in welcoming Paul Wasserman as our newest board member! With an extensive career in real estate and fundraising, Paul brings a wealth of expertise and strong passion for our mission. Paul recently spent 10 years as the Head of Portfolio and Asset Management for KKR’s real estate team. Prior, he was with Sculptor Capital Management (f/k/a Och-Ziff), where he was Head of Asset Management, overseeing the firm’s real estate funds and leading acquisition opportunities. His experience also includes acquisition and asset management roles at Time Equities, Inc., managing a diverse portfolio across the U.S. and Canada. We are excited to leverage Paul’s knowledge as we continue to develop high-quality educational facilities across the country. #WeAreCivicBuilders #SocialImpact
Civic Builders
Civic and Social Organizations
New York, NY 5,474 followers
Real estate will never be a barrier to an excellent education.
About us
Civic Builders is one the nation’s leading nonprofit lenders and developers, bringing high-quality educational opportunities to under-resourced communities through the development of public charter schools. Since 2002, the organization has supported the growth of 83 schools educating more than 42,500 students annually. Civic Builders partners with philanthropists and capital providers to design and manage affordable, new financing and development solutions for high-quality schools. Civic Builders achieves our mission of removing real estate as a barrier to an excellent public education by addressing the full spectrum of facilities and financing challenges public charter schools face. As a nonprofit organization with two decades of experience, Civic Builders’ portfolio represents $1.45 billion invested into economically distressed communities to ensure all students have access to safe, positive, and student-centered learning environments. For more information about Civic Builders, visit www.civicbuilders.org. How We Work: Our team’s extensive expertise in both real estate and lending enables us to provide a full suite of support to the charter schools seeking to find their permanent school facility. Financial Services We manage and deploy a variety of financial products that meet the unique needs of each school’s facility development project. In partnership with the Walton Family Foundation and PNC Bank, we developed and run the $300 million Facilities Investment Fund (FIF), providing 5-year fixed-rate loans for new construction, acquisition and facility renovation. We unlock public resources for great public charter schools by accessing affordable capital through the New Markets Tax Credit program and the U.S. DOE Credit Enhancement program. Real Estate Development We develop charter school facilities from start to finish; from site identification, financing, and development through construction to ultimate school occupancy; all on time and on budget.
- Website
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http://www.civicbuilders.org
External link for Civic Builders
- Industry
- Civic and Social Organizations
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Nonprofit
- Founded
- 2002
- Specialties
- Real estate development, Lending and Investments, Nonprofit, Financial Services, Charter School Development, New Markets Tax Credits, Senior and Subordinate Lending, Fund Management, Community Development, and Public Charter Schools
Locations
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Primary
Get directions
180 Varick Street
Suite 1414
New York, NY 10014, US
Employees at Civic Builders
Updates
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We’re incredibly proud of our Education Finance Analyst (EFA) Fellows Sarah Tate and Fatoumata Soumahoro for their exceptional presentations at yesterday’s EFA closing ceremony. The EFA Program is a collaborative effort between Civic Builders, Afton Partners, Charter Schools Development Corporation (CSDC), Self-Help Credit Union and Equitable Facilities Fund to develop high-potential, early-stage professionals to succeed in mission-driven roles. During the program, our fellows develop key skills and contribute to impactful projects that support high-quality charter school facilities. Congratulations to our talented fellows for all that they have already accomplished. We can’t wait to see the positive impact you will continue to make in the education sector!
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The Civic Builders team was so inspired by yesterday's ribbon cutting of Achievement First Linden Middle School's new building in East New York! We are proud to partner with Achievement First and support their commitment to excellence in education. We can't wait to witness the profound impact this new school will have on the surrounding community.
We were incredibly proud to celebrate the opening of Achievement First Linden Middle School's new building in East New York yesterday! This modern space represents our ongoing commitment to providing scholars with an environment where they can grow, learn, build community and create memories. We’re thrilled to continue our commitment to excellence in education in Brooklyn, and all of the communities we serve. Check out the full story from PIX11news for more details on this exciting milestone! https://lnkd.in/esNhbX2V Civic Builders Marvel PIX11 #education #brooklyn #charterschools #gofurthertogether #striveforexcellence
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The Civic Builders team had a great visit yesterday to Hyde Leadership Charter School, one of our partner schools, in Brooklyn, NY. We loved seeing firsthand the vibrant learning environment Hyde provides to its students, from dedicated teachers to hallways decorated with college pennants of alumni. We're so grateful to Hyde for welcoming us and showcasing the impactful work happening every day. We’re proud to work with such a remarkable school and look forward to continuing our partnership to create even more opportunities for students. #CharterSchools #WeAreCivicBuilders
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Civic Builders is expanding our fundraising efforts and we’re thrilled to welcome two talented professionals to our team! C. Olivia Sonnefeld Gooding, our Director of Growth Strategy and Development, strengthens and develops new partnerships, builds fundraising strategies, and diversifies Civic's network. With a diverse development background spanning over 10 years, she's previously grown philanthropic investment at United Way, Teach For America, and the American Heart Association. Her commitment to equity in education will drive further community support for Civic Builders. Oliwia K. (Karczmarska), our Development Coordinator, supports the growth of Civic’s funder network by helping to design and implement our external relations and multi-year fundraising strategies. Previously, she managed institutional giving and corporate engagement at an NYC nonprofit. We are excited to see the incredible impact both Olivia and Oliwia make as we continue to advance our mission and expand our reach.
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Civic Builders is honored to have been awarded a $60 million allocation of New Markets Tax Credits (NMTC) from the Community Development Financial Institutions Fund (CDFI Fund). This is one of the largest NMTC awards in Civic Builders’ history and will support the organization’s mission to spur transformative social impact by investing in high-quality public charter schools in the nation’s most economically distressed census tracts. This allocation will allow Civic to invest in public charter schools nationwide with 2,700 additional seats for students and 330,000 square feet of new or renovated space projected. We are proud to be among such an outstanding group of awardees and are excited to continue expanding our impact nationwide for many years to come. Click here to learn more: https://lnkd.in/eDwCZARH
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We are excited to welcome Aaron F. (Aaron Feldon) as our new Chief Financial Officer! Aaron will oversee all financial operations, including budgeting, investments, forecasting, reporting, and cash management. With over 20 years of experience in finance and operations at fintech, venture capital, and private equity-backed companies, Aaron is well-equipped to guide our financial strategies and support Civic Builders’ growth initiatives. #newemployee #CivicBuilders
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Meet Victor Rivera, our new Vice President of Lending at Civic Builders! With over 30 years of experience in the Financial Services sector, Victor leads our lending team, overseeing $100MM in annual loan production for high-quality charter schools in underserved communities. Victor's previous role was as Senior Vice President, Business Banking Senior Relationship Manager at Bank of America, where he focused on addressing the financial needs of communities in need. His commitment to community development and extensive experience in the finance sector make him an immensely valuable addition to our team. #newemployee #CivicBuilders
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Our 2023 Annual Report is now available, highlighting the launch of our three-year strategic plan, expanded services, and stories from several incredible schools we partner with, including Endazhi-Nitaawiging Charter School, Dr. Howard Fuller Collegiate Academy, Achievement First, REACH Academy Charter School, and Classical Charter Schools. As we reflect on last year’s achievements, we extend sincere gratitude to our partners, donors, staff, and supporters. Together, we’re empowering high-potential, diverse charter schools to thrive. Read the full report and discover how we’re making an impact: https://lnkd.in/etR9-CyV #WeAreCivicBuilders #CharterSchools #CommunityImpact
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Great to see REACH Academy Charter School, a Civic Builders partner school, featured in Yahoo News as they kick off the school year in their newly renovated building! Wishing all students and educators a smooth and safe transition back to the classroom. Here's to a fantastic school year ahead in a space designed for success! https://lnkd.in/gwkdve3M #BackToSchool
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