Please provide a brief update on your progress toward your proposed CWB goals in the last reporting period:
Throughout the month of October, TREND and TREND CDC made significant progress on the acquisition of the Roseland Medical and Retail Center, located at 100-136 West 111th Street directly across the street from the Roseland Community Hospital. Built in 2007, the shopping center is just over 27,000 square feet and has 8 retail spaces. Tenants include Chicago Family Health Center, a community-based non-profit that provides healthcare services and programs, Cermak Immediate Care, a walk-in clinic whose services include primary care and dental services, Fresenius, a Certificate of Need renal dialysis center, and Roseland Pharmacy One. The property aligns with TREND’s investment criteria across four categories: demographics, location, tenant mix, and financial returns. TREND has negotiated an offer with the seller and the property is currently under contract. Throughout this reporting period, TREND has engaged legal counsel to review and negotiate the sale contract and conduct due diligence (financial, market, and leasing).
What constraints or limitations, if any, did you experience in the last reporting period?
N/A
What opportunities, if any, did you take advantage of in the last reporting period?
N/A
Did you establish new CWB relationships/partnerships in the last reporting period?
Yes
Please describe the relationships you established pertaining to your CWB work.
We have formally engaged SmallChange.co as our crowdfunding platform partner.
Did you collaborate with other TA providers in the last reporting period?
No
Which TA provider(s) did you work with?
Please share on behalf of whom / which projects you collaborated with the TA providers above:
Did you attend the Working Group meeting last month?
Yes
How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)
3
Optional Space
Community Area(s) (select all that apply)
Community Area | Participants Served in this Community Area |
---|---|
N/A - no participants served | 0 |
Race / Ethnicity of Participants (select all that apply)
Other Race/Ethnicity (please specify)
N/A
Gender identity of Participants (select all that apply)
Age Range of Participants (select all that apply)
How many sessions of one-on-one consulting to Community Investment Vehicles (CIVs) did you conduct this reporting period? (e.g. one group or individual with one training provider)?
0
How many group workshops for Community Investment Vehicles (CIVs) did you conduct this reporting period? (e.g. convenings, workshops, events, etc.) 
0
How many hours of support to CWB Pre-Development Community Investment Vehicles did you provide this reporting period?
0
How many hours of support to existing Community Investment Vehicles did you provide this reporting period?
0
How many co-op businesses did you develop last reporting period? (It's okay if the answer is 0)
0
How many total owners / founders were there in these businesses?
0
How many jobs were created overall last reporting period? (It's okay if the answer is 0)
0
Please list the Community Investment Vehicles you worked with this reporting period.
Other organization (please specify):
N/A
What type(s) of Technical Assistance did you provide to Community Investment Vehicles this reporting period? Select all that apply.
Did you provide education to any Community Investment Vehicles this reporting period?
No
What are the greatest needs that your Community Investment Vehicle clients/partners expressed in this reporting period?
N/A
What are the greatest gaps in service or resources in Chicago's CWB ecosystem?
Access to capital for acquiring and developing projects that can become community owned.
Please share any direct testimonials from Community Investment Vehicle clients or storytelling about the impact of your work this period:
Please upload media (document with testimonials, photos, or video links) from Community Investment Vehicle workshops or events held.