Boston Neighborhood Community Land Trust
BNCLT is a community land trust with a focus on the Roxbury, Dorchester and Mattapan neighborhoods of Boston.
Avenue consulted to BNCLT as it sought to pursue acquisition opportunities and increase its portfolio of community-controlled affordable housing. Loryn helped the organization secure public and private financing and develop project management systems for property acquisitions, and continues to consult in project implementation.
Status: Ongoing
Multiple properties acquired
Acquisition financing secured
“Loryn Sheffner brings her talent to BNCLT as our Real Estate Advisor, working closely with our team to puzzle through pro-formas, sensitivity analyses, and our due diligence steps as we add small properties to our portfolio. Understanding and navigating the labyrinth of scattered site acquisition to propel our CLT mission has been an essential part of our practice as we evolve, and we are fortunate to have Loryn’s expertise and savvy. She brings resourcefulness, patience, diligence and an open mind to every leg of the journey.”