May 15, 2025 - 11:32
Shifting demographics of religious observation, along with a growing affordable housing crisis and the difficulties of maintaining aging facilities, have prompted many faith-based organizations to reassess their land use. This trend has led to a significant consideration of how these organizations can monetize their properties without compromising their core values.
Attorneys specializing in real estate transactions involving religious institutions highlight the unique challenges that arise in these situations. Balancing business needs with religious priorities requires a delicate approach. Many organizations find themselves at a crossroads, needing to generate revenue while remaining true to their mission and community commitments.
As congregations shrink and maintenance costs rise, faith-based organizations are exploring various avenues, including leasing land for housing developments or commercial ventures. These decisions can significantly impact the community and require careful planning and legal guidance to ensure that the interests of both the organization and the community are respected.
June 6, 2025 - 02:54
Weekly Real Estate Update for Darien and RowaytonIn the latest real estate report covering the Darien and Rowayton areas from May 29 to June 5, 2025, the market continues to show notable activity. This week, several properties are generating buzz...
June 5, 2025 - 19:47
Upcoming Power Connections Conference to Showcase Kevin O’Leary in DetroitThe highly anticipated Power Connections conference is set to take place on June 24-25 at Huntington Place in downtown Detroit. This annual event is recognized as a premier gathering in the...
June 5, 2025 - 10:22
Cincinnati's Iconic Flatiron Building Up for Sale at Over $800KThe historic Flatiron Building located in Mount Auburn has officially been listed for sale for over $800,000. This unique architectural gem, known for its distinct triangular shape, has been a...
June 4, 2025 - 18:31
Surge in Active Listings Signals Seller Advantage in Richmond Area Real EstateRecent data reveals that active real estate listings in the Richmond area have reached their highest level since 2020, indicating a significant shift in the market dynamics. This increase in...