Over the last decade, the U.S. has experienced a housing market crash, a massive decline in the workforce, a healthcare overhaul, and an unprecedented effort to remake America’s failing schools. The nationwide picture is reflected across states in the U.S., and if we were to zoom in further, we would see that hundreds of communities in America are microcosms of the U.S. in crisis.
ReThink Community’s (“RTC”) mission is focused on lifting up American communities by investing in real estate that maximizes economic and civic growth. Investments are centered on neighborhoods that lack adequate education, housing, healthcare, and workforce opportunities.
By Investing in these four core real estate assets in neighborhoods that are undervalued and underserved, RTC seeks to improve communities from the inside out and have lasting impact on their constituents.
Prior to joining the ReThink team as Managing Partner of ReThink Community, Derwin Sisnett led an effort to revitalize one of the most distressed census tracts in the city of Memphis. With $5 million in private investments, the revitalization eliminated 24 acres of blighted apartments, acquired another 18 acres of land, and built a 450-student middle school, a performing arts center, and affordable housing.
This effort triggered the acquisition of the neighboring shopping plaza, which will now become the north campus of the 40+ acre mixed-used development anchored by a 500-student high school, a 600-student elementary school, a medical clinic, and a dental clinic. The revitalization effort did not invest $5 million in a school or a medical clinic; it invested in an ecosystem—and it is thriving.
Our theory is that it is not enough to invest in just brick-and-mortar: to see lasting, systemic change, we first need to see the interplay
of community assets—education, healthcare, housing, and workforce—as a singular unit and invest accordingly.