Shift Capital

The secret to strengthening place is to support great people and ambitious businesses. Nathaniel Mell - who started in a literal closet in MaKen Studios North - has not just built Felt+Fat LLC to be a great business but he is leading the way on the future of American manufacturing - one that knows that investing time and energy in multiple stakeholders - customers, employees, society and place - is great business. Nate could have left Philadelphia a few times in his trajectory. He certainly could have left Kensington for a "better" neighborhood and most people wouldn't have expected anything different. Maybe the economics would have been better if he had done so - or maybe, he wouldn't have had to deal with some of the headaches that come with doing business in a "tough" neighborhood. Instead, he recognized that building his business in Kensington was the story - it helped create the grit, the special ingredients that make his products soar. While Nate is leaving our MaKen community after going from the closet to a studio to a MUCH larger studio between our buildings, he will never leave the Shift Capital family. His decision to stay and continue to build in Kensington is a BIG deal. If you have read this far... then take a few more minutes to watch the video below and consider making an investment in the company. We don't have enough of these stories, so let's lean into Nate and Felt+Fat LLC so we can encourage the next business to follow. https://lnkd.in/eTPGRX9B

?? Join Our Team! ?? We’re looking for a skilled Development Analyst to support Shift's diverse projects by assisting with financing due diligence, closing processes, and analytical tasks to guide executive decisions and optimize project performance. Ready to make an impact? Apply today! https://lnkd.in/emiexvUD

?? Exciting Opportunity Alert! ?? We are seeking a dynamic Development and Investments Director to help to advance Shift’s mission to build just and equitable communities. Are you someone or do you know someone ready to join us? Visit the link below to learn more and apply. https://lnkd.in/eDnM_prD

SHIFT Capital, through its NextGen Impact Platform, is proud to announce the acquisition of the Dorado Village Apartments, an important housing resource for the neighborhood and for the broader Philadelphia community consisting of 81 units. Find the full press release here: https://lnkd.in/ekFYNgSV

Proud to partner?with?Lafayette Square and?Voyage Investments in support of meaningful impact?and investment in working-class communities?through our co-development of a new home for?El Centro de Estudiantes--Big Picture Philadelphia Learn more about it here: https://lnkd.in/gA2QzUXS

Always appreciative to The Philadelphia Citizen for providing space for a variety of voices, including ours. Time for us to get real about Kensington's capital needs ($1B+). Otherwise the hampster wheel is going to keep spinning. "The question then becomes: How can those of us in the public, private and nonprofit sectors ensure that this round of spotlight is different? How do we leverage the combination of optimism and allocation of city resources to actually turn Kensington into a thriving neighborhood? One that would attract national attention for a radically different reason — a comeback story for the ages. To get there, we need coordinated investment — $1 billion, at a minimum — to lift up Kensington’s existing assets, seed new economic activity and empower community members. Through a mix of innovative policy tools, cross-sector collaboration and political will, it is possible to give this neighborhood a chance to thrive." Big thanks to: Elam Boockvar-Klein (for the article assist) Other key mentions: Adriana Abizadeh and Kensington Corridor Trust, Dr. Bill McKinney and New Kensington Community Development Corporation (NKCDC), Impact Services, Càphê Roasters, BioAnalysis, LLC, HACE

Quite a property! Philly Cooks for Philly had the opportunity to tour the Shift Capital #hybriddevelopment site on North Broad in the #AlleghenyWest neighborhood. Broad City offers a unique opportunity for a business to achieve visibility, locate in a community with a ready workforce, and create impact for the residents of North Philly. Thank you, Ashton A. Simmons , Alex Robles , Antonio Wooten, and Frank Leon, for the great tour. Special gratitude to Shalimar Thomas of The North Broad Renaissance for initiating the invitation to "come on up and take a look"! #schoolmeals #economicempowerment David Crossed Kurt Evans Molly Riordan Office of Senator Sharif Street Tayyib Smith Jeff Hornstein Karyn Polak Darwin Beauvais Patrick Clancy Richard Binswanger Brian Murray Atif Bostic Sheila Ireland Donna Johnson Bullock Keola Harrington Stacy Holland, Ed.D. Melanie Cataldi

?? Exciting times ahead! SHIFT and Voyage Investments had the honor of presenting our upcoming projects to local small businesses, in collaboration with Greenline Access Capital, at FAME in MaKen Studios North. Huge thanks to Kersy and the team for bringing a crowd and an amazing spread of food courtesy of Cantina La Martina and Mamajuana Cafe!

Two years ago, while walking Downtown Detroit’s retail scene, a conversation during Economy League of Greater Philadelphia’s #GPLEX conference marked a new business connection. Today we’re proud to support Kimberly McGlonn, Ph.D. and Grant BLVD‘s next chapter as an integral part of our community at MaKen Studios. “Supporting Kimberley’s new workforce development endeavor, Skills Initiative, was a no brainer. This is why we are here. This is what we do everyday,” said Ashton A. Simmons, President of Operations Read more about the work they’re doing here: https://lnkd.in/ehuYkcTy

?? Exciting Opportunity! ?? We are seeking a Property Manager to oversee the operational and administrative aspects of residential, commercial, industrial, and multi-family properties. Join us in shaping the future of real estate and community-driven economic development in Philadelphia! Find more details here: https://lnkd.in/gkPx_4S6