Giving Back to the Community: Getting to Know Sharing Connexion

John Daskam

Share Post:

In January 2017, I joined the board of Sharing Connexion, Inc. (“SCI”), a non-profit organization founded by Ed Anderson, a real estate professional with 30+ years’ experience in acquisition, management, finance, and joint venture. SCI is devoted to sharing its collective real estate expertise with other non-profits and affordable housing organizations to empower their ability and capacity to support their missions. We aid our community partners by maximizing their real estate portfolios through funding assistance for existing facilities ensuring long term sustainability Additionally, we educate on the structure of donated real estate gifts to obtain the most favorable outcomes. SCI is committed to the long-term viability of affordable housing, and has created an impact fund which is used when “at-risk” projects are identified (those where displacement may occur based upon the loss or expiration of an affordable component (e.g. land use or rent restrictions) to provide options to achieve long-term affordability.

In late 2021, SCI launched an exciting new venture, Sharing Connexion Hawaii with the goal to support the creation of affordable housing in a grossly underserved market. Hawaii has the second highest 2-bedroom fair market rent in the country. In Maui County, the estimated average wage for renters is $15.80/hour, but the estimated wage to afford a 2-bedroom at fair market rent is $34.08 (National Low Income Housing Coalition, Out of Reach Report, 2021). SCI Hawaii has created strong community partner relationships, and together, we will begin developing affordable housing for a community in dire need.

Milgrom & Daskam is proud to support SCI, as well as many other non-profit organizations, in their collective missions.

You can learn much more about SCI by visiting our website at https://sharingconnexion.org/ 

ABOUT THE AUTHOR

PARTNER

John Daskam joined Milgrom & Daskam as a Partner in January 2019. He focuses his law practice on real estate and corporate law. His real estate practice includes acquisitions and dispositions, landlord-tenant matters, leasing, financing, development, and contract preparation and negotiation.

More Articles

Artificial Intelligence

Potential Issues and Liabilities of Using Generative AI for Legal Document Drafting 

In recent years, the legal industry has witnessed a significant transformation, with the integration of technology and artificial intelligence (AI) into various aspects of legal practice, and while it’s unlikely that AI will kill all the lawyers, one notable advancement is the use of large language models of generative AI to draft legal documents, even by non-lawyers. While this technology offers several advantages, such as increased efficiency and reduced costs, it also brings forth a host of potential issues and liabilities that both legal professionals and non-lawyers must carefully consider. In this article, we’ll explore these concerns and provide insights into mitigating associated risks.

Read More »
Business & Corporate Law

Oversold and Underwhelmed: Why the Ripple Decision Doesn’t Live Up to the Hype

If you follow the crypto space and read the headlines about the recent decision in SEC vs. Ripple Labs, Inc., you will be grossly disappointed by the delta between hype and reality. Crypto-promoters will tell you that Ripple “won,” that tokens are not securities, and that crypto can now go on to create the New Eden that will bring freedom and prosperity to everyone. Everyone except for the teeth-gnashing demons who work at the Securities and Exchange Commission, a.k.a. the Anti-Christ.

Read More »
Real Estate Law

Psychedelic Healing Centers in Colorado: Are Landlords Prepared?

In November 2022, Colorado voters approved Proposition 122, known as the Natural Medicine Health Act of 2022 (NMHA). This legislation decriminalized the personal use and possession of certain psychedelic substances, including psilocybin and psilocin mushrooms. Additionally, the NMHA established the legal foundation for healing centers – places where adults may consume and experience the effects of regulated natural medicines (such as mushrooms) under the supervision of licensed facilitators. Given the nascent stage of the psychedelic industry in Colorado, landlords and tenants to tread carefully in negotiating a commercial lease for space to be used as a healing center.

Read More »