10 Carden Shared Space (10C) 42 Carden Community Bonds
Product Details
Product Name: 42 Carden Community Bonds
Overview: 10 Carden (10C) is the hub for community activators and changemakers in Guelph. We welcome groups and individuals into an inclusive community of social change organizations working across sectors and engaging in collaborative work to improve our community. Our tangible offering is effective downtown coworking and event meeting space and collaboration., We are offering a 3% and 4% Community Bond to enable the purchase and redevelopment of 42 Carden Street, a large 15,000 sq ft asset on the premiere street in downtown Guelph. As an investor, your investment earns you an annual return, is backed by a 2nd mortgage on the physical property and has a social impact., 10C is making space for community connections that foster: collaborations, new ideas, professional and social networks that build urban integration, resilience and establish the scaffolding for Guelph residents to work on complex issues together. All of these are important as Guelph (and other cities) grows in population due to provincial mandating, and also as challenges of urban living become more complex - water, energy, access to civic space, diversity, direct democracy and social inclusion. Our members span all sectors from environment, social justice, arts, education, entrepreneurship, and community development.
Issues Focused: Sustainable Cities and Communities
Asset Class: Private Debt
Geography: Ontario
Impact Measurement
IRIS 4.0 Social Impact Objectives: Access to Information, Capacity Building, Community Development, Employment Generation, Equality and Empowerment
IRIS 4.0 Environmental Impact Objectives: Energy and Fuel Efficiency, Sustainable Land Use
IRIS 4.0 Targets: Adults (>18 years old), Minority/previously excluded populations
Impact Evidence Type: Output Data: Report a selection of relevant investee outputs consistent with impact goals.
10 Carden Shared Space (10C)

Last updated by 10 Carden Shared Space (10C) on 05 Nov 17:30

Investment Details
Legal Structure: Secured Debt
Product Stage: Not Specified
Part of Series: Series
Investment Availability: Open
Minimum Investment: $1,000
Investor Eligibility: Institutional Investors, Foundations/Endowments, Accredited Investors, Retail Investors
Assets Under Management: $1M < AUM < $5M
Average Management Fees %:
Average Performance Expectations: 4% ≤ Expectations ≤ 8%
Performance To Date: At Expectations