Transformative.
NEIC looks for underutilized property in our community and raises capital from community members to buy and rehab commercial and residential property to improve our local economy. Our members have an interest in our tenants succeeding, thus leading to relationships that support our local businesses.
NEIC is committed to operating in a way that achieves the multiple bottom lines of sustainable economic development, local ownership of community assets, and a modest return on members’ investment.
NEIC is the nation's first commercial-property investment cooperative.