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BuzzHouse: Compassionate capitalism and an innovative housing model in blighted communities
April 11, 2023 · Authored by Garrick Gibson
Baker Tilly's podcast series specifically for professionals in the multifamily housing industry.
On this episode of BuzzHouse, host Garrick Gibson is joined by a titan who uses her influence in the affordable housing industry for the greater good: real estate asset manager, investor, author, affordable housing solutionist and “compassionate capitalist” Marjy Stagmeier. Marjy speaks to Garrick about how she led her company, TriStar, to develop its sustainable housing model. She also talks about her efforts to forge partnerships to reduce tenant transiency, and her new book “Blighted.”
Special guest
Margaret Stagmeier, Founding Partner | TriStar, LLC
Marjy Stagmeier is an affordable housing solutionist and a champion of an equitable education-housing model, owning or managing over 3,000 apartment units. She is a founding partner of TriStar, a nationally recognized real estate investment firm in Atlanta. Stagmeier led TriStar to develop its sustainable housing model that targets blighted and marginalized apartment communities near failing elementary schools. In addition to creating equitable workforce housing, Stagmeier and TriStar’s pioneering partnerships with educators, medical professionals, municipalities, non-profits and foundations are reducing tenant transiency and improving outcomes through free after-school programs and summer camps, access to affordable health care and community gardening.
BuzzHouse hosts
Donald N. Bernards
Donald Bernards, principal in the real estate group with Baker Tilly, has been active in many aspects of affordable housing since 1999.
Garrick Gibson
Garrick Gibson is a principal with Baker Tilly’s development and community advisory practice. He has more than 15 years of experience, specializing in partnership tax concepts and tax incentivized real estate for development projects.
