“Inclusive” with Juli Kaufmann & JoAnne Sabir
About the Speakers:
Juli Kaufmann is a social entrepreneur and currently President of Fix Development, an award-winning Milwaukee, Wisconsin-based commercial real estate company.
Fix Development creates “quadruple bottom line” real estate projects that aim to have positive cultural, social, environmental and economic impact. Fix Development uses a place-based, market-driven Main Street redevelopment model that disrupts local commercial real estate and financing systems to support small local businesses that create entrepreneurial jobs. Using community-design, co-development, and crowd funding strategies, Fix Development catalyzes local economic opportunity and wealth creation, even in our most disinvested neighborhoods. Fix Development imagines an equitable city where all citizens can realize their potential. Juli has developed more than $25 million in real estate projects and is currently focused primarily in the Lindsay Heights, Sherman Park, Riverwest and Harambee Neighborhoods of Milwaukee, Wisconsin.
Juli is also co-founder of Fund Milwaukee, a local investment group that seeks to match unaccredited local investors with opportunities to support local entrepreneurs. The effort has raised over $1 million in local capital to date, funding dozens of local businesses like Purple Door Ice Cream and The Tandem Restaurant. Juli serves as Chair of the Board of Directors for 88.9 Radio Milwaukee, a local noncommercial cultural station where Milwaukeeans discover diverse new music. She is also a founder and Board Member of Bublr Bikes, Milwaukee’s bikesharing system.
JoAnne is also co-owner of the Sherman Phoenix a business launched to redevelop the former BMO Harris Bank at 3536 West Fond du Lac Avenue. Underway in 2016 and to be completed in 2018, the Sherman Phoenix redevelopment is a $4.7 million dollar entrepreneurial hub that will provide healthier food options, wellness services, along with arts and cultural activities to the Sherman Park neighborhood of Milwaukee. The project will restore a historic bank building that was burned in 2016 during nationally noted civil unrest. The project, co- developed by JoAnne Sabir, has secured 25 black-owned entrepreneurial business tenants and will create approximately 150 jobs, and has raised $4.1 million to- date from venture philanthropists and impact investors. Larger corporate partners (Palermo’s Pizza, Colectivo Coffee) are providing mentorship to start-up businesses. Up to 50 local neighbor investors have committed with a projected 6% annual cash return. Because of her tenacity, expertise and determination Sabir quickly earned a reputation for developing innovative projects. Sabir has a diverse background in real estate valuation, development, planning, strategic development, community development, fundraising, organizational development, analyzing financial projections, and project management. Because of her commitment to Milwaukee and its central city neighborhoods, JoAnne makes time to participate on many committees and boards. An accomplished and well-networked member of Milwaukee’s community and clearly one of its rising stars, JoAnne was acknowledged as one of Milwaukee’s emerging generation of leaders when she received the Business Journal’s Forty Under 40 Award. She was also honored by Biz Times as the Community Leader of The Year.