June 2024

WELCOME!

We work to revitalize Philadelphia through training, mentoring, networking and providing financial resources to local aspiring developers. We are more than a bank, we’re a non-traditional, community-driven lender ready to see you succeed!

JUMPSTART HIGH SCHOOL

Pilot Program at Roxborough High School

While summer break is just around the corner, school’s in session for Jumpstart! This semester Jumpstart Germantown partnered with the wonderful staff at Roxborough High School to bring our training program into their school.


Fifteen 11th & 12th graders from Roxborough High participated in this pilot program over the last 6 months. Speakers included Jumpstart founder Ken Weinstein, as well as Jumpstarters Jhanel Wilson, Rhakeim Miller and Khalid Green. Students followed the Jumpstart curriculum while also learning about each speaker's journey in real estate development and participating in activities to bring the lessons to life.


Throughout the program students were introduced to career opportunities including architecture, construction, brokerage, development and finance. This partnership allowed students to garner an understanding of the vast career opportunities in real estate development. And because it's Jumpstart we emphasized the importance of developing with the community in mind, of removing blight, of collaboration and sharing resources... because we can do more together than we can do alone.


"As one of the few Academy based comprehensive schools in the city of Philadelphia, Roxborough High School is constantly seeking organizations that are open to working with our students. We believe that exposure to the world of real estate can completely transform the trajectory of our student's lives. We know that property ownership is the fastest way for our students to acquire wealth. Jumpstart Germantown has been a committed partner in introducing a variety of engaging speakers who were delighted to interact with our kids. We are fortunate to have an organization that works in the same community as our students. We are looking forward to establishing a long lasting partnership. Thank you Jumpstart Germantown!"


-Assistant Principal Julian Saavedra


We’re so excited to be working with Roxborough High School again in the Fall. And we're looking forward to expanding options for Jumpstart youth programming around the City.

UPCOMING JUMPSTART EVENTS



JUMPinar: How to Start a Project Without Any Money

Date: 6/12/24

Location: In Person (4701 Germantown Ave)



Jumpstart Think Tank

Date: 7/10/24

Location: In Person (4701 Germantown Ave)



JUMPinar: Permit Expediting

Date: 7/17/24

Location: In Person (4701 Germantown Ave)

Click Here to Register for Events

" I started the Jumpstart program nine years ago because I wanted to provide local residents with the opportunity to benefit from real estate development. Previously, it was hard to break into development unless you had a close friend or family member in the business. "


Ken Weinstein, quoted in Hidden City article

"Jumpstart Philly Cultivates Grassroots Developers"

JUMPSTART BORROWER HIGHLIGHT

Meet Russell

This month we're excited to spotlight Jumpstart graduate and borrower Russell Frederick!


After finishing the Jumpstart Germantown training program, Russell completed two single family renovations in North Philly with the Jumpstart loan program. He's now moved onto duplex conversions in West Philly, and work is currently underway on his fourth project with us.


Here's his quick tip for new developers:


"There will be many ups & downs throughout your development journey for sure. Don't be afraid to make mistakes, but be sure to learn from them. Ask a lot of questions and leverage your resources (inspectors, contractors and developers). Developers before you have gone through similar situations and would love to give guidance. Consume a ton of information and stay abreast of what's happening in your market. Stay the course and play the long game!"


Thank you Russell!

Russell Frederick (right) with Jumpstart Inspector Jordan Parisse-Ferrarini (left) during an initial inspection.

RESOURCES

DON'T MISS OUT:

Wealth of Information Online

Do you follow Jumpstart.Philly on Instagram? Have you subscribed to our Jumpstart Germantown YouTube channel?


Jumpstart Germantown and Jumpstart Philly have an abundance of valuable information for real estate developers - available at no cost! If you miss an in-person JUMPinar check out Instagram and Facebook for recap reels or posts. We also post about topics that affect developers - from permitting to insurance to securing your property. Click the images below and check us out today!

Jumpstart Germantown's updated YouTube channel has all our virtual JUMPinar recordings - some as video and others as podcasts. We've even created playlists to categorize the vast information. Pop in your earbuds and soak up the knowledge!  

JUMPinar Re-Cap:

Sustainability and Development


Nic Esposito, Founder and Director of Policy and Engagement of Circular Philadelphia, recently presented to Jumpstarters. Check out our recap!

ANNOUNCEMENT FROM JUMPSTART WEST PHILLY

Jumpstart West Philly Real Estate Meet-up

June 25th @ 5:00pm

Clarkville - 4301 Baltimore Avenue, 19143


This Real Estate Meet Up is for everyone at all levels of real estate and investing. Every Meet Up is free and no charge to attendees. The subject matter ranges from community development to affordable housing to renovation work to new construction and finance.


Send any questions, comments, or subjects you’d like to discuss to info@jumpstartwestphilly.com or bring them with you.


And save the date for July's meet-up:


Tuesday, July 16th at 5 pm.

Location: Renata Kitchen: 3940 Baltimore Avenue, 19143


. Contact Us!.

jumpstart@phillyofficeretail.com

(215) 247-5555 ext. 219

www.jumpstartphilly.com

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