Frolic
www.frolic.communityUsing a development model we designed at MIT’s Center for Real Estate, Frolic partners with property owners facing displacement and co-develops their lots into multi-family cooperatives. Our projects range from 6-10 units and are affordable to low-wealth, middle-income, first-time homebuyers. Our design ethos centers on nourishing relationships between residents - with generous common space and facilities for group meals, work space, and a guest room. The ownership and financing of our projects balances long term affordability with wealth generation through small down-payments, low monthly expenses, and equity growth. We launched in Seattle in 2019 and have two projects in development. Please reach out to us if yo u would like us to work with your neighborhood.
Read moreUsing a development model we designed at MIT’s Center for Real Estate, Frolic partners with property owners facing displacement and co-develops their lots into multi-family cooperatives. Our projects range from 6-10 units and are affordable to low-wealth, middle-income, first-time homebuyers. Our design ethos centers on nourishing relationships between residents - with generous common space and facilities for group meals, work space, and a guest room. The ownership and financing of our projects balances long term affordability with wealth generation through small down-payments, low monthly expenses, and equity growth. We launched in Seattle in 2019 and have two projects in development. Please reach out to us if yo u would like us to work with your neighborhood.
Read moreCountry
State
Washington
City (Headquarters)
Seattle
Industry
Employees
1-10
Founded
2019
Social
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