Lucia Oberste's Colleagues at Frolic Community
Lucia Oberste's Contact Details
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Oakland,California,United States
Frolic Community
Lucia Oberste's Company Details
Using 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 you would like us to work with your neighborhood.