Last night our Co-op launched its capital raise to buy The Hub Castlemaine for the community! Pretty chuffed with the turnout we got.
Now to see if we can raise the money... Our goal is to buy it for the community and take it out of the speculative property market for good. Members can buy debentures that are like a loan, paying interest each year and then paid back in full at the end.
The non-profit Co-op will own the building, so there's no "shareholders" to cash out in the future for a big profit and quick pay day.
Jamez Re!nert
"High Yield Pale Ale is a story in a glass—a symbol of what’s possible when co-ops cross sectors and combine their strengths." 
