Big change.

<p><strong><a href="https://evepicker.com/big-change/" target= "_blank" rel="noopener">BE SURE TO SEE THE SHOWNOTES AND LISTEN TO THIS EPISODE HERE.</a></strong></p> <p><strong>Eve:</strong> [00:00:14] Hi there, thanks so much for joining me today for the latest episode of Impact Real Estate Investing. </p> <p>My guest today is Ommeed Sathe. Ommeed is Vice President of Impact Investments in Prudential Financial’s Office of Corporate Social Responsibility.  His unit manages a portfolio of $1 billion in impact investments.</p> <p>That’s a big number and it doesn’t seem like Ommeed is slowing down.</p> <p>Ommeed grew up in a family who felt public service, through work or volunteerism, “was fundamental.” And that has clearly rubbed off.</p> <p>Be sure to go to evepicker.com to find out more about Ommeed on the show notes page for this episode. And be sure to sign up for my newsletter so you can access information about impact real estate investing and get the latest news about the exciting projects on my crowdfunding platform, SmallChange.</p> <p> </p> <p><strong>Eve:</strong> [00:01:42] Well hello Ommeed, thanks for taking the time to talk to me today.</p> <p> </p> <p><strong>Ommeed Sathe:</strong> Absolutely, Eve, it's a real pleasure to be with you.</p> <p> </p> <p><strong>Eve:</strong> Well, that's great. So I wanted to start with your title, Vice President of Impact Investments at Prudential. What does that mean?</p> <p> </p> <p><strong>Ommeed:</strong> [00:01:59] Yeah, so I head up the company’s impact investing activities, and that's obviously one of those terms that kind of sounds OK, but it doesn't really necessarily clearly translate. But what it is, for us, is it's a portfolio of investments we've made that are trying to have both a financial and a social impact. And so they are genuine investments that try to make money, but we invest them exclusively in projects that we think have outsize social investments and in particular in the types of projects that our company and traditional capital markets would