US EditionMontreal archdiocese launches real estate arm aimed at maximizing social impact
- The Catholic Archdiocese of Montreal announced the creation of the Roman Catholic Real Estate Corp. Of Montreal to address community needs amid rising homelessness.
- Stefano Marrone will oversee the new non-profit, which aims to leverage real estate for social benefit and heritage preservation, according to a church news release.
- Montreal executive committee member Robert Beaudry emphasized the need to repurpose church spaces in the fight against homelessness, stating that churches often sell at attractive prices.
- Archbishop Christian Lépine stated that while churches are willing to assist in crisis situations, they cannot solve the homelessness issue alone and need collaboration with community partners.
24 Articles
24 Articles
Montreal archdiocese launches not-for-profit real estate arm aimed at maximizing social impact
As Montreal grapples with growing homelessness, the Catholic archdiocese in the city is forming a new real estate arm that it says will help ensure any redevelopment of church properties addresses "pressing community needs."
The Archdiocese of Montreal Launches the Corporation Immobilière Catholique Romaine de Montréal to Steward the Future of Catholic Properties
The Catholic Church is redefining its legacy through social impact and real estate projects. MONTREAL, March 27, 2025 /CNW/ - The Archdiocese of Montreal proudly announces the launch of la Corporation Immobilière Catholique Romaine de Montréal (CICRM), an innovative not-for-profit entity dedicated to the strategic management of church properties with a focus on meaningful social impact and sustainable stewardship. This initiative marks the first…
Montreal archdiocese launches real estate arm aimed at maximizing social impact
MONTREAL — As Montreal grapples with growing homelessness, the Catholic archdiocese in the city is forming a new real estate arm that it says will help ensure any redevelopment of church properties addresses “pressing community needs.” The creation of the Roman Catholic Real Estate Corp. of Montreal, announced Thursday, is the first non-profit subsidiary created […]
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