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Q&A: St. David's Center CEO talks about 'complicated' YWCA sale

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After a humble start decades ago in a church basement, St. David's Center has experienced rapid growth and is making big moves to address its space needs.
The article from Finance & Commerce discusses an interview with St. David's Center CEO Julie Sjordal regarding the complex sale of the YWCA's Midtown building in Minneapolis. Sjordal explains the intricacies of the deal, which involved multiple stakeholders and required careful negotiation due to the building's historical significance and its role in providing essential services. The sale was not just a financial transaction but also involved ensuring the continuity of services for the community, particularly for women and children. The process highlighted the challenges of balancing real estate development with social service continuity, navigating through regulatory hurdles, and maintaining the mission-driven ethos of both the YWCA and St. David's Center. The interview sheds light on the broader implications of such sales in urban settings where community services are intertwined with property development.

Read the Full Finance & Commerce Article at:
[ https://finance-commerce.com/2024/12/qa-st-davids-center-ceo-talks-about-complicated-ywca-sale/ ]