Cornerstone (NI) Ltd

Firm Headquarters: Belfast, Northern Ireland

Date Founded: June 2015

www.cornerstoneni.com

This Page was Updated December 2019

Investment Approach

INVESTMENT THESIS

Cornerstone identifies opportunities to create a triple-bottom line of profit, social impact and spiritual impact. As an indigenous Northern Irish business with a heart for Belfast, Cornerstone seek off-market opportunities secured through its networks in areas that have been overlooked by property developers until now. With a city that is on a rapid growth curve and by financing the developments with a combination of private investment and institutional loans Cornerstone are able to deliver excellent returns for its investors who share a passion for bringing light to the dark corners of Belfast and seeing the Apartment Life model launched in the UK, Ireland and Europe.

INVESTMENT OVERVIEW

The Cornerstone team have many years of experience in Construction Management but have shifted their business model to retaining the assets to create more opportunity for social and spiritual impact as well as creating better returns for private investors. Cornerstone offer a range of investment opportunities and have partnered with Russell Bjorkman who is collating an international property fund. When developments are funded with a mix of private and institutional funding, deals are sought that provide investors with IRR’s that compare favorably with similar property deals.

Capital Raise Strategy

Total Properties Under Management: 1

Total Equity Under Management: $3 Million

% of Capital from Top 3 Investors: More than 50%

Financial Reporting Frequency to Investors: Quarterly

Strategy: Deal by Deal

Investments to Date: Under 10

Total Number of Investors: 10

Average Investment: $175,000

Minimum Amount: $100,000

Setup to accept charitable capital through the National Christian Foundation or other listing platforms? TBD

Focused Industries of Investment:

• Multi Family – New Development

• Single Family – New Development

• Commercial – New Development

Focused Geographic Regions of Investment: 

• Is all of your activity in the US? No

• What countries outside of the US are you active in? United Kingdom / Ireland

Company Differentiator: An exciting Kingdom Business, Cornerstone only consider projects that meet their social/spiritual impact criteria. With a focus on regenerating the areas of Belfast that were impacted most by the Troubles they seek to be a significant catalyst in Belfast’s ongoing renaissance as a successful Global City that attracts talent and capital from around the world.

Investment Example:

Investments have all been arranged on a deal by deal basis. Cornerstone welcome conversations with interested investors and partners and are happy to provide further information.

Previous or Active Portfolio PROPERTIES:

Leadership Team

• Cumulative Leadership Experience in Accredited Investing: 10-20 Years

Daniel Jackson | Managing Partner

Daniel is passionate about the potential for design and innovation in property development and construction to transform spaces, regenerate communities and enhance people’s lives and wellbeing. A champion of change and progression in the industry throughout Northern Ireland Daniel brings a wealth of insight and experience to every project from bespoke homes to city regeneration schemes.

Andrew Wallace – IMPACT INVESTMENT & COMMUNITY CO-ORDINATOR

Andrew’s professional and academic background revolves around the intersection between business and social impact. He is passionate about connecting people and organizations to issues where their resources can make a real difference.

Lauren JacksoN | Project Coordinator

Lauren is passionate about seeing the regeneration of cities which also has positive impact in building and restoring communities. She loves to create and design spaces that promote quality of life and are focused on the end user and their everyday lifestyle.

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Team and CULTURE

While not complete, one of the things investors have found helpful in the past is seeing how employees, customers have reviewed someone online. As of the date of completing this out …

• Glass Door Rating: Not available

• Facebook Review Rating: Not Available

Spiritual Integration and Impact:

Faith Driven Investing can span a wide range from high yield to concessionary returns that have a higher level of spiritual integration. Having clear expectations of this philosophy is key for the movement. Each investment is unique and you might want to select multiples but if you had to choose one quadrant that best fits your groups spiritual integration and financial performance targets … What would it be?

We offer investors above market financial return whilst having seeking to have high spiritual impact and integration. As we are a growing company with growing projects we currently would honestly say that there is medium Spiritual integration. However with each project and ‘Apartment Life’ style model we will continue to grow in Spiritual Integration and Social Impact.

Describe the Spiritual Integration Activities:

• Cornerstone’s model has been designed with intentional social and spiritual transformation in mind. We believe that God desires to see His Kingdom Come on earth and we seek to use Cornerstone to bring economic, social and spiritual transformation to the people and communities we interact with. The need for community as God intended is so key to Spiritual Impact and integration as well as overall wellbeing, in a society that struggles with an epidemic of loneliness. We are committed to an ‘Apartment Life’ model for our developments. This is an effective way of integrating Spiritual and Social Impact in each and every project/ development. Cornerstone will facilitate having an onsite ‘live in’ person or persons that links to a supportive and active local church to be a presence in a development. The live in individual will be discipled and trained and overseen by a Cornerstone representative, the individual will carry responsibility to engage with the community, be there for neighbors, facilitate ways for the community to connect, signpost to local church events and ultimately show the love and care of Jesus etc. Cornerstone appoints specific individuals in it’s team to also be focused on the Spiritual Integration of the companies vision outworked in all its projects and to think ahead and plan for the future as developments expand and the ‘Apartment Life’ model gets up and running in this part of the world.

Is Impact and Spiritual Integration Tracked?

• Yes

Are you partnered with any other organizations?

• Daniel is the current secretary and incoming chair of CBMC and is on the board of directors for Europartners and East Belfast Missions. Andrew is Head of Development of CBMC (Connecting Business and the Marketplace to Christ). Each of our team are connected to local churches that are driven by Spiritual Integration and Kingdom Work. Cornerstone has developed strong relationships with East Belfast Missions, The Church of Ireland and other local churches in the communities that we our engaged in.

A lot of Investing Conversations look at Social Impact related to the United Nations Sustainable Development Goals. Is there one of these that most resonates with your organization?

• (9) Infrastructure, Industry and Innovation (as we seek to develop cities and bring about regeneration of infrastructure and uniquely make a social impact and spiritual impact in these areas)

• (11) Sustainable cities and communities (Incorporating innovative and sustainable design in our projects and using a community building model in each of our developments to provide a greater sense of community whilst also working with the wider community to bring further integration and benefit.

• (3) Good health and wellbeing (by way of quality of living conditions and community)

WHY The FAITH DRIVEN INVESTOR?

• Why are you compelled to be certified and a part of the Faith Driven Investor Group?

  We are compelled to be certified and part of the Faith Driven Investor Group and develop our relationship with other like minded investors. We are passionate about investment that seeks to also have spiritual and social impact. The Faith Driven Investor Group is a group that shares the same passion and seeks to see The Kingdom of Heaven displayed in how we invest and do business. We hope to gain wisdom from those who have journeyed this longer than we have, build relationships, encourage one another and ultimately see Faith Driven Investment become established in Europe.

• Does the leadership align with the Unifying Principles on Faith Driven Investor and agree to the Code of Conduct? Yes

• Who nominated you to be listed on the FDI site? Pete Kelly, Apartment Life

AFFILIATIONS- Are you a part of any third party groups, affiliations that you would like to list here?

• Belfast Chamber of Commerce

• Member of Ireland Funds

• Apartment Life (Becoming the first Apartment Life partnership in the UK/Ireland and seeking to see the movement grow into Europe)

• CBMC and Europartners (CBMC Europe)

• Future affiliation – Board Member of Homes NI Lobby Group on behalf housing developers in Northern Ireland

Learn More

• Key Contact Name: Daniel Jackson

• Phone: +442895902857

• Email: daniel@cornerstoneni.com

• Mailing Address: Innovation Factory, 385 Springfield Rd, Belfast, BT12 7DG

• Twitter: Daniel Jackson @DanJackson_DJ 

• Facebook: https://www.facebook.com/cornerstoneni/

• Key Contact Name: Andrew Wallace

• Phone: +442895902857

• Email: andrew@cornerstoneni.com

• Mailing Address: Innovation Factory, 385 Springfield Rd, Belfast, BT12 7DG