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More Developers Are Being Philanthropic

SAN DIEGO—Concepts like Bosa Development's World Housing program are becoming more popular among developers as first-world countries get behind the idea of a giving economy, Bosa's Bemi Jauhal tells GlobeSt.com EXCLUSIVELY.

By Carrie Rossenfeld | Updated on December 02, 2015

SAN DIEGO—Concepts like Bosa Development’s World Housing program are becoming more popular among developers as first-world countries get behind the idea of a giving economy, the firm’s director of sales and marketing Bemi Jauhal tells GlobeSt.com. The developer, in partnership with World Housing, recently announced its plans to gift an entire community of 64 homes to house more than 300 people currently living in metro Manila’s slums. Every purchase of a home at Pacific Gate, the company’s latest residential building in Downtown San Diego, will trigger a contribution to World Housing from Bosa.  We spoke exclusively with Jauhal about this trend and how developers are getting on board the philanthropic bandwagon.

GlobeSt.com: Do partnerships like the one between your firm and World Housing represent an emerging trend in real estate?

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