land bank

Soil investment institution

A land bank is an organization, typically governmental or nonprofit, that acquires and manages vacant, abandoned, or tax-delinquent properties to return them to productive use.

Land banks hold properties until they can be sold or developed, often to stabilize declining neighborhoods: The city's land bank demolished blighted houses and sold lots to developers.

Separately, to land bank is simply to hold land as an investment, waiting for values to rise.

Opposites
institutional mission/profit orientation

land bankcommercial bank

Deposit and loan institution

real estate investment trust · REIT · investment bank · payday lender · subprime lender

property management approach

land bankland speculator

One betting on property appreciation

slumlord · absentee landlord

market relationship

land bankgentrifier

One who displaces poorer residents

Family

land, bank, lands, banks, landed, landing, landings, landless, landowner

Familiarity
Top 500,000
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