Blighted: A Story of People, Politics, and an American Housing Miracle

Dubbed ?the compassionate capitalist? by the media, MARGARET "MARJY" STAGMEIER is an affordable housing solutionist and a champion of an affordable-housing education model successfully piloted within the nonprofit she founded, Atlanta-based Star-C Programs. Stagmeier has purchased, renovated, and managed more than 3,000 legacy apartment units for the past eight years as cofounder of Tristar, a nationally recognized real estate investment firm in Atlanta. Stagmeier led TriStar to develop its sustainable housing model that targets blighted and marginalized apartment communities near failing elementary schools. In addition to creating affordable, quality workforce housing, Stagmeier and TriStar’s pioneering partnerships with educators, medical professionals, municipalities, nonprofits, and foundations are reducing tenant transiency and improving outcomes through free after-school programs and summer camps, access to affordable health care, and community gardening. A graduate of Georgia State University, she passed the Georgia CPA exam, is the former board chair of the Atlanta Community Food Bank, former vice president of the Atlanta Commercial Board of Realtors, and the author of Real Estate Asset Management: Executive Strategies for Profit Making. Stagmeier also is active in HouseAtl and other organizations dedicated to equitable housing. She lives in Atlanta with her husband, John. Her goal with Blighted!, Star-C, and, increasingly, with TriStar’s work is to create an equitable housing-education movement, starting with and always improving upon the open-source model presented in this book.