Title and Organization:
NANDO CASTILLO is the CEO and co-founder of RAÍZ Capital, a for-profit that transforms cities through sustainable urban-core revitalization. An architect by training, Nando has practiced design-build for 20 years and real estate development for 12 years.
RAÍZ is building a portfolio of iconic and undervalued downtown properties. Our first initiative involves Tegucigalpa’s Centro Histórico, which was founded over four centuries ago. By gradually redeveloping properties and reactivating the surrounding areas we aim to turn Teguz into a hub of renewed entrepreneurship, focusing on social inclusion, cultural development and economic empowerment of the working poor.
We are fueling our initiative through a sustainable, revenue-generating model, based on holding and operating our portfolio for at least 15 years. RAÍZ is a Delaware-based social impact venture, currently in the process of earning B-Corp certification.