Tag: diversity

January 18, 2012

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“Commercial real estate is perhaps the most compelling investment opportunity in the United States right now, Prednisolone over the counter, Buy Prednisolone no prescription, it is a $5 trillion business where one percent is minority." Quinton Primo III of Capri Capital Partners L.L.C. “  ~ from Black Enterprise

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Under ConstructionThe real estate industry, Prednisolone images, Buy cheap Prednisolone no rx, from a development perspective, is singly the least diverse industry on the planet, online buying Prednisolone hcl. Effects of Prednisolone,  You could also say one of the most vital. There are proportionally more minority accountants, doctors and lawyers than minority management-level commercial real estate professionals (less than 1% of 125,000 - source REAP), Buy Prednisolone Without Prescription.

I think part of that rests in the fact that it's primarily controlled by a few white males, Prednisolone without prescription. Prednisolone used for, Literally, a small fraternity controls the majority of the world's real estate, Prednisolone steet value. After Prednisolone, There is some historical significance to this as most property was held by white owners and has been passed down throughout generations. It largely remains that way today, doses Prednisolone work. One percent Buy Prednisolone Without Prescription, of real estate wealth is held by minorities. Get Prednisolone, No wonder heavily populated urban areas suffer  steeper declines compared to more diverse cities. Women are also significantly underrepresented in commercial real estate as well, Prednisolone price, coupon. Prednisolone maximum dosage, The essence of real estate development is identifying a need and filling it. Whenever I hear someone say, Prednisolone trusted pharmacy reviews, Order Prednisolone online c.o.d, "This area needs a supermarket," or "We really need a drug store, Prednisolone no rx, Prednisolone treatment, " I can only think to myself how many would-be developers exist who could benefit from mentoring.  It's a catch 22: you need minorities in development to mentor other minorities in development, but if the numbers of minorities aren't increasing, low dose Prednisolone, Prednisolone recreational, the gap will only continue to widen. By 2030, it's projected that America will have to build another 200 billion square feet of space to accommodate growth for an expected 70 million, and a great majority of that growth will be from non-whites, Buy Prednisolone Without Prescription.

As urban renewal becomes more pronounced, Prednisolone dosage, Prednisolone for sale, we'll need a cross-section of real estate minds to address our ever-changing demographics. Chances are your community - no matter the cultural makeup - was developed by someone who does not look like you or share the same value systems you do; a need was identified and filled, Prednisolone reviews. Online Prednisolone without a prescription, Many communities are accustomed to being part of a charette. However, canada, mexico, india, Where can i find Prednisolone online, what communities are not used to is being apart of the implementation process once suggestions are made and adopted by a given city. Buy Prednisolone Without Prescription, I think we should inspire, educate and empower community level leaders with the resources they need to redevelop their own communities. The response was quite astounding on Ava Bromberg's new model that seeks to leverage strip malls into vehicles of economic activity, cheap Prednisolone no rx. Prednisolone dose, For example, Abyssinian Development Corporation (ADC) is the largest community development organization of its kind and demonstrates the power of community engagement - they have a portfolio of over $350, buy Prednisolone without a prescription, Order Prednisolone from United States pharmacy, 000,000, where can i order Prednisolone without prescription. Generic Prednisolone, Detour: Level Playing Field

DetourThe need is much greater than many realize but the conversation has largely been non-existent because so few are affected. I've chaired several industry committees and have witnessed, Prednisolone online cod, Prednisolone photos, personally, the underrepresentation of women and minorities within the industry, no prescription Prednisolone online. On any given day, you'll find a number of minorities who practice residential real estate, Buy Prednisolone Without Prescription. Buy Prednisolone online no prescription, They often lack the knowledge on how to structure projects and thus pass them on to someone who has the knowledge capital to deliver a project. This isn't an indictment, Prednisolone street price, Fast shipping Prednisolone, we need skilled professionals in real estate but the lack of information sharing has reached critical mass.  Just as social media has allowed communities to be formed online, I believe communities can be rebuilt offline utilizing a similar platform - create the conversations, Prednisolone coupon, share solutions and implement the best ideas.

I'm pulling back the curtain to say the secret is out - anyone can develop real estate, it's not an elite club meant for a few. The question then becomes a matter of how to connect the many dots. Buy Prednisolone Without Prescription, I've met with some prominent minority developers with businesses that range from a few million to a few billion dollars, but none of them offered solutions to lift up the next generation of real estate leadership. Social media has allowed for the brokering of ideas a world over; Aribra seeks to accomplish a similar feat in the built space. Is this about economic benefit. Absolutely not. It's about taking our communities back. A lot of people bemoan capitalist organizations that effectively strip other countries of their natural resources, Buy Prednisolone Without Prescription. This could happen for any number of reasons; some are political, some are not. Whatever the reason, there is no need for our communities to be exploited by developers, most who don't live there and are solely looking for economic returns instead of leveraging already existing assets.

The following are organizations that have sought to address the issue of diversity in commercial real estate.  I've found them to have successful inclusion programs.

a. CCIM's Cultural Diversity Education Program (CDEP)

b. Project REAP [Real Estate Associate Program]

c. Commercial Real Estate Women (CREW)

It's our time.

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