From Fast Company:
Commercial real estate has a diversity problem. The people who buy, sell, and manage commercial real estate in the United States are overwhelmingly white and male, with women making up only about a third of the workforce and only 2% of C-level positions held by Black men. A new effort is aimed at changing that—and changing the kinds of investments the industry makes.
To help those initiatives have a bigger impact, REEC has launched a new Diversity Partner Program, partnering with development companies, real estate groups, and other trade associations to set clear goals and guidelines for increasing diversity within their own ranks and for supporting vendor and supplier firms owned by people of color. The program’s first partners include global real estate firms such as Ferguson Partners and Nuveen, as well as the 19,000-member commercial real estate development association NAIOP.