New Alliance Creates Roadmap to Equity in Commercial Real Estate
BETHESDA, Md. , July 16, 2021 |PRNewswire| -- The commercial real estate industry''s lack of diversity is glaring, and industry leaders agree that transformation is imperative. While minorities account for over 48 percent of the U.S. renter population, according to the U.S. Census, just four percent of real estate companies are owned by women or minorities. According to a study by Harvard University , minority-owned companies control only a little over 1.2 percent of all assets under management (AUM). To bridge this gap, Walker Dunlop has launched CRE United an alliance amongst industry heavyweights and minority-owned businesses dedicated to increasing minority representation and AUM. With member companies such as Fannie Mae , Freddie Mac , Camber Creek , Greystar , Kayne Anderson Real Estate , KKR , Pacific Life , Symetra , Manulife Investment Management , and Unibail-Rodamco-Westfield , the partnership covers all aspects of the Full story available on Benzinga.com
New Alliance Creates Roadmap to Equity in Commercial Real Estate
BETHESDA, Md. , July 16, 2021 |PRNewswire| -- The commercial real estate industry''s lack of diversity is glaring, and industry leaders agree that transformation is imperative. While minorities account for over 48 percent of the U.S. renter population, according to the U.S. Census, just four percent of real estate companies are owned by women or minorities. According to a study by Harvard University , minority-owned companies control only a little over 1.2 percent of all assets under management (AUM). To bridge this gap, Walker Dunlop has launched CRE United an alliance amongst industry heavyweights and minority-owned businesses dedicated to increasing minority representation and AUM. With member companies such as Fannie Mae , Freddie Mac , Camber Creek , Greystar , Kayne Anderson Real Estate , KKR , Pacific Life , Symetra , Manulife Investment Management , and Unibail-Rodamco-Westfield , the partnership covers all aspects of the Full story available on Benzinga.com