Program helps prepare minorities for careers in commercial real estate
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Compared to many other professions in the field of real estate employs few people in color. A program that is offered at the University of St. Thomas in the spring and summer, hopes that this situation is changing. With the support of industry and the community, which Shenehon Center for Real Estate, part of the Opus University College of Business, an offer of 13 weeks Commercial Real Estate Specialist program is designed for the training and recruitment of help people of color and careers in commercial real estate. This is the third year in which the Shenehon Center for Real Estate offers the program. “We do not have local statistics on the number of African American, Latino, Indian and other minorities in the real estate sector, but the Twin Cities area probably reflects the national statistics. I have read that 100000 professionals in the real estate industry in the United States industry, Less than 1% are minorities. This is well below the rate for other professions, including Jura, medicine, architecture and public accounting “, noted Dr Tom Musil, director of the Center for Real Estate at St. Thomas Shenehon . About 25 people are competitive, the 25 selected for the programme of the session, the May 1st court on July 29 at the St. Thomas’ Downtown Minneapolis campus. All participants will receive full scholarships. While the participants are not required to have completed a study, they should be a degree of higher education. Experience in real estate to be useful but not essential. “Materials, as part of the degree program are comparable to levels of real estate course work,” said Musil. The meetings are convened by volunteers, members are instructed in Opus St. Thomas College of Business and the Faculty of eminent experts in the industry. The program will provide up-to-earth in the band of ethics and economics of real estate, coverage and management of commercial real estate, real estate finance, trade and investment real estate and real estate development. In addition to the work, teaching and research tasks, the program, participants to potential employers, receptions and on the Internet. Graduates receive a certificate of completion. Participants in the program are selected on the basis of experience, education and motivation. “The selection is competitive,” said Musil. “Hopefully we have a good pool of candidates rounded, and, most importantly, we hope that the programme for the success of graduates in the field of real estate. They will be encouraged to contribute to others to follow in their footsteps, and “. “This is an excellent example of the Community-based partnerships, industry and academia, to solve a serious need to be in the market,” comments Dr. Christopher Puto, dean of St. Thomas’ College Opus of Business. “perfectly fits our mission of blending theoretical knowledge with practical applications to improve the success.” |