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August 30, 2021

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

Venue announced: The Arts District Comeback to be hosted at The Switchyard Sept. 14

The commercial real estate industry is aware of its lack of racial diversity, and many of its biggest companies say they are working to grow the pipeline of people of color into the business. But one oft-cited source of potential employees doesn't have the infrastructure to support that pipeline at present — not even close.

A review of current course catalogs from each of the accredited Historically Black Colleges and Universities found that none have a real estate major or concentration for bachelor’s or graduate degrees. Only 26 offer real estate-specific classes for credit, at least four offer non-credit continuing education classes, and two historically Black community colleges offer vocational programs in real estate.

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

The Hundred-Seven, an HBCU-focused nonprofit, lists three schools as offering real estate programs on its website: Lawson State Community College, which offers a vocational certificate, and Allen University and St. Augustine’s University. Allen doesn't list any real estate programs or courses on its catalog; representatives for the school…

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LA Is Trying To Plan For A Big Downtown Housing Boom. Can It Meet The Need?

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Downtown Los Angeles’ reputation and landscape have changed dramatically over the past two decades. In 2001, Downtown was barely beginning to show signs of transforming from a place for workers to commute to and from into a place where those same workers elected to live. The residential population of Downtown…

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WeWork Taps JLL To Lease 350K SF In LA

WeWork Taps JLL To Lease 350K SF In LA  

WeWork is looking to JLL to help the coworking giant fill about 350K SF in four LA buildings.  JLL announced Thursday that it would be the exclusive broker for the coworking company for roughly 122K SF at 222 Pacific Coast Highway in…

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Cities Need Office Workers. Do Office Workers Still Need Cities?

Bisnow's new podcast series, Office Politics: The Battle For The Future Of Work, is an in-depth examination into the raging debate surrounding when and where we work, and how that will affect not just how we use offices, but the operation of society itself. Featuring academics, authors, business leaders and workers, weekly episodes will look at how the potential shift to more remote work will affect productivity and the economy, social equality and workplace diversity, human psychology, the fight against climate change and the future of cities. You can subscribe on iTunesSpotify and Amazon Music.

As the end of summer brings the potential for a more significant return to the office by workers, big cities like New York and London are facing one of the greatest ever challenges to their economic model — hybrid work.

The idea that workers might only come to the office two or three days a week presents a major problem for the businesses in city centers that rely on them, business owners told Bisnow in the fifth and concluding episode of Office Politics: The Battle For The Future Of Work, a podcast series presented by Industrious

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This Week's LA Deal Sheet

This Week's LA Deal Sheet  

The Amidi Group announced the opening of 1027 Wilshire, a 10-story expansion building for the adjacent TenTen Wilshire tower, which it also developed.  The new building holds 376 fully furnished live-work units and features an 88K SF rooftop, advertised as the largest in America, with trees and green space, a…

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ViacomCBS Looking To Sell CBS Studio Center In The Valley

ViacomCBS Looking To Sell CBS Studio Center In The Valley  

ViacomCBS is taking steps to sell off a sprawling Studio City property composed of soundstages where classic and contemporary shows were filmed, studios for local TV stations and CBS' West Coast network headquarters. CBS CEO George Cheeks told employees in a memo that…

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