In an effort to foster industry diversity and uphold its mission to educate the future of New York City real estate professionals, the Fordham Real Estate Institute (REI) hosted the 2018 Project REAP (Real Estate Associates Program) initiative.
Eighty-four minority high school students from Pennsylvania, Colorado, Texas, New Jersey, Georgia and South Africa participated in the 12-day program at Fordham’s Lincoln Center campus.
According to Project REAP, less than one-percent of minorities assume management-level positions in the commercial real estate industry. This is less than 1,000 people of color in an industry with more than 125,000 professionals.
Project REAP aims to change this statistic by providing talented teens of color with early exposure to the commercial real estate industry. “We are proud to support this impactful initiative and help Project REAP introduce all that real estate has to offer to these inspiring students,” said Anthony R. Davidson, Ph.D., dean of Fordham’s School of Professional and Continuing Studies.
The 2018 Project REAP class was selected from a pool of 148 applicants through a rigorous screening, testing and interviewing process.