Girls in CRE: Are there more due to diversity incentives??

Different depending on where you work and are located but have you seen a spike in females getting offers over dudes or is it just me?

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Oct 18, 2021 - 4:27pm

Cannot_Stop

This post pretty much sums up the vast majority of women in college business programs. They all want to be in fashion, art media and consider finance/real estate too boring.

Even I think it's boring but it pays the bills and let's me do exciting things on the side

  • Analyst 1 in RE - Comm
Oct 13, 2021 - 10:35am

My team was looking to hire a female experienced analyst a while back, we struggled to find candidates with (some) previous RE experience; so I guess it's still a male-dominated field

  • Analyst 1 in IB-M&A
Oct 13, 2021 - 11:03am

Real Estate is a cockfest, and most of the top females at my undergrad b school weren't going for real estate outside of REPE at BX/STWD/KKR, and even then preferred Corp PE

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Oct 13, 2021 - 1:06pm

A lot of pressure from clients (pension funds, endowments, etc.) pushing for more diversity on our investments team right now...

If you're a female looking for a job and you have a college degree, you can basically get any job below VP/Director that you could possibly want right now in real estate. 

Double points if you're a female minority.

No better time to be a female/non-asian minority in real estate right now. 

Oct 13, 2021 - 2:24pm

Heard that 40% of the new hires at CW have been women for the past few years…sooo pretty much what I'm banking on right now. If you have any suggestions on where to look, that'd be much appreciated.

Oct 13, 2021 - 2:45pm

literally any big name institutional shop right now is pushing diversity explicitly. the bigger / more institutionalized the company, the better for females. 

you'll likely not get a push from the smaller 5-50 people shops, but the big ones, it's open season for female hires. 

Oct 13, 2021 - 4:46pm

Guess I will be keeping my family office capital in house.  At least that way I know it won't be sent out to shops that are pushing diversity potentially over competence.  Not to say that competence will be lower, but that is something only time can tell.  It always amazes me that these firms are so open about it.  If you want to hire diverse staffs just do it behind closed doors.  That way you don't have a people internally wondering if the new person is a complete dunce that was hired to fill a quota. 

Oct 15, 2021 - 7:06am

Honestly it's real estate and the work isn't that difficult, more than enough qualified undergrads from every demographic if you actively pursue diversity (actively recruit at women in real estate industry groups or majority Hispanic and Black cities/colleges). And the benefit of a diverse team over a homogeneous one is well researched and documented 

Oct 15, 2021 - 10:25am

There is nothing wrong with diverse teams.  Where there is an issue is when the diversity is forced.  Not because I think the quality of the team will be any different.  Rather because the team internally becomes more suspicious of itself, which is actually far more of a drag on performance than merely having an underperforming member.

Oct 13, 2021 - 10:11pm

Female here. Work at one of the big three brokerages, the market I'm in is about 30% female while the actual brokers there are about 15% female. Worked my ass off networking and reaching out to 192 people (to be exact) on Linkedin for 18 months and during a global pandemic while polishing myself to be the best I could for the firm I am at now. Wouldn't say I got to where I was today because of my sex but because I never quit. Making excuses on your sex is concerning - if you can't push pass the challenges of getting hired, how do you expect to handle the challenges of this business?

Oct 15, 2021 - 5:58pm

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Oct 16, 2021 - 3:27pm

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