Holistic scholarship program engages students, academic advisors with CBRE leaders
DALLAS, January 28, 2022–(BUSINESS WIRE)–CBRE Group and Project Destined have launched a first-of-its-kind program to help Black students connect their education with real-world experience in the commercial real estate industry.
Project Destined’s Historically Black Colleges and Universities (HBCU) Bridging Program, sponsored by CBRE, is a holistic approach that connects students with CBRE leaders and exposes them to industry career paths. At least 100 students from select HBCUs will receive scholarships to participate in the program each year, starting this spring. Leaders of select HBCUs will serve as academic advisors to help facilitate student participation.
“Through this program, Project Destined is empowering the next generation of black leaders in commercial real estate by providing the tools, knowledge and resources to prepare them for rewarding careers,” said Tim Dismond, CBRE’s Chief Accountability Officer. . “Through our global partnership, CBRE has access to a rich pipeline of future talent from underrepresented communities of color so that our workforce reflects the communities in which we live and work.”
The six-week gateway program provides students with more than 40 hours of first-hand exposure to careers in commercial real estate, including an executive speaker series with CBRE leaders, specialized workshops, and business development sessions. career. Students will focus on networking, using LinkedIn, technical skills, such as financial modeling and ARGUS, as well as interview and presentation skills. Participating Academic Advisors will receive a scholarship and collaborate with Project Destined to share program resources.
“Too many groups have felt more victims than participants in the change through real estate in their communities,” said Cédric Bobo, co-founder of Project Destined. “This partnership gives us a chance to demystify real estate, create a pathway and provide the necessary education. CBRE’s incredible global network will create great opportunities for these students.”
At the start of the pandemic in 2020, CBRE launched a partnership supporting Project Destined’s 8-week virtual commercial real estate internship program, part of the company’s multi-faceted effort to hire and develop diverse talent. More than 350 students have been trained under the program, resulting in 76% of participants landing jobs or internships. The HBCU Bridge program partnership is part of CBRE’s community impact initiative announced in December 2021.
About CBRE Group
CBRE Group, a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving customers in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; assessment and evaluation; real estate leasing; strategic advice; real estate sales; mortgage services and development services. Please visit our website at www.cbre.com.
About the intended project
Project Destined is a leading social impact platform that provides training in financial literacy, entrepreneurship, and real estate. Project Destined partners with businesses, schools, and nonprofits to deliver training using its proprietary e-learning platform and live courses. Project Destined uses a work-based learning approach where students work with executives to evaluate live offerings in their community and pitch them in a pitch competition to industry leaders. Researchers emerge with the skills, confidence, experiences and networks that prepare them to land a solid first job and become active in their community. For more information, visit projectdestined.com.
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