Owning financial assets is a major key to building generational wealth. More specifically, commercial real estate is a lucrative, wealth-building industry that continues to thrive in the U.S. Yet, for people of color, only 28% percent are real estate professionals and less than 4% are working specifically in commercial real estate.
To give you a better idea of the magnitude of wealth that’s possible for emerging professionals of color within commercial real estate, get this: In 2020, despite the economic crises the United States faced due to the coronavirus, the commercial real estate industry continued to grow to a $10.5 trillion industry. Yes, trillion with a “T”.
What better way to build generational wealth within the Black and Latino communities than to normalize an interest in commercial real estate among youth, and create pathways for them to make their real estate dreams a reality!
In this episode of the Ed Gap Evolution Podcast, we speak with Osa Bartholomew. Osa is the Chief Program Officer for the Real Estate Executive Council’s Real Estate Exchange Programs, including The REEX JumpStart Scholars Program.
The REEX JumpStart Scholars Program is a 2-week residential program for youth that focuses on developing a pipeline of high achieving, diverse students (current high school juniors) by providing exposure to the following:
- Entrepreneurship & Commercial Real Estate Fundamentals in “Masterclass” Modules as well as Small Group Cohorts
- Access to University Partners & their College Faculty/Admission Officers
- Experiential Learning through engaged instruction, site visits, case studies, etc. with other diverse students nationwide
- Engage with CEOs, Founders & Executives in Business & Commercial Real Estate
- Participate in Team University Competitions culminating in a National Competition
Sound like a great starting point for your child to shatter generational wealth barriers and soar? Oh, believe me, it is!
During this episode, we discuss:
- Commercial real estate as a generational wealth pathway
- Osa’s upbringing in Brooklyn, NY and Lagos, Nigeria
- Time management tips for the super busy, ambitious parent
- Ins and outs of The REEX JumpStart Scholars Program
- How to bring the program to your child’s school or directly to your child
- So much more!
Learn more about The REEX Summer Programs for your student here: https://reexprograms.org/
Email: obartholomew@reexprograms.org
LinkedIn: https://www.linkedin.com/company/real-estate-executive-council-inc/
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For advertising inquiries email: Mariah Phillips at edgapevolution@gmail.com
To learn more about the Ed Gap Evolution Podcast visit www.edgapevolution.com
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