{"id":1004648957,"date":"2023-03-02T10:27:46","date_gmt":"2023-03-02T18:27:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004648957"},"modified":"2023-03-02T10:27:47","modified_gmt":"2023-03-02T18:27:47","slug":"female-leadership-in-cre-where-we-were-and-where-were-going","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/female-leadership-in-cre-where-we-were-and-where-were-going\/","title":{"rendered":"Female Leadership in CRE: Where We Were and Where We\u2019re Going"},"content":{"rendered":"
\"Jessica

Jessica Fiur, Editor-in-Chief<\/p><\/div>\n

\u201cGirl power!\u201d<\/p>\n

\u201cLean in.\u201d<\/p>\n

\u201cWhen there are nine.\u201d<\/p>\n

We\u2019ve heard it. We\u2019ve been inspired. We\u2019ve shouted it from the rooftops.<\/p>\n

And it\u2019s 2023. But unfortunately, the glass ceiling is still very much a real thing for women. As we enter Women\u2019s History Month, we\u2019re reminded how far we have come as an industry, but also how far we still have to go.<\/p>\n

According to Fortune.com<\/a>, only 8 percent of CEOs are female. And a 2020 study<\/a> by the Pew Research Center showed that the U.S. gender pay gap has remained the same for 15 years, with women earning 84 percent of what men earned.<\/p>\n\n\n

\n
READ THE DIGEST<\/a><\/div>\n<\/div>\n\n\n

When you look at the commercial real estate industry, the numbers are even bleaker. The 2020 CREW Network benchmark study, “Gender and Diversity in Commercial Real Estate,”<\/a> found that women only make up 37 percent of the industry and occupy only 9 percent of the C-suite, and that women earn 10 percent less than men in salaried positions.<\/p>\n

It\u2019s \u2026 not great.<\/p>\n

The industry is<\/em> changing, though, and has made great strides toward equality with focuses on mentorship, leadership training and diverse hiring practices. And there are some great female executives who are doing important things for the real estate industry. Take, for instance, the very impressive women featured in Gail Kalinoski\u2019s article, \u201c10 Female Leaders in Commercial Real Estate<\/a>.\u201d Among them, CEOs, chief diversity, equity and inclusion officers, presidents and more. <\/p>\n

\u201cThere is still a need for stronger representation of women in senior management and decision-making positions,\u201d Terri Adler, managing partner at Adler & Stachenfeld LLP, told Kalinoski. \u201cBut trailblazing women in CRE are proving to young female professionals, and those still in school, that there are seats for them at the table.\u201d<\/p>\n

I hope these women inspire you all, and I hope the commercial real estate industry\u2014and the country in general\u2014keeps making strides to finally shatter that glass ceiling. And I don\u2019t know about you, but I am definitely ready to get in formation!<\/p>\n

Read the March Digest.<\/em><\/a><\/p>","protected":false},"excerpt":{"rendered":"

Women have made great strides. But the CRE industry still has a ways to go.<\/p>\n","protected":false},"author":443,"featured_media":1004401892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,21788],"tags":[],"class_list":["post-1004648957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-editors-notes"],"acf":[],"yoast_head":"\nFemale Leadership in CRE: Where We Were and Where We\u2019re Going - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/female-leadership-in-cre-where-we-were-and-where-were-going\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Female Leadership in CRE: Where We Were and Where We\u2019re Going\" \/>\n<meta property=\"og:description\" content=\"Women have made great strides. 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