March 12, 2020
Though commercial real estate is primarily male-dominated, women are building a solid presence in the industry. In an effort to determine to what extent this is happening, CREW Network is spearheading its 2020 benchmark study. Leadership of the international professional organization, which serves women in real estate, is encouraging men and women — CREW members and non-members — to participate in this research. The study questionnaire is available on CREW Network’s website; deadline for completion is March 31, 2020.
Results will provide information and insights on areas including compensation, career advancement and company structure. “A critical step in building a more diverse, equitable and inclusive industry is measuring it,” said Laura Lewis, CREW Network Chief Marketing Officer.
The seeds of the study were planted in 2004, when then-CREW president Deb Quok launched a research project to analyze how well women were doing in commercial real estate. “The first benchmark study was released in 2005, and laid the foundation for CREW Network to become the leading researcher on gender and diversity in our industry,” Lewis explained. The benchmark analysis is conducted every five years; the MIT Center for Real Estate is gathering the data for the current study, as it did in 2015.
Additionally, the 2020 questionnaire is being expanded to gather and analyze CRE diversity data. “The industry needs to start with a clear benchmark,” Lewis said, adding that the full study report will be released in September 2020.
For comments, questions or concerns, please contact Amy Sorter