ACRE Welcomes New Class of Minority Leaders for Successful Futures in Real Estate Development
Associates in Commercial Real Estate (ACRE) aims to change the face of development in Milwaukee
MILWAUKEE, (November 2016) – Twenty new students were recently announced for ACRE’s 26 week program designed to expand the representation of minorities in commercial real estate, property management, and construction management in Milwaukee. The program is administered by Local Initiatives Support Corporation (LISC) in partnership with the Milwaukee School of Engineering (MSOE), Marquette University College of Business, and the University of Wisconsin Milwaukee School of Architecture & Urban Planning. ACRE is an innovative program, which provides students with the necessary tools and networks to be successful in the industry. This year, the program is being managed by LISC Executive Director, and inaugural ACRE program graduate, Donsia Strong Hill.
“The ACRE program directly addresses the problems that hinder minority representation the Commercial real estate industry. By developing the knowledge of the industry and establishing personal networks, ACRE students will leave the program prepared to participate in significant development projects across the city. The program is crafted to advance highly-motivated professionals into committed leaders with an abundance of ideas and talents necessary to reshape the future landscape of Milwaukee. Building resilient communities is the LISC mission and ACRE serves as a pipeline to assist in bringing that idea to fruition,” said Donsia Hill.
The ACRE program curriculum has been further honed to reflect current market needs and trends, while also focusing on engaging the leadership potential of all. The program includes a collaborative framework which allows students to take a hands-on approach to development in the community, including experiential learning opportunities with the potential for actual development. Students are given the opportunity to meet and learn from top industry leaders and participate in related professional networks. At least one of their development project plans will be presented to a panel of industry experts at the end of the year.
“I’ve always wanted to lead development truly geared towards rehabilitating distressed communities for established residents through an artistic lens. I want to help redefine space, fuse new and existing resources and encourage diversity in Milwaukee’s longstanding communities,” said ACRE student Fatima Laster.
The 2016-17 ACRE class includes: Richard Badger, Rick Banks, Diane Beckley, Fatima Benhaddou, Francisco Bravo, Eferin Burns, Felix Castro, Deonna Chambers, Danita Graham, Bria Grant, Anthony Gray, Tameica Greene, Caleb Hutchins, Montavius Jones, Fatima Laster, Bobby Mcquay Jr., Abigail Ofori-Amoah, Luke Samalya, LaQuondra Shaw, and Joaquin Soto.
ACRE is provided vital support from the Mandel Group and The Opus Group. Cinnaire senior vice-president, Chris Laurent, is the lead instructor. Other industry leaders who support the program include: Continental Properties, Gorman Construction, GRAEF, Odgen and Company, WaterStone Bank, the Wisconsin Preservation Fund, and Compass Properties. Professional associations CARW, NAIOP, and IREM are also significant contributors.
About LISC: Local Initiatives Support Corporation (LISC) is the recognized leader in neighborhood development. Since 1980, LISC national has marshaled $9 billion from 3,100 investors, lenders and donors to foster the revitalization of more than 300 urban neighborhoods and rural communities. Since 1995, LISC Milwaukee has invested $100 million in the central city by mobilizing resources for neighborhood revitalization and investing these funds through grants, loans and technical assistance to neighborhood-based community development efforts. More information is available at www.lisc.org or www.lisc.org/milwaukee.
About Milwaukee School of Engineering: The Milwaukee School of Engineering is a private university located in downtown Milwaukee, Wisconsin. As of fall 2011, the university had an enrollment of more than 2,500 undergraduate and graduate students. www.msoe.edu/
About Marquette University College of Business: Marquette is a Catholic and Jesuit university located in Milwaukee, Wisconsin, that offers more than 80 majors in its nationally and internationally recognized colleges and schools.
About UWM School of Architecture and Urban Planning (SARUP): UWM/SARUP is a Center of Excellence in the University of Wisconsin system, and offers an extensive array of degree programs—BSAS, M.Arch, Ph.D., MUP and Coordinated M.Arch/MUP, matched by only 6 other architecture schools nationally. The Ph.D. program is one of only 23 in the nation.