Talent Management

Increase retention by increasing engagement – focus on stretch, mobility and feedback

March 4, 2022: Increasing employee engagement through stretch assignments, office mobility and increased feedback and 1:1 conversations with managers is key to retention in 2022. Read more key takeaways from the Talent Management meeting.

What does DEI success look like? Answer = Defined hiring and promotion targets

Jan 21, 2022: Four of the top five goals of DEI policies within CRE organizations relate to defined hiring and promotion targets for underrepresented groups.

Diverse candidates feel over-targeted, pausing on moves

Diverse candidates are feeling over-targeted amid an incredible demand to hire women and people of color, and are often giving pause to efforts to hire them. Also, NAREIM’s first DEI Summit showcased 4 diversity-focused partners with strategies for hiring junior and entry-level talent.

50% back to office already - rest will return in New Year en masse

50% of managers are mandating return to office already, rest will return en masse in 2022; 3-2 expected to be the flex work strategy for the long-term. Read more about the Talent Mgt meeting

NAREIM Fellows - final 5 out of 68 nominations

The NAREIM Fellows Class of 2021-22 has been named - with five chosen from a field of 68 candidates from 11 graduate programs. All 68 resumes are now online.

Former LACERA RE head on DEI and an increasingly active LP-base

John McClelland, former real estate head at LACERA predicts LPs will get more active on DEI and collect more data - and will push for improvements over time among their managers.

Mandatory in-office attendance increasingly universal; most firms targeting 3-2 ratio post-Labor Day

Employees are largely mandated to return to the office, with 3 days in-office/2 days at home (3-2) the favored short-term strategy.

3-2 flex schedule becomes industry standard

Jan 24, 2022: 64% of investment managers are adopting 3-2 as a flex schedule in what is billed as the new “standard” for the industry. Firms are focused on Tues, Wed and Thurs in the office and are also rethinking the use of office space.

Diversity is a priority for majority of CRE firms, global benchmark reveals

Dec 16, 2021: 92% of CRE firms globally adopt a DEI program or initiatives to improve DEI in the workplace, with firms increasingly employing professionals dedicated to DEI or utilizing DEI committees, the first global CRE DEI Survey reveals.

Building a pipeline and the realities of DEI partnerships

Download the presentations from the NAREIM DEI Summit focused on diversity recruitment and the real-time challenges of building pipelines organically and with diversity-focused partners.

The impact of the war for talent on retention and total compensation

Download the Talent Management meeting presentations covering return to office realities, vaccine mandates, and total compensation trends post-Covid.

NAREIM Fellows: 5 finalists revealed

Class of 2021-22 strongest field yet – with a total of 68 candidates from 11 schools, up from 45 nominations in 2020.

60% of firms change return to office dates owing to Delta

Almost two-thirds of managers have changed their return to office dates owing to the Delta variant but not occupancy limits.

June is start of return to office for real estate investment managers

21% of managers earmark June as the date for most employees to return to the office, 26% look to July or August and third eye September for a majority return, says NAREIM Return to the Office survey.

3-2 flex schedule becomes industry "standard"

Jan 21, 2022: 64% of managers are adopting 3-2 as a flex schedule in what is billed as the new “standard” for the industry. Firms are also rethinking the use of office space, and removing equipment such as cells phones and black box hard drives.

2021 Resume Book launched - 470 resumes, 12 schools

The 2021 NAREIM Resume Book has launched: 408 pages, 395 resumes, 11 US schools in one book.

Target CRE's next gen at high school

Despite being a $16 trillion-dollar industry, CRE is still a relatively unknown career path among underrepresented high school students. The Real Estate Exchange (REEX) Program aims to address real estate’s lack of ethnic diversity. MIT's Kelly Cameron explain how.

DEI – across the CRE supply chain

Architects and engineers led the conversation around sustainability more than a decade ago, but when it came to DEI the industry had been left “flat footed”. NOMA presents to the A&E meeting.

Global DEI benchmark to launch backed by 7 leading Associations

ANREV, INREV, NAREIM, NCREIF, PREA, REALPAC and ULI join forces with Ferguson Partners to launch the Global Real Estate DEI Survey on September 8

27% of managers eye changes to carried interest allocations post-Covid

27% of managers could change carried interest allocation policies in the light of Covid – with the CEO expected to take the hit.