In the News

July 19, 2021

Banneker Joins CREUnited to Create Equity in Real Estate

CREUnited – an industry-wide alliance, and the first of its kind – will break down systemic barriers for minorities, transform how we do business, and bring about lasting, sustainable change within commercial real estate.

The commercial real estate industry’s lack of diversity is glaring, and industry leaders agree that transformation is imperative. While minorities account for over 48 percent of the U.S. renter population, according to the U.S. Census, just four percent of real estate companies are owned by women or minorities. According to a study by Harvard University, minority-owned companies control only a little over 1.2 percent of all assets under management (AUM). To bridge this gap, Walker & Dunlop has launched CREUnited – an alliance amongst industry heavyweights and minority-owned businesses – dedicated to increasing minority representation and AUM.

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