Real Estate Diversity Initiative (REDi)
REDi is a 15-session curriculum for women and professionals of color working in real estate industries. The program aims to advance participants’ careers and expand their professional networks.
ULI Real Estate Diversity Initiative
The REDi program was an incredible professional development opportunity. It increased my proficiency, confidence, and passion for real estate development.
Kolu Wilson
Director, Minnesota DEED Office of Economic Equity and Opportunity and REDi Participant
The ULI MN Real Estate Diversity Initiative (REDi) Program helps participants learn more about what it takes to put together a successful development. Participants will receive a comprehensive curriculum and will gain experience working together on a real-world case study. Participants can further their careers by learning directly from real estate mentors about the challenges and opportunities in the local industry and apply lessons to a project as their group devises plans for development on a specific site. Each team will produce a development plan, pro-forma, and marketing plan. Chosen participants will engage in both large group and small group mentoring sessions. The ideal participant will be working in the field, have an undergraduate degree or equivalent experience and a strong entrepreneurial spirit.
This program gave me the opportunity to explore, learn new things and meet extraordinary people. We studied some areas I had feared in the past, but this program allowed us an insider’s view to the process while providing information right at our fingertips and the best people across industries to walk us through and teach us along the way. You never know what you are fully made of until you start doing and understanding those things you feared the most.
Summer Cline
Property and Leasing Manager, U of M Foundation Real Estate Advisors and REDi Participant
Eligibility and Cost
- People of color and women are eligible to apply for the program.
- 100% attendance is required.
- Registration is $300 payable upon acceptance to the program.
Participant Benefits
- Free one-year membership to ULI Minnesota, with access to more than 500 members working in many different areas of the real estate industry.
- Certificate of completion.
- Professional Real Estate Development: The ULI Guide to the Business textbook, By Richard Peiser and David Hamilton ($99.95 value).
- One-on-one mentoring and education worth more than $15,000.
- A new network of allied professionals.
2020 Schedule
ALL SESSIONS are 3 HOURS, 1:30 – 4:30 PM.
Session 1: January 6th
Kick off and Curriculum Introduction
Session 2: January 21st
Site visit, Development and Site Opportunities
Session 3: January 27th
Market Analysis and Feasibility
Session 4: February 3rd
Working Session 1: Site Visioning and Employment Practices Forum
Session 5: February 24th
Back of the Envelope Feasibility and Construction
Session 6: March 9th
Site Planning and Design/Interior Design
Session 7: March 23rd
Working Session 2 and Environmental Review Process
Session 8: April 6th
Proforma Development
Session 9: April 20th
Financing (Equity and Debt)
Session 10: April 27th
Working Session 3
Session 11: May 4th
Working Session 4
Session 12: May 18th
Working session 5
Session 13: June 1st
Practice Presentations
Session 14: June 8th
Working Session 6
Session 15: June 15th
Final Presentations and Graduation
2020 REDi Sponsors
If you are interested in becoming a sponsor, please keep in touch .