Ross Minority Program in Real Estate Expands to San Diego
By: Julie D. Stern, managing editor, Development.
The University of Southern California’s Ross Minority Program in Real Estate — an executive education platform that equips women and minorities with critical real estate knowledge and leadership skills while also broadening options for investment in urban communities — is holding its first-ever San Diego program this fall.
Launched after the period of civil unrest in Los Angeles in 1992 and later expanded with a grant from longtime real estate industry leader Stan Ross and his wife Marilyn, the program brings together individuals from a wide variety of backgrounds and perspectives to solve complex real estate challenges. It aims to increase diversity among future leaders in real estate while also teaching the fundamental skills needed to develop affordable housing, retail, mixed-use, office, and community facilities in underserved communities. Its mission is “to enable members of minority groups and those that invest time, talent, and financial resources in emerging communities to establish a foundation toward becoming leaders in real estate finance and development.”
The program has taught about 700 students who are now working in all aspects of the industry. These graduates have gone on to play roles in numerous commercial, retail, residential, and mixed-use developments throughout Southern California and across the nation.
With the support of a grant from the Price Charities, the two-week San Diego program will enroll up to 25 students from October 7 to 18. While the Ross Program has been held in San Francisco, this will be the first time it is held in the San Diego region.
“Each area of our state has its own unique set of challenges when it comes to real estate development and addressing the needs of underserved communities,” said Richard Green, director of the USC Lusk Center for Real Estate, the Ross Program’s academic home. “By coming to San Diego, we not only make the local industry more diverse, we increase its capacity to find development-related solutions to the unique challenges facing communities across the region.”
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