The 2015 REDI is a partnership of: Facts About… The 2015 Real Estate Diversity Initiative (REDI) The 2015 REDI Program Is For you, if… • You are a minority or woman interested in real estate • You want to know more about what it takes to be a real estate developer • You want to add real estate and development skills to your current career Just hear what our graduates have to say about the program… “REDI helped to open up the Denver development world for me. I gained the skills I need and have been following up on all the introductions made.” -- Jennifer Johnson (2014) “The REDI program piqued and motivated my interest in creating relationships in Real Estate Development. I credit REDI for a new construction condo development project consisting of 200 plus units which I am working on.” --Danny Rubio (2014) “The REDI program served as a launch pad for my transition into Real Estate Development. The team I was part of was dynamic and included pertinent players in every field required to put a project together.” -- Ivan Anaya (2013) In Denver Mayor Michael Hancock’s words… “With development activity clipping along at a strong pace in our city, it is important to ensure that we have real estate professionals who reflect the needs and the diversity of our neighborhoods. The city is proud to continue partnering with ULI Colorado on this important initiative.” 2015 REDI History… Started in 2009, REDI is a partnership between the Denver Office of Economic Development (OED) and the Colorado District Council of Urban Land Institute (ULI Colorado). The goal of the program is to help increase awareness of opportunities in the real estate industry among women and minority groups. Over the past five years REDI has introduced 171 people to real estate development principles, concepts and implementation strategies. Who should apply… • Minorities and women are eligible • Have, at minimum, some knowledge of real estate concepts • Possess an undergraduate or associate degree • Have a strong entrepreneurial spirit. • Commit to attend 100% of the classes Program requirements… • Attend ALL classes • 2 to 5 p.m., Mondays from June through early November, every other week at a minimum • Pay a $250 fee if accepted to the program • Participate in program development and final class presentation • Complete and return a class evaluation How the program works… • Organizers select up to 36 participants from the applications • Three groups of 11 to 12 work with mentors , who are local developers;; learn development processes • Learn about city processes, pro formas, and finances in large group sessions • Determine what to build on 1.2 acres of land at Holly Square in northeast Park Hill and develop the project • Prepare and give a project presentation • Presentation evaluated by a team of ULI developers Program rewards… • Free one-year membership in ULI Colorado, with access to close to more than 1,100 members working in many different areas of the real estate industry • Certificate of completion • Real estate industry Continuing Education Units (if applicable) • Large and small group real estate mentoring and education worth more than $15,000 How to apply…. • Go to COLORADO.ULI.ORG to fill out an online application • Or print the application, complete and mail it to the address provided • The application requires you to share: • Contact information, ethnicity, education, last 3 employers, and a short essay, your preferences. • Need to have 2 letters of reference • Applications are due by 5 p.m., Friday , May 15, 2015 Application tips… Secure your reference letters! • You’ll need two • Ask people you work with, clients, people who know you well, professionally. Write a compelling essay • How will you use the information you gain through REDI? • What do you personally hope to gain from the experience? Give us your best contact information, either at work or home For more information: Contact: ULI Coordinator, Cindy Christensen 303-887-1115, christensen487@msn.com Or: OED Coordinator, Sylvia Smith 720-913-1602, sylvia.smith@denvergov.org Or: Visit www.colorado.uli.org The 2015 REDI program is made possible by these generous sponsors:
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