First Year in Real Estate: So Far, So Great
Two weeks ago on a warm sunny afternoon, my fellow MBA colleagues and I were at the 2018 Graaskamp Center Spring Board Conference at the Ritz-Carlton Hotel in Chicago. While I was just turning around from looking at the beautiful lakeview outside of the conference room, I saw Goldie walked in. Goldie B. Wolfe Miller, once the head of the largest woman-owned commercial real estate firm, is a legend still active in the Chicago real estate industry. As a student proud to be receiving a scholarship award from the Goldie Initiative, I congratulated her on joining the Graaskamp center board and excitedly shared all the things I have learned over the last year. Goldie smiled and told me she wasn’t surprised at all, “You are studying at the Harvard of real estate.”
In case you missed it, The Goldie Initiative's Scholarship Application for the 2018-19 academic year is now open! Over the past several months, Goldie Scholars, Alumnae, Board Members and Staff have been actively recruiting students at area universities to apply for the prestigious scholarship program.
Events took place at numerous universities; information and photos from each event are posted below. Many panels focused on highlights from successful career pathways for women in the CRE industry.
A webinar about the Scholarship Application will be offered on May 21 for any applicants with questions about the process.
Goldie Scholars and Alumnae met with Penny Pritzker on April 26, 2018, over breakfast at her River Point office. Penny Pritzker is the founder and Chairman of PSP Partners and its affiliates, Pritzker Realty Group, PSP Capital and PSP Growth. From June 2013 through January 2017, she served as U.S. Secretary of Commerce in the Obama Administration. The meeting was arranged by Goldie B. Wolfe Miller, Founder and Chair of The Goldie Initiative, who often remembers being the only other woman in the room with Penny at many of their real estate dealings over the last 20 years.
After brief introductions, Goldie Scholars delivered personal value statements or "elevator pitches". Over the course of the academic year, Goldie Scholars have been working as a cohort to develop strategies for "getting what you want." Since networking has become an essential element of connecting with people who can directly or indirectly play a role in furthering your career, Leadership Development Programming has been focused on the personal value statement, which is the ability to make connections and effectively communicate what you do, the value you bring and where you are headed. Crafting, polishing and delivering a succinct and compelling Value Statement will effectively help others understand what you offer and what you want.
Both Penny and Goldie responded to the value statements with constructive feedback and lively stories from their own careers. Goldie Scholars absorbed the feedback with grace, and there were one or two stories they will surely never forget!
When Goldie Scholar Nora Boneham asked for Penny's call to action for the day, Penny responded with the advice that "women should help other women." Other advice included telling a quick story, considering your audience, improving presence, and knowing what are the 2-3 things you want your listener to remember.
The Goldie Initiative is thankful for the ongoing support by the Pritzker Realty Group as a sponsor of the Goldie Gala and looks forward to additional interactive sessions with Penny Pritzker in the future.
Connect Chicago, a Commercial Real Estate News publisher recently launched its daily digest of CRE news coverage of Chicago and the Midwest. In the Chicago section they promoted The Goldie Initiative's open scholarship application and links to apply.
See the article here.
In mid-April, Goldie Scholars participated in an interactive two-day Retreat focused on cohort-building, developing personal brands, and connecting with Initiative stakeholders at a purposeful networking experience. The program was the third of the three-part Leadership Development Series that took place over the 2017-18 academic year.
On a Friday evening, Goldie Scholars gathered with Mentors, Board and Committee Members at the Chicago Association of Realtors for a Facilitated Networking Reception. The Reception offered Goldie Scholars an opportunity to practice and share their Value Statements with important stakeholders in small group settings at a round-robin networking event. In a safe space, Goldie Scholars were able to practice their "personal pitches" and make edits to content and delivery based on constructive feedback. One participant remarked, "It was a wonderful opportunity to engage with our scholars and stakeholders on a deeper level."
Goldie B. Wolfe Miller receives inaugural "Legend" Award at Greater Chicago Food Depository's Commercial Real Estate Awards.
On March 15, 2018, Founder and Chair of The Goldie Initiative, Goldie B. Wolfe Miller, delivered an inspirational acceptance speech upon receiving the inaugural "Legend" award before almost 2,000 attendees at the Commercial Real Estate Awards. Chicago’s top architects, brokers, developers, property managers, interior contractors and design professionals gathered to mark the 30th anniversary of the Chicago Commercial Real Estate Awards Dinner, to both celebrate the outstanding achievements in all facets of the industry and to support the Greater Chicago Food Depository. Watch Goldie's inspiring speech below.
Goldie Initiative Mentor Task Force Member, Angela Aeschliman, Named 2018 Sustainability Advisory Board Chair for IREM
"The Institute of Real Estate Management (IREM) advisory board—run by IREM member volunteers—has named Angela Aeschliman, senior vice president of property and asset management at Des Plaines, IL-based The Missner Group, as chair for 2018.
Aeschliman has 25 years in the commercial real estate industry spanning residential, retail, office, LEED adaptive reuse and industrial management. She is a Certified Property Manager, a Certified Commercial Investment Member (CCIM), a LEED Accredited Professional and a licensed real estate broker. She is active in numerous professional associations including IREM, CCIM, National Association of Realtors, Northern Illinois Association of Realtors (NICAR) and the U.S. Green Building Council. Aeschliman is the immediate past president of the IREM Chicago Chapter #23, as well as a past president of NICAR and she currently resides in Naperville, IL"
Read the full article here.
Professional Women's Club of Chicago Spotlights Megan Abraham, Executive Director of The Goldie Initiative
"Real estate’s sales-based, lone-wolf business culture is one that can sometimes overlook the profit potential in doing things a different way. When young professionals come to this industry, often their “onboarding” is little more than receiving a few rules and pointing them to the marketplace to sink or swim. And when the professional happens to be a woman, the process is even more foreboding. Given these impersonal norms, many in the industry have begun actively seeking mentorship opportunities as a way to develop profitable skills."
Read the Commercial Connections article featuring Goldie Initiative Immediate Past President Karin Kraai and Goldie Alumna Sevara Davis here.