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DePaul/ULI Chicago Sentiment Report Spotlights Importance of DEI

Key leaders in Chicago’s commercial real estate industry believe that initiatives focused on Diversity, Equity and Inclusion (DEI), one of the most common and appropriate topics of conversation in business and commercial real estate today, must be designed to drive meaningful, lasting change and create opportunities in markets where companies operate. 

According to the Chicago 2022 Mid-Year Sentiment Report by The Real Estate Center at DePaul University and Urban Land Institute Chicago District Council, CRE professionals say their firms thoroughly embrace DEI with more than 77% either having a formalized DEI program (48.7%) or, in the absence of a formalized program, have enacted policies and initiatives to improve DEI within the firm (28.8%). 

“The importance of DEI is reflected in the prevalence of the discussion,” said Molly McShane, CEO, The McShane Companies. “The importance of diversification, equity and inclusion is clear. With it, we are more creative and we perform better because it adds more quivers to our bow.”  

She added, “The path to get there is a lot less clear.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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