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News, December 18, 2017

ARA is a Founding Patron of the PREA Foundation

ARA would like to announce that we are a proud Founding Patron donor to the PREA Foundation.

The PREA Foundation has been established by the Pension Real Estate Association (PREA) to further the interests and values of the institutional real estate community by advancing industry-wide diversity and inclusion.

The PREA Foundation has partnered with Sponsors for Educational Opportunity (SEO), which has a 35-year track record of success providing select educational and internship opportunities to college students from underrepresented backgrounds.

Support from the PREA Foundation will establish the first-ever SEO Real Estate Track, which is dedicated to increasing diverse employment in the CRE industry. This initiative will develop real estate specific training content, host real estate related clinics and events, and enlist partners to provide summer internships for program participants.  

Along with being a donor, ARA’s previously established NextGen internship program, which seeks to increase the role of women and minorities in the investment management and CRE industries, has committed to providing internship opportunities for participants in the SEO program. More information on ARA’s Next Gen Internship program can be found by visiting aracapital.com/what-we-offer.

ARA’s support of the PREA Foundation furthers our commitment to diversity as ARA believes in the power of diverse perspectives and backgrounds and embraces a dynamic mix of ideas and talents that create an inclusive work environment. We are dedicated to creating opportunities in institutional real estate investment management for all individuals who seek to advance their career and promoting a multicultural workforce where differences are valued, celebrated, and embraced.

To read more on the PREA Foundation visit their website, here: https://www.prea.org/foundation/

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