Real Estate Accelerator Lab
The Real Estate Accelerator Lab (REAL), originally powered by ULI Cincinnati and LISC Greater Cincinnati & Northern KY, is an industry-supported program designed to educate and mentor the next generation of Greater Cincinnati real estate professionals.
The Real Estate Accelerator Lab (REAL) is an industry-supported program designed to educate and mentor the next generation of Greater Cincinnati real estate professionals. Program participants are chosen to bring together a diverse class with a focus on leadership and those typically underrepresented in the real estate development industry. The goal of the REAL program is to expand diversity of race, ethnicity, gender identity and experience in real estate development by offering a selected group the opportunity to expand their knowledge and build skills. Participants will develop a valuable network of fellow students, REAL graduates and industry professionals. Importantly, graduates will learn the building blocks of creating and sustaining thriving careers and communities.
Take a moment and watch the following video to gain perspectives from graduates, mentors and instructors of REAL 4.0. Click here for a video from the REAL 3.0 cohort and here for a video from our REAL 2.0 cohort.
The nine-month program is comprised of nine day-long program days. Each program day has a specific topic of focus.
2024-2025 Schedule*
1st Thursday of every month from 8:30 AM – 4:30 PM (exception for January 2025).
Orientation and Program Day 1 – September 5, 2024
Program Day 2 – October 3, 2024
Program Day 3 – November 7, 2024
Program Day 4 – December 5, 2024
Program Day 5 – January 9, 2025 (second Thursday of the month)
Program Day 6 – February 6, 2025
Program Day 7 – March 6, 2025
Program Day 8 – April 3, 2025
Program Day 9 with Project Pitches, Graduation & Capstone – May 1, 2025
The REAL Board is comprised of the following organizations and two graduates of the program. In addition, more than four dozen organizations are represented with instructors and mentors:
Catalytic Development Funding Corp. of NKY
Cincinnati Development Fund
City of Cincinnati
Common Sense Capital Solutions
Cushman & Wakefield
Fifth Third Bank
Gail Paul Communication Consulting
The Greater Cincinnati & Northern Kentucky African American Chamber of Commerce
LISC Greater Cincinnati & Northern KY
Huntington Bank
Ironsmith Development
JAKE Advisors
Moody Nolan
PNC Bank
The Port
Sanders Development Group
STNL Development
Terrex Development & Construction
Taft Law
ULI Cincinnati
Participants
Ideal participants are mid-career, Greater Cincinnati professionals who have a strong interest in advancing their career in the real estate profession. The program will be enriched by the diversity of participants which will include people of color, women, entrepreneurs, LGBTQ, non-profit and for-profit professionals. Select leaders with varying levels of familiarity with real estate development will create a myriad of experiences and perspectives.
Candidate Criteria
Cohort members are selected from a pool of applicants through a rigorous process of screening and interviewing.
- Emerging Leader: Individuals poised to assume leadership positions and/or have an entrepreneurial drive to create and foster real estate development in their communities
- Skills: Proficient knowledge of Microsoft Word and Excel
- Experience: Minimum 5 years of experience which may include education, work or real estate investment or a combination thereof
Application
Applicants are required to submit the following:
- Completed and signed application
- Short essays
- Resume or bio
- Willingness to adhere to REAL’s Core Values
The deadline for REAL 6.0 applications is midnight on June 30, 2024. There will be no exceptions to this deadline.
Tuition for REAL Participants
The Real Estate Accelerator Lab is a tuition-based program. The tuition cost for the 2024-2025 REAL 6.0 program for members of ULI will be $1,600.00. Tuition for non-ULI members for REAL 6.0 will be $1,875.00 and will include a 12-month Associate ULI Membership (provided upon graduation). Tuition is subject to change for the 2025-2026 REAL 7.0 program.
Tuition assistance through the REAL Scholarship Fund is available for qualified individuals, particularly those who are self-employed or work for a non-profit. Information about applying for tuition assistance is on the application.
For questions about the REAL program, contact ULI Cincinnati at [email protected].
Click here for a listing of REAL 1.0-REAL 4.0 program graduates.
Program cohort members of REAL 5.0 include:
Kamil Abdul-Rahim, Mil Mil Remodeling LLC
Kelly Adamson, Hamilton County
Keith Blake
Stephanie Collins, Westwood Works
Stephen Collins, University of Cincinnati
Damon Davis, Law Office of the Hamilton County Public Defender
Noah Derese, Constellation Insurance
Maria Dienger, City of Cincinnati
Cate Douglas, The Center for Great Neighborhoods Covington
Anthony Edmerson, West End Builders LLC
Stephen Ericson, Supreme Veteran Logistics
Sophie Ficek, Neyer Properties, Inc.
J.R. Foster, Robert Louis Group
Reggie Harris, City of Cincinnati
Tim Hillgrove, Hill Vision Properties
Sonya Jindal Tork, Taft Stettinius & Hollister, LLP
Constance Kang, Banana Capital Partners
Emmanuel Karikari, College Hill CURC
Kevin Lubwama, Cincinnati Development Fund
Clinton McIntosh, City of Cincinnati
Ann Mooney, Rising Moon Consulting LLC
Adison Nelson, Greater Cincinnati Foundation
Charles Nyame, Fifth Third Bank
Manasseh Robinson
Tamara Sullivan, Neighborhood Builds, LLC
Casey Terry, Greater Ohio Policy Center
Alicia Townsend, U.S. Bank Community Development Corp.
Tyla Ward, Renting Partnerships
Emily Wolf, NorthMarq
Michael Wolff, Hub+Weber Architects
Brenden Zenni, Messer Construction Co.
Lauren Zimmerman, Independent Contractor
How to Apply to REAL
Ideal participants are mid-career, Greater Cincinnati professionals who have a strong interest in advancing their career in the real estate profession. The program will be enriched by the diversity of participants which will include people of color, women, entrepreneurs, LGBTQ, non-profit and for-profit professionals. Select leaders with varying levels of familiarity with real estate development will create a myriad of experiences and perspectives.
Cohort members are selected from a pool of applicants through a rigorous process of screening. Applicants are required to submit a completed and signed application, short essays, and a resume and bio by the annual published deadline. A copy of the application for REAL 6.0 is available here. The deadline to apply for REAL 6.0 (2024-2025) is June 30, 2024.
How to Support REAL
The Real Estate Accelerator Lab (REAL) was launched in October 2019 as an industry-supported program designed to educate and mentor the next generation of Greater Cincinnati real estate professionals. REAL graduated its first class in May 2020 with the most recent graduating class in May of 2023. The cohorts have included Cincinnati region early and mid-career professionals who participated in a nine-month training program designed to expand the diversity of race, ethnicity and gender in commercial real estate and give participants the opportunity to gain technical skills and make deep connections to top local development executives.
REAL provides essential immersive training in commercial real estate development and investment fundamentals for women and people of color, who previously have been under-represented in the industry, especially in its higher-profile positions. REAL was created by the local chapters of Urban Land Institute (ULI) and Local Initiatives Support Corporation (LISC) and is supported by dozens of Cincinnati regional firms that represent all facets of commercial development, design, finance, and economic and community development. The financial and in-kind support goes directly to scholarships in the form of tuition, ensuring that the program remains accessible to those needing assistance.
The program has made Cincinnati stronger by the industry supporting future leaders, teaching deal complexity, finance, community engagement and other essential elements of successful real estate investing and development and confirming that real estate will build wealth.
If you know of an individual or company who is able to provide support to the REAL program, contact [email protected] for more information.
REAL Graduate and Cohort Resources
The following link will take alumni members of the Real Estate Accelerator Lab (REAL) to a password-protected page with resources and information to keep everyone engaged. If you are a graduate of the program and don’t have the password, click here