From Finance & Commerce, June 7, 2013.
Women are slowly but surely expanding their roles in the commercial real estate industry, from brokers and property managers to CPAs — and yes — even CEOs. Yet the majority of women continue to bump into the glass ceiling in what remains a male-dominated profession.
“At the end of the day, if one-third of the commercial real estate professionals are women and only 4 percent are the top professionals, there is absolutely something that is not working,” said Collete English Dixon, a principal in transactions at Prudential Real Estate Investors in Chicago.
Across all disciplines, women are making it to the middle ranks such as vice president, but they are having a difficult time getting past that level, she said.