Since real estate tends to be among the costliest budgetary items for nonprofit organizations, it is imperative that board members and staff make the right decisions. Of course, these decisions are seldom easy, and nonprofits can use all the help they can get in navigating a real estate industry that may be unfamiliar to them.
That’s where The Real Estate Council Foundation comes in.
For the last eight years, we’ve produced the Real Estate 101 For Nonprofits lunch series, and we’re gearing up for our ninth installment later this year. Comprised of five workshops starting in August and presented free of charge, these sessions take two hours each month to focus on the most important real estate issues nonprofits face.
Senior-level nonprofit professionals whose responsibilities include making real estate decisions are encouraged to apply. Third-party representatives, such as brokers, are not eligible to participate. Since space is limited, only one person per organization, per session, may attend. Selected attendees must complete four out of the five sessions, and organizations that complete the series will be recognized on our website.
Applications are due by June 22. Organizations will be notified of their admission to the program by July 6.
Here is the schedule of this year’s five modules:
- August 21: Real Estate Overview – Planning (Board Dynamics), Hiring a Broker, Selling and Leasing vs. Owning and Potential “Bumps”
- September 18: Becoming a Savvy Tenant, Buyer or Seller (Lease Agreements, Contracts, Title Policy, Survey, Appraisals, Environmental Studies and Property Condition Assessments)
- October 30: Site Selection, City Planning & Zoning and Gifts of Real Estate
- November 17: Design and Construction for Purchasing or Leasing
- December 11: Finding the Money – All the Various Sources of Funds
Sessions will be hosted at TREC’s office located at 3100 McKinnon St., Suite 1150, Dallas, TX 75201. Parking is free. Each session will start promptly at 11:15 a.m. and end at 1:30 p.m. Lunch will be provided.
If you have any questions, please contact Kelcey Hamilton.