Trammell Crow Company Commits $500,000 to Toigo Foundation to Foster Recruiting and Retention of Diverse Talent in Real Estate
June 21, 2022
Trammell Crow Company (TCC), a global development company and the largest developer in the U.S., announced a two-year, $500,000 unrestricted contribution to the Toigo Foundation in support of the non-profit’s mission and ongoing efforts to promote the recruitment and retention of minority talent within real estate.
TCC’s two-year, $500,000 contribution is meant to help Toigo achieve its mission of fostering career advancement and increased leadership presence of underrepresented talent in the financial/real estate industries. The partnership will include a variety of initiatives, including:
- The TCC Scholars Program: This program will provide a competitive internship experience to MBA students interested in a career in commercial real estate development. TCC Scholars who complete the internship and accept a full-time offer with the firm will receive up to $40,000 in scholarship funds.
- TCC will participate in a variety of Toigo programs and events across student recruitment and advancement of underrepresented talent.
“As we adjust to a new way of working post-COVID, the real estate arena is undergoing dramatic changes. Having a team that is diverse—across ethnicity, gender, and experiences—coupled with a culture that ensures all talent is poised to contribute and thrive, is essential,” said Adam Weers, Chief Operating Officer of TCC. “Through our work with Toigo, we identified the potential to expand our efforts together to drive change not just in our own organization, but the entire industry. At times of disruption, work around DEI—the exact, highly valuable work of the Toigo Foundation—needs to be amplified.”
Travis Melvin, a Senior Associate with TCC and a Toigo alumnus who participated in the program while earning his MSM at Stanford GSB, helped to champion the TCC and Toigo relationship.
“The commitment of TCC is exemplary—and stands as a model both in and out of real estate. Their trust in Toigo as a partner to drive needed change is humbling” said Nancy Sims, President & CEO of the Toigo Foundation. “The fact a Toigo Leader, one of our own, championed our work and sparked this relationship is proof of what one voice and forward-thinking leadership can accomplish together.”
About the Toigo Foundation
Toigo’s mission is to transform the performance of forward-thinking organizations through education and strategies that drive greater inclusion and the ongoing development and promotion of exceptional diverse leaders. Based in Oakland, CA, the non-profit has been focused on leadership development and workplace inclusion for 30+ years. Its programs include MBA career development, leadership and advancement support, women in leadership, and corporate support services. More than 1,800 minority men and women hold the designation of Toigo Fellow; today, many are leading teams and organizations in a mix of financial asset classes—and beyond.
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.