Dear REIAC Southwest Members,
We are pleased to announce that our REIAC chapter has entered into a sponsorship agreement with Junior Achievement of Arizona (JA) with a financial commitment of $12,000 annually, $6,000 per semester, that will utilize the experience and skills of REIAC members to introduce high school students to the built environment and real estate development. JA provides financial education and career guidance to K-12 students that is not provided in our public-school system throughout our State. JA works with 385 schools, 3,100 teachers and reaches over 80,000 Arizona students each year.
REIAC members have presented a curriculum we prepared, in cooperation with JA, for five (5) classes that walk the students through the basic real estate development process.
They are introduced to market research to determine what product type is in demand in a submarket, financing debt and equity, assembling the consultant team to inspect the property and then build the project, finding tenants, managing the property and then selling it.
REIAC members act as judges for a competition where teams of students will compete by demonstrating what they learned from the classes. Each semester, $1,000 from our $6,000 sponsorship will be used to award the winning team with up to $800 in Amazon gift cards divided equally based how many students are on the team. The teacher will also receive a minimum $200 Amazon gift card each semester.
We are looking for more REIAC members interested in sharing their real estate experience with the students.
If you are interested in observing the student presentations and who wins the competition, please RSVP no later than December 17th.
December 18, 2018
8:00am - 9:20am
Gateway Community College Campus, Gateway High School, 108 40th Street, Phoenix, AZ 85034
IE Building, Copper Room Auditorium
Park in student parking area on west side of the IE building
Parking Map
