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August 31, 2021

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

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The commercial real estate industry is aware of its lack of racial diversity, and many of its biggest companies say they are working to grow the pipeline of people of color into the business. But one oft-cited source of potential employees doesn't have the infrastructure to support that pipeline at present — not even close.

A review of current course catalogs from each of the accredited Historically Black Colleges and Universities found that none have a real estate major or concentration for bachelor’s or graduate degrees. Only 26 offer real estate-specific classes for credit, at least four offer non-credit continuing education classes, and two historically Black community colleges offer vocational programs in real estate.

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

The Hundred-Seven, an HBCU-focused nonprofit, lists three schools as offering real estate programs on its website: Lawson State Community College, which offers a vocational certificate, and Allen University and St. Augustine’s University. Allen doesn't list any real estate programs or courses on its catalog; representatives for the school…

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Texas Medical Center Breaks Ground On Flagship TMC3 Life Sciences Project

Texas Medical Center Breaks Ground On Flagship TMC3 Life Sciences Project

The Texas Medical Center has broken ground on its landmark 37-acre TMC3 life sciences campus, a $1.8B project aimed at positioning Houston as a life sciences leader.TMC officials announced early Tuesday that construction has kicked…

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This Week’s Houston Deal Sheet

NewQuest Properties purchased 86.14 acres in Missouri City for the continued expansion of Fort Bend Town Center while also selling two separate tracts of land to Sueba USA Corp. for the development of a multifamily project.

This Week’s Houston Deal Sheet

The newly acquired land is intended for the development of Fort Bend Town Center’s 200K SF third phase, which will begin infrastructure work in the second quarter of 2022. Earlier this month, NewQuest broke ground on the 42-acre, 300K SF second phase of the center, expected to come…

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How Fauci’s Moonshot For Future Pandemics Could Build Out A Vaccine Assembly Line

 

Lucky is the last word that comes to mind when thinking about Covid-19, a worldwide pandemic that has killed millions, locked down entire nations and rattled world markets. But Dr. Barney Graham, a researcher responsible for key research that helped create the coronavirus vaccine, believes that luck played a big role in the creation of the therapeutic.

“If it was a bunyavirus or an arenavirus, we would have been lost for months or a year or two just trying to get the right thing made,” he said, referencing two of the many virus families that could still spark a global outbreak.

Graham’s research, recent global experience with SARS and MERS, as well as breakthrough mRNA technology, conspired to create a vaccine in record time. Seeking to get lucky twice isn’t a strategy.

That’s why Dr. Anthony Fauci, the immunologist leading the national effort against Covid and head of the National Institute of Allergy and Infectious Disease, has a different idea for combating the next pandemic. As reported in The New York Times last month, Fauci has proposed a five-year, multibillion-dollar plan to fund research for “prototype vaccines,” focused on the 20 virus families most likely to spark a pandemic — the stakes of which, especially for lab and biomanufacturing space, could be massive. 

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