Tuesday, 02 January 2024 12:17 GMT

NAREB Development Academy Trains 227 Emerging Developers To Bolster Housing Construction In Communities


(MENAFN- EIN Presswire)

Dr. Courtney Johnson Rose, NAREB President

Graduates Present Their Innovative Ideas to Shark Tank Panel of Experts

We witnessed groundbreaking proposals that will have a significant impact on communities, The next step is for these brilliant entrepreneurs to obtain funding for their enterprises.” - Dr. Courtney Johnson Rose

LOS ANGELES, CA, UNITED STATES, July 28, 2025 /EINPresswire / -- The National Association of Real Estate Brokers (NAREB) proudly graduates 227 emerging developers from the NAREB Developers Academy on Tuesday, as the organization of Black real estate developers, known as Realtists, seeks to increase production of much-needed housing in communities nationwide.

On Sunday, at the academy's closing session, participants, many of whom are already real estate professionals, presented their innovative ideas in a Shark Tank environment, where a panel of esteemed judges critiqued their work. The proposed projects are designed to increase housing supply, revitalize neighborhoods, enhance quality of life, and create sustainable, inclusive living spaces.

“We witnessed groundbreaking proposals that will have a significant impact on communities,” said NAREB President Dr. Courtney Johnson Rose, who made launching the Academy one of her top priorities during her two-year reign as NAREB's president.“The next step is for these brilliant entrepreneurs to obtain funding for their enterprises. We are calling on philanthropic, private sector, and government leaders to support these developments that will enhance the quality of life for families and individuals struggling to find safe and affordable housing.”

Evaluating the proposals were Gina Nisbeth, 9th&Clinton Strategic Advisory Firm; Paul MacFarlane, MacFarlane Partners; Tamara Newman, Everland Solutions; Tiara Henderson, Managing Director, Corporate and Investment Banking, Wells Fargo; David Bowers, Vice President, Mid-Atlantic Market, Enterprise Community Partners; Patrick Jordan, Herron Consulting; Tammy Wilson, TSW Consulting; and George Johnson, George E. Johnson Development, Inc.

The Academy is a transformative initiative that is reshaping the real estate development industry. It addresses the pressing need for increased representation from community-based planners and builders, offering new housing opportunities for underserved communities. With only 447 Black development firms out of 112,000 in the United States, less than half of 1%, the Academy is a catalyst for change. Moreover, a Grove Impact report identifies the hurdles faced by community-based estate developers, including revenue gaps and cliffs, and the Academy is stepping up to bridge these gaps.

Dr. Rose asserted that by equipping aspiring professionals with the skills, knowledge, and opportunities to become developers, the Academy fosters economic equity, increases homeownership rates, and uplifts underserved communities. Through a rigorous curriculum, strategic partnerships, and a community-focused approach, the Academy is creating a sustainable pipeline of real estate developers poised to make a lasting impact.

“At a time when communities across the country face an urgent housing crisis, we need all hands on deck to build more affordable housing,” said Bowers, of Enterprise Community Partners, a non-profit working to increase housing supply and build resilience and upward mobility for families and individuals.

“That's why Enterprise is so proud to team up with NAREB once again--this time reaching more than 200 Realtists nationwide,” said Bowers.“From training the trainers for the NAREB Developers Academy to working directly with the LA cohort formed in response to the devastating fires, this collaboration is about more than education for Enterprise. It's about attracting more mission-driven developers to the field, thereby strengthening communities and the industry as a whole. We salute NAREB's service-oriented leadership and our training partner Heron Consulting for this impactful work together.”

Dr. Rose said NAREB is also expanding the ecosystem for community-based developers by launching the NAREB Development Fund, a Community Development Financial Institution (CDFI). These financial institutions are mission-driven entities that create economic opportunities for individuals and small businesses, affordable housing, and essential community services. The NAREB CDFI will be a reliable partner for developers, providing the necessary support to bring meaningful projects to fruition.

In celebrating the importance of developers, during its 77th Annual Conference at the JW Marriott Hotel in LA Live this week, NAREB is awarding its 2025 Impact award to renowned developer Victor MacFarlane, the executive chairman of MacFarlane Partners, a major LA-based development and investment firm. As an investment management firm, MacFarlane Partners acquires, develops, and manages real estate assets on behalf of some of the world's largest pension plans and institutions. Their projects are located in Los Angeles, San Francisco, Washington, D.C., and many other areas.

Graduating from the NAREB Developers Academy will be:

Cohort 1
Amber EppersonLucy Newton
Andre WalkerLynette Scott
Arica MillerS. Dave Hudson
Camille Moman Tayo Woolford
Cynthia ConoverVanessa Latimore
Gary Williams Veronica Woods
Gloria BesleyVonn Jennings
Kenneth Engram Zionna Adamolekun
Kescha VaughnDarlene Meekins
Kimberly DurantTesha Bivens

Cohort 2
Avery Headley Latrenda Perry
Ayana BarberMarcel Brantley
Clara Llyons DeVaughnMerrill Adams
Corey FowlersNatasha Davis
Danielle Lewis-McLaurin Ryan Benn
Eileen LambertShelly Bryant
Erika KingShianna Parton
Fareeda StokesTaurean Davis
Felicia YearwoodThomas Walker
Ira BetheaVerona E Cruz
Irene HenryVonetta Hawkins
Kilimanjaro ToussaintJanay Malloy

Cohort 3
Aleshia BurnsPaushaun Julien
Bianca Blakely Quandra Speights
Briana ReidRaySean Reaves
Darrell AnthonyRebecca Finney
Deanna HodgesRhonda Jones
Delicia Lacy Siobhan Robinson
Dr. Stephanie Myers-LewisTerrell Walls
Ebonye ReedTiffany Gaji
Ericca WillisTJ Ojehomon
Gwendolene Newton Toyin Oduwole
Johvon HolmesWonda McGowan
Juanita CharlesRobert' Mack' McEwen
LaTonya Martin Sidney Martin
Monica HaleE. Andreal Hoosman

Cohort 4
Andrew Miller Kendra Taft
Asa FlemingKinsley Mickle
Carlton Stephenson Michael Lighter
Charisse Callendar-ScottNiki Stanley
Felice MitchellNoria Namaz
Fre Little Rita Lee
Guy Allen Sheryl Merritt
JACQUELINE MillerStephen Kohn
James TaylorTaletha Dixon
Jay JohnsonTya Kennedy
Jeremy Smith Robin Spivey
Joetta TalfordA. Denise Franklin

Cohort 5
Brian CoxKimberly Zilton
Albert AllenLeslie Smith
Ashton Pickett JonesLora Washington
Baldwin CrossMadge Day
Brandee Harrington Shanisha Greer
Carolyn GuilloryShelia Lucas
Chadrick OdieTanya Redic
DeAnna GreenTerrance Williams
Deidra Carr JonesTonya Dangerfield
Jason HymanMathew Thompson
Joe Austin Bill Pitre
Jonna LaGrone-HaynesMary Thomas
Kamesha West

Cohort 6
Alexandria Brazelton LaToya Nicole Griffin
Andreda RandelsonLinda Chambers
Archie Emerson MARVETTA Bozeman
Bilal SherrifMellisa Service
Chris BrownMonifa Taylor
Dana O Johnson Rodney Richardson
Danielle AndrewsRonna Muhammad
Darah CottonSharvon Green
Hakeem MuhammadShaundra Williams
Ike IregbulemTamisha Darling-Roberson
Jamie GrierTerri Copeland
Jeanine SearcyTowannah Smith
Jessyca McKnight Tracy Smith
Joyce BroadwaterYolanda Black
LaToshia Hall Karen Johnson

ABOUT THE NATIONAL ASSOCIATION OF REAL ESTATE BROKERS
NAREB was formed in 1947 to secure equal housing opportunities regardless of race, creed, or color. NAREB has advocated for legislation and supported or instigated legal challenges that ensure fair housing, sustainable homeownership, and access to credit for Black Americans. Simultaneously, NAREB advocates for and promotes access to business opportunities for Black real estate professionals in each real estate discipline. From the past to the present, NAREB remains an association that is proud of its history, dedicated to its chosen struggle, and unrelenting in its pursuit of the REALTIST®'s mission/vision embedded goal,“Democracy in Housing.”

Michael K. Frisby
Frisby & Associates
+1 202-625-4328
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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