Freddie Mac panel Freddie Mac panel

WASHINGTON, DC–When Toby Bozzuto stepped into the role of CEO of the Greenbelt, Md.-based Bozzuto Group last year, he made certain that Julie Smith, Chief Administrative Officer at the company, would stay to be his right hand as he moved the company forward. Smith had twenty something plus years of experience at the firm so this was a no-brainer for Bozzuto. As was the promotion of a woman who had been mentored within the company and was ready for higher level challenges.

Those first decisions by Bozzuto as he became CEO were the fruit of a larger, ongoing effort at the company to mentor and promote women within the firm. The effort has paid off at the bottom line level, Bozzuto says. “We are a private company so I am not going to reveal numbers but we are doing better than ever.”

Bozzuto, along with several other real estate professionals, spoke to reporters following a panel conference held at Freddie Mac's Customer Conference 2016 in Miami on Monday.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.