Women have made incremental progress in commercial real estate when it comes to promotions and compensation equity, according to RETS' recent survey.

Four years ago, only 13% of all respondents had reached the C-Suite. Most recently, 14% had reached top positions at real estate firms by age 54, a number that increased to 21% for those aged 55+.

Jana Turner, principal at RETS Associates, said in prepared remarks, "With their unique talents, determination, and ability to innovate, women are slowly but surely reshaping commercial real estate. Each time our firm has conducted this survey, we have been inspired to learn how women are leveling the playing field and paving the way for future generations of female CRE leaders."

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