We know, we know. You love working from home. So do we as a matter of fact. But there is much to be said for coming into the office for any number of reasons, from collaborating and even socializing with coworkers to face time with higher ups. Many companies have settled into a schedule of three days at work and two at home. Other companies are starting to really pressure their workers to come in all five days of the week. Here's a secret for these companies: if you make your corporate and physical environment an attractive destination you probably won't have that much of a problem. On the following pages we have chronicled those CRE companies that fall into that category.
|COMPANIES
ACCESSO Accesso's leadership team has built a corporate culture focused on integrity and a family atmosphere that values collaboration reinforced by a two-way communication policy that encourages feedback. Accesso is a full-service, vertically-integrated commercial real estate manager, owner and operator that is focused on acquiring office and multifamily properties in fast-growing cities and premier suburban submarkets. The firm's portfolio includes 30 office properties spanning nearly 14 million square feet, as well as a four-million-square-foot multifamily pipeline. Led by founding and managing partner of investments Ariel Bentata, the Hallandale Beach, FL-based company has owned and managed $3.2 billion in real estate investments. Thanks to the firm's entrepreneurial spirit that enables quick decision-making, Accesso implemented a strategy during the pandemic that allowed it to retain all employees and accelerate its expansion into the multifamily sector in order to mitigate the pandemic's impact on the company's office portfolio. The firm's exclusive amenities program, Accesso Club, is open not only to Accesso's tenants and business partners but to all of its team members. The program offers year-round, stress-reducing activities, including yoga and meditation classes, career development seminars and fitness events—all of which are designed to promote a healthy lifestyle, manage anxiety, keep minds sharp and improve work/life balance. Further, the organization's Accesso University platform enables team members to take specialized commercial real estate training courses in-person and online. One employee says that the firm's culture makes her excited to go to work and she attributes her success in part to the trust that the firm's partners have in her and their open-door policy. She says team members, while different in every sense, are collaborative, respectful and caring.
AMERICAN CAMPUS COMMUNITIES American Campus Communities was founded in a dorm room in Austin, TX in 1993 and it has grown to become the nation's largest devel-opers, owners and managers of high-quality student housing. Led by CEO Rob Palleschi, the firm owns and manages 202 student housing communities, totaling 140,300 beds in the US and Canada and it employs 3,200 people. ACC recently announced its $12.8 billion acquisi-tion by Blackstone. The company is guided by a culture that puts people first, prioritizes great communication and acknowledges the experi-ences of team members at all levels. Internal promotion is key to the firm's culture, with 90% of ACC's senior management being promoted from within and a total of 500 internal promotions in 2021. Inside Track, ACC's internal talent development program, provides comprehen-sive training programs and mentorship opportunities to property team members who wish to advance their careers at ACC. Through internal talent development, 33 members of the firm's senior management team advanced to their positions after starting as community or resident assistants. One employee says ACC fosters an authentic culture of hard work, meritocracy, positivity and care that is promoted through men-torship, sponsorship and the sharing of expertise, wisdom and advice. ACC measures the effectiveness of its corporate culture initiatives through an employee engagement survey, which found in 2021 that 85% of employees were proud to tell people where they work and 90% respect the abilities of their managers. The firm's culture committee fosters an environment dedicated to service and team spirit through regular internal communications, volunteer events with charity partners and activities, including its annual "CHEERity week" in December that focuses on giving back to the Austin community.
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