Skip to content
  • Industry
    • Residential
    • Office
    • Retail
    • Industrial
    • Hospitality
    • Land
    • Healthcare
    • Life Sciences
    • Special Purpose
    • Mixed-Use
  • Markets
    • Los Angeles
    • New York City
    • Manhattan
    • Queens
    • Bronx
    • National
    • Washington DC
    • South Florida
  • Leases
    • Office Leases
    • Ground Lease
    • Sublease
    • Tenant Talk
    • Deals of the Week
    • All Leases
  • Finance
    • Acquisition
    • CMBS
    • Construction Financing
    • Distress
    • Refinance
    • Deals of the Week
    • All Finance
  • Investments
    • Development Site Sale
    • Portfolio Sale
    • Sale-Leaseback
    • Value-Add
    • Deals of the Week
    • All Sales
  • Development
    • Architecture
    • Construction
    • Conversion
    • Redevelopment
    • Sustainability
    • All Development
  • Capital Markets
    • Alternative Lending
    • Earnings
    • Economy
    • Foreign Investments
    • Private Credit
    • Private Equity
    • Public Markets
    • REITs
    • All Capital Markets
  • Tech
  • Weekly Issue
  • Events
  • Power
  • More
    • Players
    • Legal
    • Policy
    • Features
    • Research & Analysis
    • Columnists
    • Partner Insights
    • Transportation
    • Videos
Log In Sign Up My Account Log Out
  • Account Details
  • Email Preferences
  • Member FAQs
  • Logout
Commercial Observer
  • Industry
  • Residential
    • Multifamily
    • Homebuilding
    • Condo
    • Hotel Condo
    • Student Housing
    • Single-Family Rental
    • Short-Term Rental
    • Senior Living
  • Office
    • Coworking
    • Flex
  • Retail
    • Shopping Centers
    • Outlet/Factory Malls
    • Supermarkets/Grocery Stores
    • Showrooms/Dealerships
    • Street Retail
  • Industrial
    • Data Centers
    • Distribution Centers
    • Industrial Outdoor Storage
    • Manufacturing
    • Self-Storage
    • Studios/Soundstages
    • Warehouse
  • Hospitality
    • Casinos
    • Convention Centers
    • Hotel/Resort
    • Restaurants
  • Land
    • Farm Land
    • Parking Lots
  • Healthcare
    • Hospitals
    • Medical Offices
    • Nursing Homes & Assisted Living
  • Life Sciences
  • Special Purpose
    • Air Rights
    • Arenas/Stadiums
    • Development Rights
    • Educational
    • Government/Military
    • Museums
    • Place of Worship
    • Theaters
  • Infrastructure
    • Airports
    • Bridges/Tunnels
    • Highways
    • Railways
  • Mixed-Use
  • Markets
    • Los Angeles
    • New York City
    • Manhattan
    • Queens
    • Bronx
    • National
    • Washington DC
    • South Florida
  • Leases
    • Office Leases
    • Ground Lease
    • Sublease
    • Tenant Talk
    • Deals of the Week
    • All
  • Finance
    • Acquisition
    • Construction Financing
    • CMBS
    • Distress
    • Refinance
    • Deals of the Week
    • All
  • Investments & Sales
    • Development Site Sale
    • Portfolio Sale
    • Sale-Leaseback
    • Value-Add
    • Deals of the Week
    • All
  • Development
    • Architecture
    • Construction
    • Conversion
    • Redevelopment
    • Sustainability
    • All
  • Capital Markets
    • Alternative Lending
    • Earnings
    • Economy
    • Foreign Investments
    • Private Credit
    • Private Equity
    • Public Markets
    • REITs
    • All
  • Technology
  • Policy
    • Housing
    • Transportation
    • Urban Planning
    • Zoning
  • Legal
  • Weekly Issue
  • Events
  • Power Series
  • More
    • Features
    • Columnists
    • Research & Analysis
    • Partner Insights
    • Players
    • Videos
  • Advertise
  • Contact
  • Reprints
  • Newsletters
  • Power Finance
  • Power 100
  • Owners Magazine
Log In Sign Up My Account Log Out
  • Account Details
  • Email Preferences
  • Member FAQs
  • Logout
  • © 2025 Observer Media · Terms · Privacy

More
National

Presented By: Patricia Loveall

Mentorship Offers an Express Ticket to Success — and a More Inclusive Industry

By Patricia Loveall June 21, 2021 10:50 am
reprints
PATRICIA LOVEALL


Throughout my career, there have been many significant influences that helped build my client roster and facilitate success. But, amidst the many teachable moments and personal goals achieved, the most impactful lessons came from my mentor and co-founder of Kidder Mathews, Jerry Mathews. The insight and guidance he imparted on me continues to help influence my decisions.

As a proud member and vice president of the Society of Industrial and Office Realtors (SIOR), I am an unwavering advocate for supporting future brokers (especially women), which is why I have made mentorship a top priority — one that I recommend both industry leaders and budding commercial brokers seek out in their careers.

SEE ALSO: L.A. Office Activity Improves, But Challenges Are Mounting

Of course, I’ve heard a litany of excuses for not mentoring: lack of time, protection of trade secrets and clients, or fear of being replaced by a young upstart. But, in reality, those concerns will only get in the way of some significant advantages that mentorship can offer for everyone involved.

I think this is particularly important for women, both those who are just beginning their commercial real estate careers, as well as veterans who are passionate about creating a more inclusive environment. Ultimately, though, mentoring benefits everyone and makes the industry as a whole even stronger.

Good for the mentor

For established professionals, mentorships create a professional relationship that can help take on new projects that may otherwise be too time-consuming. I have helped oversee many transactions that were spearheaded by a mentee. My clients were completely at ease because I was still involved every step of the way. The young broker gained invaluable experience while I imparted my knowledge, all while growing my business.

As the mentee begins to grow professionally, the mentor has a potential partner at the ready, one who is often eager to collaborate on a transaction. This opens the door to new clients, an even larger network, and a potentially limitless new string of business opportunities.

Time is also a manageable commodity when mentoring new brokers. One of the easiest and most effective methods is by helping mentees connect and network at industry events, like SIOR’s CREate 360 and TransACT 360 conferences.

Sometimes, a simple introduction is all it takes to help jumpstart a career, and it can pay incredible dividends to have a veteran serve as an event ambassador, showing younger brokers how to get the most out of these professional gatherings. This is especially true for women who are SIOR members or associate members, giving them a chance to connect with the most successful and well-established female brokers in the business.

Good for the mentee

For young professionals, mentors should be thought of as an express ticket to professional growth. Learning the intricacies, techniques,and best practices on your own is certainly possible, but having a guide to navigate the jungle will most certainly help sidestep pitfalls and make the journey decidedly faster, to say nothing of the opportunities to connect with prospective clients.

Occasionally, assumption and hubris can be a natural symptom of youth, but letting it get in the way of success is self-destructive and horribly inefficient. Learning the lessons of the industry from someone who has experienced them firsthand, and is willing to share those moments, is a priceless gift that can help avoid regret later on.

Good for the industry

This open sharing of knowledge doesn’t just create individual success; it builds a stronger foundation for the future of CRE. The more highly skilled and astute professionals we have to work with, the greater the possibility becomes for our collective growth. And mentorship is an ideal way to make that happen.

I am particularly invested in supporting more young women to discover the incredible rewards of this profession. This is one of the reasons that SIOR has established a Women’s Leadership & Mentoring Member Group where women — whether they’re new members, SIOR member associates, or simply college students — can openly share ideas, pose questions, and discuss viewpoints with other women who have achieved significant accomplishments in CRE. It’s considered a true, judgement-free environment designed to be empowering and professional.

It should go without saying that a more diverse and inclusive industry is advantageous for everyone in CRE. But the only way to knock down barriers and establish new connections is by extending a guiding hand that shows what’s possible when we all work together.

commercial real estate, mentoring, real estate, young professionals
 
Trending Stories
Retail · Leases
New York City

Canadian Dessert Chain La Diperie to Open West Village Shop

Retail · Leases
New York City

Paint ’N Pour to Bring Painting Parties to Hell’s Kitchen

Industry · Policy
California

L.A. Approves $425M Measure ULA Expenditure Plan

Office · Leases
Florida

Uber Doubles Miami Office Footprint

Brett Munger, CEO of Commonwealth Partners, and City National Plaza in Los Angeles.
Office · Research & Analysis
California

L.A. Office Activity Improves, But Challenges Are Mounting

By Nick Trombola
Job seekers wait to speak with a recruiter at the KeySource booth at a job fair in Florida in April.
Industry · Policy
National

Private Employers Shed 33K Jobs in June, Despite Expectations

By Larry Getlen
GSA Administrator Stephen Ehikian and One and Two Constitution Square, Washington, D.C.
Office · Research & Analysis
Washington DC

D.C. Office Market Shows Signs of Slow and Steady Recovery: Report

By Nick Trombola
More

  • Industry
    • Residential
    • Office
    • Retail
    • Industrial
    • Hospitality
    • Healthcare
    • Life Sciences
    • Special Purpose
    • Infrastructure
    • Mixed-Use
  • Leases
    • Office Leases
    • Ground Lease
    • Sublease
    • Tenant Talk
  • Finance
    • Acquisition
    • Construction Financing
    • CMBS
    • Distress
    • Refinance
  • Investments
    • Development Site
    • Portfolio Sale
    • Sale-Leaseback
    • Value-Add
  • Development
    • Architecture
    • Construction
    • Conversion
    • Redevelopment
    • Sustainability
  • Capital Markets
    • Alternative Lending
    • Earnings
    • Economy
    • Foreign Investments
    • Private Credit
    • Private Equity
    • Public Markets
    • REITs
  • Technology
  • More
    • Features
    • Columnists
    • Research & Analysis
    • Legal
    • Players
    • Transportation
  • About
    • Membership
    • Advertise
    • Newsletters
    • Contact
    • Reprints

Read the latest edition of the Commercial Observer online!

July 28th 2020 Magazine Issue Cover
© 2025 Observer Media Terms Privacy Cookie Settings Do not sell my data Sitemap