Real estate should not just be about constructing buildings. It should also be about engineering better ways of living.

Real estate developers and institutional builders both close deals. Both deliver projects. But only one is building something that will outlast the current market cycle.

Fewer than 1 percent of private real estate development firms in the U.S. are Black- or Hispanic-owned. And the number of high-grossing Black and Hispanic private developers in the U.S. can be counted ...