The New Partnership Allows for an Enhanced Set of Human Capital Consulting Services, Leveraging the Industry’s Best-In-Class Compensation & Benefits Survey
BETHESDA, MD., October 10, 2023 —
Leading real estate consulting firm RCLCO Real Estate Consulting announced today a new partnership with CEL Compensation Advisors, LLC (CEL) to expand and enhance its industry-leading talent management practice, building on the CEL annual Real Estate Compensation & Benefits Survey and its compensation consulting practice, and RCLCO’s management consulting and executive search practices.
“This partnership expands upon RCLCO’s mission of helping clients make strategic, effective, and enduring decisions about real estate,” said Adam Ducker, Chief Executive Officer of RCLCO. “As we expand our broad spectrum of organizational development resources, we are excited to meet our clients’ full set of talent management needs with comprehensive compensation resources and solutions. Retaining and attracting talent is a cornerstone of the real estate industry, and by integrating CEL Compensation Advisors on this important matter, we can be much more impactful for our clients.” new compensation consulting services include: compensation benchmarking and incentive plan design; long-term incentive strategies; executive compensation review and governance; Board of Director compensation program design; and performance metrics and benchmarking.
The Real Estate Compensation & Benefits Survey is the national standard for the real estate industry. Since 1989, the annual publication has provided accurate and timely compensation resources to thousands of users. No other survey is as comprehensive or offers equivalent depth based upon so many years of results. The Survey incorporates over 190 positions and nearly 400 participant companies in the office, industrial, retail, residential, and advisory sectors, including public and private companies engaged in investment, management, development, construction, leasing and many other real estate functions. The Survey’s long-term sponsorship by NAIOP and NAA has ensured its reach to a wide breadth of participating companies. Now through this new partnership, the number of survey respondents is expected to grow, expanding data analytics, benchmarking, and reporting even further. With such comprehensive data and decades of client compensation evaluations, RCLCO and CEL are setting the industry-standard on commercial and residential real estate compensation and talent management best practices.
Chris Lee, President and CEO of CEL & Associates, Inc. noted, “The Real Estate Compensation & Benefits Survey has been an invaluable resource for the industry that has driven our compensation consulting practice for several decades – this partnership allows us to combine resources to elevate outcomes to the next level.” Managing Partner Jim Wright will continue to lead the growing practice.
About RCLCO
Since 1967, RCLCO has been the “first call” for real estate developers, investors, the public sector, and non-real estate companies and organizations seeking strategic and tactical advice regarding property investment, planning, and development. RCLCO leverages quantitative analytics and a strategic planning framework to provide end-to-end business planning and implementation solutions at an entity, portfolio, or project level. With the insights and experience gained almost six decades and thousands of projects, RCLCO brings success to all product types across the United States and around the world. RCLCO is organized into three overlapping and reinforcing service areas: real estate economics, management consulting, and advisory services for institutional investors through RCLCO Fund Advisors. RCLCO is headquartered in Bethesda, MD and has offices in Austin, TX, Denver, CO, Los Angeles, CA, New York, NY and Orlando, FL.
About CEL Compensation Advisors
Since its formation in 1994, CEL Compensation Advisors, as a division of CEL & Associates, Inc., has become a leading compensation advisor to real estate firms nationwide. Covering the office, industrial, retail, multifamily, and advisory sectors, CEL Compensation Advisors’ insights, decades of experience, data, advice and guidance has been a valued resource for real estate firms nationwide. Seeking to accelerate its continued growth and opportunities, the partnership with RCLCO will bring added resources and opportunities to what has become the nations’ largest real estate and benefits database.
Media Contact
Rachel Hoeft
Marketing & Graphic Design Manager
E: rhoeft@rclco.com
