Ethics for Commercial Real Estate Investing

The mission of AFIRE is to help each other become Better Investors, Better Leaders, and Better Global Citizens.

Ethics in our personal, professional, and relational environments is absolutely central to this mission. For members, AFIRE has an internal code of ethics comprised of five core “House Rules” to guide the internal conduct of the association—but this is just one side of what it means to be a responsible fiduciary, manager, investor, and business leader.

The AFIRE Ethics Project, launched in 2020 and led by AFIRE members, aims to develop the other side of an ethics for the global commercial real estate investor community—the outward side that has a direct impact on investors, partners, business stakeholders, and all users of the built environment.

The Ethics Project represents an ongoing conversation held in public forums, members-only discussions, articles, podcasts, and other tools to aide in the development of a global code of ethics for the industry.

To stay updated on the latest offerings and get involved in the Ethics Project, subscribe to the AFIRE Newsletter and contact us for more details.

A CALL TO ETHICS

The purpose of investing is to profit.

This is also our goal as investors, although, we do not pursue profit at any price. Unfortunately, we live in a society that sanctifies personal gain, money, and power; a society that does not attribute sufficient importance to the way profit is achieved. In such an environment, it is hardly surprising that public funds are squandered by controlling shareholders, and it is not uncommon to learn about fraud in the investment market.

Today, it is clearer than ever that improving the ethical business environment must be considered a matter of vital necessity.

ADDITIONAL ETHICS RESOURCES

AFIRE Podcast #42: The Great Real Estate Reset (Part 2)

The COVID-19 pandemic forced many investors to restructure their agendas. What does it mean to “reset real estate,” and what role should investors have in imagining in the future of the world?

March 16, 2021

AFIRE Podcast #41: The Great Real Estate Reset (Part 1)

The COVID-19 pandemic forced many investors to restructure their agendas. What does it mean to “reset real estate,” and what role should investors have in imagining in the future of the world?

March 8, 2021

AFIRE Podcast #40: Ethics, Front and Center

Ethics need to be front-and-center during times of crisis and uncertainty. What should this look like in the world real estate investing?

March 4, 2021

Becoming Better

The shock provided by the global pandemic has roiled real estate markets around the world—which means that the quality and location of properties has never been more important. After the first year of COVID-19, opportunities come into view as a result of the seismic shifts in real estate.

January 14, 2021

AFIRE Podcast #25: Transparency Matters

What holds promise for improving the business relationships we depend on for making better investments? All corners of the commercial real estate arena are facing era-defining challenges. Transparency matters—now more than ever. Being intentional and open in our dealings with our investors, employees, and communities will bring closeness to all our relationships—particularly those between managers and investors.

November 17, 2020

Transparency Matters. Now More than Ever.

Being intentional and open in our dealings with our investors, employees, and communities will bring closeness to all our relationships—particularly between managers and investors.

October 6, 2020

A Real Estate Reckoning

The year of COVID-19 has been rife with anxiety and unrest—nothing new for real estate, but what does it mean for the future of the industry?

August 19, 2020

A Call to Ethics

If everyone plays their part, whether out of religious conviction, private conscience, or pragmatism, together we can work in a decent society grounded in ethical business conduct and a healthier commercial world.

May 6, 2020

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