Kirk A. Sykes, president of the Urban Strategy America Fund at New Boston Fund Inc., has been appointed chairman of the board for the Real Estate Executive Council, a professional trade association formed to promote the interests of minority executives doing business in the commercial real estate industry, New Boston said.
New Boston is a private equity real estate investment, development, and management firm.
Sykes will succeed Quintin E. Primo III, who served as chairman of the Real Estate Executive Council board since the inception of the organization in 2003. The council sometimes refers to itself as REEC.
In a statement, Sykes said: “I am honored to follow Quintin as chairman of REEC, and to have served as vice-chairman alongside him for the last three years. I welcome this opportunity to expand upon the initiatives that we began as a board and membership 10 years ago. We have grown as an organization, and the real estate industry has changed. Therefore, REEC will adapt and innovate in the current financial climate in order to benefit all of our members and to advance the role of people of color in this industry.’’