Financial
Dramatic increase in LGBTQ-supportive companies on Nasdaq: report
Out Leadership survey shows 50% have inclusive board policies

A gay-owned organization called Out Leadership that advises corporations in the U.S. and abroad on how to adopt LGBTQ-supportive policies has released a report showing that the number of companies trading on the Nasdaq Stock Market that have adopted such policies for their boards of directors increased 1,556 percent from 2022 to 2023.
The actual number of companies trading on the Nasdaq that have adopted LGBTQ-supportive policies for their boards increased from 113 in 2022 to 1,871 in 2023, which the report describes as āastonishing.ā
Todd Sears, founder and CEO of Out Leadership, called the report āa clear indicator that executives are responding to the opportunity to expand the diversity of their boards, and fully embracing the power of inclusion to fuel their companiesā success in todayās marketplace.ā
In a statement released at the time the report was released on April 19, Sears added, āWeāre proud to share todayās global report, which shows that for the first time in history, over half of all Nasdaq companies have adopted board diversity policies ā and done so at a record-breaking pace.ā
He concluded by saying, āWe look forward to working with the other exchanges and companies around the world to continue this exciting momentum.ā
An announcement by Out Leadership, which Sears launched in 2010, says the report showing the dramatic increase in LGBTQ supportive corporate board policies was its third annual report on this subject, called āLGBTQ+ Board Diversity: Progress & Possibility.ā The announcement says the report was prepared by one of Out Leadershipās projects called OutQUORUM.
The report includes these findings:
ā¢ 50% of Nasdaq companies now have LGBTQ-inclusive board policies ā a record-shattering 1,556% increase in one year (113 in 2022, compared to 1,871 in 2023).
ā¢ 61% of Nasdaq companies now have gender-inclusive board diversity policies, a 206% increase since 2022 (750 in 2022 compared to 2,298 in 2023).
ā¢ 59% (2,197) of Nasdaq companies now have inclusive board policies based on race, a 318% increase since 2022 (526).
ā¢ The 2023 OutQUORUM report also shares for the first time data on LGBTQ board inclusion across the global stock exchanges of the FTSE, the ASX, and the Hang Seng.
Sears told the Washington Blade that corporate boards are important because the CEO of a company reports to the companyās board.
āThey are responsible for the governance of the company itself,ā he said. āThey cannot do day-to-day hiring decisions,ā he told the Blade. āBut they are responsible for setting the strategy for the company and holding the CEO and the CEOās leadership team accountable for the success of the company.ā
He said his Out Leadership company is known as a Certified B corporation. The companyās website provides details of what it does, including projects it pursues in other countries as well as in the U.S.
āA global LGBT+ business advocacy membership company advocating LGBT+ equality by creating positive economic and societal impact through the power of business,ā the Out Leadership website describes its mission as including.
āOur network of nearly 98 multinational companies and 450+ CEOs entrust us to leverage their platforms for social change while working alongside policymakers to publicly advocate for LGBT+ equality in order to positively impact the economy and their bottom lines, employees, customers, partners, and community,ā it says.
Sears said many of Out Leadershipās 98 member companies, including Wal-Mart, Microsoft, IBM, and Coca-Cola, are publicly traded on the New York Stock Exchange, which is the worldās largest stock exchange. He noted that Nasdaq follows closely behind the New York Stock Exchange as the second largest stock exchange.
But Sears said Out Leadership has not yet had any official interactions with the New York Stock Exchange itself.
āAs it relates to board diversity requirements, in contrast to the Nasdaq new rules, the NYSE has taken an approach that āadvocates diversityā without either suggesting new disclosure requirements or recommending diversity goals,ā Sears told the Blade in a statement.
āIt is worth noting that nowhere in NYSEās public discussions about diversity is LGBTQ mentioned or included in any definition,ā he said. āThey only speak about diversity in vague terms of gender and ādiversity,āā Sears said.
Sears has been credited with being among the first to emerge from within the corporate world to advocate full-time for LGBTQ supportive policies among businesses large and small.
He describes himself as a ārecovering bankerā and a ābit of a serial entrepreneurā who started his career in the investment banking industry in 1996 as an analyst in New York with Schroders, the British multinational asset management company.
From there, according to his LinkedIn page, he served from 1999 to 2001 as vice president of business development for DeSilva & Phillips, an investment bank focusing on media, technology, and marketing industries, before joining Merrill Lynch, the internationally known investment management and wealth management division of Bank of America, where he became Head of Strategic Initiatives at the firmās Office of Diversity during his close to seven years there.
Finally, before launching Out Leadership, Sears served just over two years with Credit Suisse, a global investment bank and financial services firm founded and based in Switzerland with offices in major financial centers around the world, including in New York City.
Sears makes no apologies for launching Out Leadership as a for-profit corporation with a business model of advocating for LGBTQ equality in business and beyond. He notes that, among other things, Out Leadership helped arrange for 65 business leaders to speak out against a proposed anti-LGBTQ law in North Carolina five years ago and helped line up 60 Wall Street banks to sign an amicus court brief in support of the Obergefell marriage equality case before the U.S. Supreme Court.
āMy philosophy is every place in the world these companies do business, LGBT people should be protected, respected, and legal,ā Sears told the Blade. āWe are still illegal in 67 countries. But in all of those countries our companies do business,ā he said.
āAnd so, the goal of our leadership is to use that kind of power that these companies have to roll back all 67 sodomy laws around the world as well as all the anti-trans laws obviously that weāre seeing here in the U.S.,ā he said. āThe idea is that the economic power that these companies have is in my opinion how we will also win equality.ā
The Out Leadership report on the Nasdaq company LGBTQ policies can be viewed here.
Further information on Out Leadershipās work can be accessed here.
Real Estate
The importance of routine rental inspections
One of the best ways to protect your investment

Do you have a schedule for routine inspections of your rental property? And are you feeling good about your scheduleās frequency? I hope you do. These inspections are one of the best ways to protect your investment property.
Understanding the importance of these inspections isnāt just good practiceāitās essential for the longevity and profitability of your rental property. When you inspect regularly, you reduce the number of maintenance emergencies during the year that you must respond to. Tenant satisfaction is also higher, leading to better retention and less vacancy and turnover. And lastly, keeping track of maintenance needs at the property creates more value and asset appreciation over time.
Why Are Routine Inspections Crucial?
The short answer is simpleāprotection. By keeping a close eye on your property, youāll catch small problems before they escalate into expensive nightmares. Letās take a look at some data that proves what you probably know instictively: regular inspections prevents costly repairs, ensures tenant satisfaction, and improves the overall return on your investment (ROI).
Hereās why landlords and property managers should make inspections a top priority, especially in a market as competitive and expensive as the D.C. metro area:
- Preventive Maintenance helps to reduce repair costsĀ
- Tenant Retention because they see you maintaining a safe and comfortable rentalĀ
- Compliance with Regulations will severely reduce liability and can avoid fines or lawsuitsĀ
- Preserving Asset Value will help create long-term growth in the value of your property
- Data-Driven Proof That Routine Inspections are Critical
Iāve been managing rental properties for many years, and I feel I understand on a professional and a personal level the value of good inspections. Investors who dive into the data and the details will see why I take these inspections seriously.
Fewer Emergency Repairs
The cost of emergency repairs can quickly erode your rental income. According to a recent study by the National Association of Residential Property Managers (NARPM), landlords who conducted routine inspections spent 40% less on emergency repairs compared to those who didnāt. Donāt wait for the hot summer or the cold winter to arrive before you check out your HVAC system. Routine inspections will reduce the number of urgent tenant calls due to equipment breakdowns.
Higher Tenant Satisfaction
Inspections donāt just reveal damagesāthey create trust with your tenants. Surveys by Appfolio show that 82% of satisfied tenants were more likely to praise their landlords or property managers for timely maintenance request action. 77% of satisfied tenants appreciate the communication around how the repairs are progressing. Tenants will renew their lease if they feel their property is well-maintained. Consistent inspections communicate that youāre serious about providing a safe and comfortable home, reducing vacancy rates and saving the property owner big money by avoiding charges to find new tenants, not to mention other turnover costs.
Protecting Your Investment with Inspections
Not all inspections are the same. Staggering different types of inspections throughout the lease term ensures comprehensive oversight. The age and condition of your property will dictate how often you need to inspect. Your tenant relationship will also tell you whether it is important to physically visit a rental more frequently or just once a year during the lease term. Here are the inspection types I always encourage:
Move-In/Move-Out Inspections
These inspections allow you to document the propertyās condition at the start and end of a lease using a detailed checklist and photos. This sets clear expectations and minimizes disputes over security deposits.
Routine Inspections
Conduct regular checks (e.g., every six months) to review the overall condition of your property and ensure tenants are complying with the lease. Provide plenty of notice and make sure you include the necessity of these inspections in your lease agreement. And be sure to document through photos and written communications any damage, wear and tear above normal or other issues that need to be corrected.
Drive-By Inspections
Sometimes, a quick external review can tell you a lot about your propertyās conditionāthings like landscaping, visible damage, or unauthorized vehicles. If you happen to be in the neighborhood, why not drive by the property just to be sure everything looks the way it should?
Emergency Inspections
If thereās a reported issue, such as plumbing leaks or electrical problems, an emergency inspection may be necessary to assess the damage and carry out repairs promptly. When a tenant reports a major appliance is no longer working or a door wonāt lock properly, youāll need to see personally whatās going on.
Routine Inspections Protect Investors
A small leak under the sink might seem insignificant now, but over time, it could result in mold growth, water damage, and hefty repair bills. Rental property owners who perform quarterly or semi-annual inspections identify these minor issues earlyāsaving themselves, on average, hundreds of dollars per event, according to Angieās List averages.
Routine inspections offer a chance to communicate directly with tenants, discussing how the property is functioning for them. Tenants who feel heard are more likely to report minor issuesāa win for both parties. You want your tenants reporting problems right away so that thereās less deferred work to worry about.
Inspections also ensure youāre compliant with local laws regarding habitability and safety standards. Skipping this step can lead to fines or disagreements that lower tenant satisfaction.
Professional Property Management Makes a Difference
I like my property managers to prioritize comprehensive, detail-rich inspections when managing a property. I believe our detailed approach and the industry leading methods we employ for conducting inspections at our clientās properties is a step above what an owner could do on their own.
A lot of landlords and self-managing owners have an idea of what they should be monitoring. Many casual landlords and property owners do not think to conduct regular inspections or know what to look for. In fact, a lot of other property management companies donāt, either. The difference is the experience managing many residential dwellings here in D.C. and the knowledge that comes from doing this work every day for over a decade.
In todayās article, Iāve covered only routine and regular evaluations of the property condition both inside and outside, how the tenants are taking care of the rental, and whether they are abiding by the provisions of their rental agreement. An important note to remember: donāt confuse these surveys by the property manager with a home inspection, which can only be conducted by a licensed home inspection professional.
Scott Bloom is owner and senior property manager of Columbia Property Management. For more information and resources, go toĀ ColumbiaPM.com.

In 2025, tile is emerging as a pivotal element in interior design. No longer just traditional ceramic or porcelain, todayās tiles offer a unique blend of functionality and artistry, making them a favorite among homeowners and designers alike. This year, several tile trends are making significant waves, each bringing a distinct character to modern homes.
1. Textured Tiles. Texture plays a crucial role in adding depth and tactile beauty to spaces. In 2025, there’s a noticeable shift toward tiles that celebrate imperfection and handcrafted beauty. These tiles often feature organic finishes, subtle color variations, and unique patterns that make each piece distinct.
2. Warm Minimalist Colors. While minimalism is still popular, 2025 brings a warmer palette to this aesthetic. Neutral tones like beige, taupe, soft terracotta, and Pantoneās mocha mousse are replacing the cooler grays and whites of previous years. These colors impart a sense of coziness and serenity, making spaces feel more inviting while maintaining the clean lines and simplicity of minimalism.
3. Tile Drenching. Tile drenching involves extending the same tile from the floor up the walls, creating a seamless, cohesive look. This technique is particularly effective in smaller spaces like bathrooms or as backsplashes in kitchens with open shelving instead of upper cabinets, where it can make the area appear larger and more unified.
4. Sustainable and Eco-Friendly Tiles. Environmental consciousness is increasingly influencing consumer choices, leading to a rise in sustainable tile options. Manufacturers are now offering tiles made from recycled materials using low-impact production processes and eco-friendly substances, such as glass and plastic. These tiles not only decrease environmental footprints but also align with reducing waste and conserving resources.
5. Large-Format Tiles. Large-format tiles (think 24ā x 48ā) are gaining traction due to their ability to create a seamless and expansive look. Fewer grout lines result in a cleaner appearance and easier maintenance, making spaces feel more open and less cluttered. These tiles are particularly favored in showers, where simplicity and continuity are desired, and yesterdayās plastic surrounds are rejected. Available in various materials and finishes, large-format tiles offer versatility, a sleek look, and faster installation.
6. Cement Tiles. Cement tiles are celebrated for their bold patterns, vibrant colors, and artisanal charm. Although they require sealing, they are known for their durability and handcrafted look. Unlike ceramic tiles, cement tiles are not fired; instead, they are cured at room temperature, which makes them more environmentally friendly. Their unique patterns can make a statement in any room, serving as a focal point that brings a touch of vintage elegance or contemporary flair, depending on the chosen motif.
7. Terracotta Tiles. Terracotta tiles are making a stylish comeback, bringing warmth, a rustic look, and a touch of Mediterranean elegance to modern interiors. Made from clay and fired at low temperatures, these tiles boast an earthy, organic appeal that supports the ongoing trend of incorporating natural elements in the home. When properly sealed, they are resistant to stains and moisture, and their ability to age gracefully and develop a patina over time adds character and depth, giving spaces a cozy feel.
8. Peel and Stick Tiles. Peel and stick tiles are gaining popularity as a versatile and budget-friendly option for quick home makeovers. Perfect for renters and DIY enthusiasts, these tiles offer a hassle-free installation process that requires no grout, mortar, or professional help. You simply peel off the adhesive backing and stick them onto a clean, smooth surfaceārendering them ideal for backsplashes, accent walls, and even flooring. They are low-maintenance, easy to clean, and a practical choice for kitchens and bathrooms.
9. Tile Stickers. Tile stickers are a fun and cost-effective trend, offering an easy way to update your tiles without the need for a complete renovation. Meant to be applied directly over existing tiles, these often removable, adhesive decals are perfect for renters or homeowners looking for a temporary method of personalization. Heat-resistant, waterproof, and easy to clean, tile stickers are available in a wide variety of colors, patterns, and finishes, allowing for endless customization.
10. Smart Tiles. As smart home technology advances, Smart Tiles are now incorporating technological features seamlessly. Innovations include pressure-sensitive LED lighting, temperature control of heated floors, and interaction with home automation systems. Look for future advancements that will allow for both convenience and comfort, enabling homeowners to integrate modern technology without compromising on style.
So, whether you’re renovating a single room, designing an entire home, or decorating with your landlord in mind, these 2025 trends offer many options to create spaces that resonate with your personal style and reflect a harmonious blend of aesthetics, functionality, and sustainability.
Valerie M. Blake is a licensed Associate Broker in D.C., Maryland, and Virginia with RLAH @properties. Call or text her at 202-246-8602, email her at DCHomeQuest.com, or follow her on Facebook at TheRealst8ofAffairs.Ā
Real Estate
It’s not right, but it’s okay, I’m gonna spring clean this house anyway!
New season a perfect time to create a serene, inviting home environment

Spring is right around the corner. During this season, spring represents a time for renewal, a fresh start, new beginnings, along with a sense of energy and optimism for the future. One of the best ways to get this feeling going is also inside and around the home. Now that the temps are a bit warmer, and the sun sets a little later, give yourself the gift of a spring refresh. Here are some tips to re-energize, declutter, āmove the energyā in the room, and create a serene and inviting home environment. If that alone isnāt reason enough, some people in the area may be deciding to put their homes on the market this year too.
Enhance Curb Appeal: There is never a second chance to make a first impression! Does the yard need tidying up? Does the front door need a fresh new coat of paint? Want to make it pop? Plant some shrubs or put some new flowers in the windowsills? Clean those windows. Tidy up the entryway, buy a new credenza for catching mail, keys, gloves, hats, etc. Mop the floors, get all that road salt off the tiles.
Deep Clean the Kitchen and Bathrooms: These rooms are key selling points. Clean the oven, refrigerator, and stove in the kitchen. In bathrooms, clean grout lines, remove soap scum, and make sure faucets and showerheads are free from water stains.
Neutralize the Space: This is more for those who want to sell their home. It becomes easier for a potential buyer to āsee themselvesā in a property the less they see YOU in the property. Put some photos away, declutter, take down anything that is very specific to you for any showings or open houses. I used to tell my clients, āMake it look like a Hampton Inn!ā (clean, organized, presentable, not exactly shouting political affiliations and humor that may or may not play well to all audiences.) Just think, āNEUTRAL!ā
Fix Minor Repairs: Take care of any small repairs such as leaky faucets, broken door handles, or cracked tiles. These little fixes show that the home has been well-maintained. They also help build that ācan doā muscle! If you donāt know a handyman/person you can always find how to videos on YouTube.
Reorganize Rooms: Consider rearranging furniture to create an open, welcoming flow. If needed, remove oversized pieces to make rooms feel larger. This can also help the āvibeā in any home. I used show homes to clients that were smaller, but smartly furnished, and they could really feel the difference. An extra 150 square feet in an empty hallway isnāt doing anyone much good, but if you put some nice artwork up, and tone down the size of bulky furniture in the main living areas, it can begin to look like a crisp $100 bill.
Stage the Home: If youāre selling, consider staging the home, either with your own furniture or with rented pieces. Well-placed furniture and decor can highlight your home’s best features.
Freshen Up with Scents: Letās be honest. Open those windows and air that bit*h out! Find your favorite candle company and invest in a few nice smells. I always wanted a nice candle burning during an open house. It helped the vibe!
Whether you are staying put or planning on making moves, a spring re-fresh, clean up, maintenance moment, or general tidy up/tidy down is going to make YOU feel, in the words of Whitney Houston, ālike a million-dollar bill! (OH OH OH OH!).ā
Editorās note: Playing anything by our beloved Whitney Houston is guaranteed to get any person, place, or home out of whatever current funk state it is in! If your house isnāt singing, āYou Give Good Love to Meā … now you know what to do!
Joseph Hudson is a referral agent with Metro Referrals.Ā He can be reached at (703) 587-0597 orĀ [email protected].
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