A Legacy of Impact: Terry Bean's Dual Role in Real Estate and LGBTQ+ Activism

    PORTLAND, OR, November 22, 2024 /24-7PressRelease/ -- In a world where business acumen and social advocacy often run on separate tracks, Terry Bean stands out as a leader who has successfully combined both. With an impressive career that spans over four decades, Bean has not only made significant strides in the real estate industry but also left an indelible mark on the LGBTQ+ rights movement in America. His dedication to leveraging his influence for the greater good continues to inspire future generations in both business and civil rights spheres.

Real Estate Excellence Rooted in Legacy and Vision
Terry Bean is the President and CEO of Bean Investment Real Estate, a premier firm based in Portland, Oregon, that has been a pillar in the multi-family property market. As a fifth-generation Oregonian, Bean grew up immersed in the real estate industry, learning from his father, Ormond Bean, Jr., who founded the firm. With a solid foundation laid by his family, Terry has expanded the company's portfolio significantly, managing over $1 billion in assets across more than 50 properties over the years.

Under his leadership, Bean Investment Real Estate has focused on acquiring, managing, and transforming multi-family properties, prioritizing sustainable investments that align with both financial goals and community impact. Known for his meticulous attention to detail and strategic foresight, Bean has consistently delivered impressive returns while fostering long-term partnerships built on trust.

His expertise in real estate extends beyond traditional investments. Bean's innovative approach to condominium conversions has transformed over 1,500 units since 2000, demonstrating his ability to adapt to changing market dynamics. His deep understanding of market trends, including rental rates, job growth, and real estate absorption, has enabled clients to maximize their returns while achieving sustainable growth.

A Lifelong Commitment to Civil Rights and LGBTQ+ Advocacy
While Bean's business achievements are noteworthy, it is his commitment to civil rights and LGBTQ+ advocacy that has set him apart. As a passionate activist, Bean's involvement in the fight for equality began during his college years at the University of Oregon, where he was active in the anti-Vietnam War movement. His dedication to social justice only grew stronger over the years, leading him to co-found several national organizations that have become cornerstones of LGBTQ+ rights in the United States.

In the late 1970s, as the LGBTQ+ rights movement gained momentum, Bean recognized the need for a united, national voice to combat discriminatory legislation. He co-founded the Gay Rights National Lobby (GRNL), which later merged with the Human Rights Campaign Fund (HRCF) to form the Human Rights Campaign (HRC). Today, HRC stands as one of the most influential LGBTQ+ advocacy organizations in the country, a testament to the groundwork laid by early leaders like Bean.

As a seasoned fundraiser, Bean played a crucial role in establishing the "GRNL 48" donor club, which later evolved into HRC's Federal Club, a major funding source for LGBTQ+ advocacy. His strategic fundraising efforts helped the organization gain the financial backing needed to influence policy change and champion civil rights across the nation. Bean's ongoing role on the HRC board has included contributions to political endorsements and crafting strategies that have helped secure legislative wins for LGBTQ+ communities.

Defeating Discriminatory Legislation in Oregon
One of Bean's most significant victories came in 1992 when he successfully led a campaign to defeat Oregon's Measure 9. The proposed amendment sought to label homosexuality as "abnormal" and "perverse" within the state constitution, posing a direct threat to LGBTQ+ rights. Through tireless organizing and fundraising, Bean helped raise over $1 million to defeat the measure, ensuring that Oregon remained a place of inclusivity and acceptance.

"Terry's work on Measure 9 was nothing short of transformative," said a spokesperson from Basic Rights Oregon. "He brought together activists, community leaders, and everyday citizens to fight against bigotry and hate. His leadership during that time set a precedent for how we continue to fight for equality today."

Paving the Way for National Advocacy
Beyond his efforts in Oregon, Bean's influence has extended to national campaigns that have shaped the trajectory of LGBTQ+ rights in the United States. As co-chair of the HRC Capitol Campaign in 2000, Bean utilized his real estate expertise to secure a permanent headquarters for the organization in Washington, D.C. This move not only gave HRC a physical presence in the nation's capital but also symbolized the strength and permanence of the LGBTQ+ rights movement.

In 2007, Terry received the Fighting Spirit Award from Basic Rights Oregon (BRO) in recognition of his significant contributions to advancing equal rights for LGBTQ+ Americans. Terry Bean's remarkable journey as a pioneer in gay rights and humanitarian efforts continues to inspire.

His dedication to advancing civil rights has also been evident through his involvement in various civic projects. Bean was instrumental in renaming a street in downtown Portland to honor Harvey Milk, one of the first openly gay elected officials in the United States. He also played a key role in organizing the first Gay Games, which provided a platform for LGBTQ+ athletes to showcase their talents in an inclusive environment.

Honoring a Lifetime of Service
In recognition of his contributions to social justice, Oregon Governor Ted Kulongoski declared August 23 as "Terry Bean Equality Day" in 2008, a day dedicated to celebrating his lifelong commitment to equality. This acknowledgment was a testament to Bean's impact, both as a civil rights advocate and a business leader who has used his influence to create positive change.

"Being recognized in this way is incredibly humbling," Bean shared in a recent interview. "But the real work isn't done yet. There are still battles to fight and rights to protect. I'm committed to using my resources, my voice, and my experience to ensure we continue to move forward."

A Balanced Legacy of Business and Advocacy
While Terry Bean's accomplishments in real estate are substantial, it is his ability to merge his business success with his passion for civil rights that truly sets him apart. Whether it's through strategic investments or supporting marginalized communities, Bean's approach has always been one of alignment—leveraging his business expertise to create lasting social change.

In addition to his work with HRC and other advocacy groups, Bean continues to be an active participant in the political landscape. He was a leading fundraiser for President Barack Obama's 2008 campaign, bringing together influential donors to support a platform of hope, inclusivity, and change. His commitment to progressive values has made him a respected figure not just in Oregon, but nationwide.

Looking to the Future
As Terry Bean looks to the future, he remains committed to expanding Bean Investment Real Estate while continuing to support causes that align with his values. With an eye on sustainable investment and a heart dedicated to social justice, Bean exemplifies what it means to be a leader who prioritizes both profit and purpose.

"In everything I do, I aim to leave things better than I found them," Bean noted. "Whether it's a property, a community, or a civil rights campaign, my goal is to make a positive, lasting impact."

About Terry Bean
Terry Bean is the President and CEO of Bean Investment Real Estate, a leading multi-family real estate firm based in Portland, Oregon. In addition to his business endeavors, he is a pioneering civil rights activist and co-founder of the Human Rights Campaign. With a career that spans real estate, politics, and advocacy, Bean remains a powerful advocate for equality and social justice.

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