Center for Real Estate celebrates scholarship donors and recipients

The Rutgers Center for Real Estate recently honored 50 students during its fourth annual scholarship celebration at the Rutgers Club in Piscataway. The students received scholarships ranging from $2,000 to $5,000 over the past two semesters.

The Center for Real Estate has awarded nearly $2 million in scholarships since its inception in 2014.

Donors of the scholarships, including members of the Rutgers Center for Real Estate Executive Committee, advisory board and leaders council, also attended the celebration. Several of the students were awarded scholarships donated by ICSC/Glenn and Mary Rufrano, the Hasan family, the Inspired Company, the Hampshire Real Estate Companies, and the Wilf/Tanzman and Kokes families.

Glenn Rufrano, former CEO of VEREIT and president, ICSC Foundation, said, “Your students are bright, ambitious and eager to succeed, and we are proud to continue our support of the center’s programs and students.”

Lei Lei, dean of Rutgers Business School, was among the guests who attended the dinner and had a chance to meet some of the real estate students and alumni. “The celebration of these scholarship recipients reflects the commitment of Rutgers Business School to reward excellent students,” Lei said. “It was heart-warming to see the appreciation the students and alumni had for the donors who work closely with the Center for Real Estate.”

Morris Davis, Paul V. Profeta Chair of Real Estate, and the academic director of the Center for Real Estate, spoke of the quality of the students: “This year we have taught some of the strongest students in the program. Several of the students participated on real estate case competitions and won or placed against large, well-known universities.”

“The Center awards so many scholarships thanks to the generosity of the advisory board, leaders’ council, and the many supporters we have, and we are so grateful to them,” Davis said.

Ron Ladell, chair of the Board of the Center for Real Estate and an adjunct professor for eight years, has reviewed hundreds of scholarship applications, and remarked, “It is gratifying to be in an environment of so many students who were honored with scholarship awards, many of whom I taught. Each of them was grateful for the scholarship, and their participation with the Center for Real Estate.”

The Center for Real Estate has awarded 650 scholarships since its creation.

About The Center for Real Estate at Rutgers Business School

The Center for Real Estate at Rutgers Business School was established in 2014 as an academic program positioned to transform and inspire the next generation of real estate leaders. The Center’s Executive Committee, Advisory Board and Leaders Council are comprised of the most knowledgeable and successful real estate professionals, in both academic study and in real world practice, all who are dedicated to creating and cultivating a collaborative community of industry thought leaders. (realestate.business.rutgers.edu)