Twenty eight students receive scholarships from Center for Real Estate

The Center for Real Estate at Rutgers Business School, has identified twenty eight students to receive scholarships this semester. A committee comprised of advisory board members reviewed the applications and selected the recipients based on the students’ overall dedication, commitment and enthusiasm to the field of real estate. Twenty undergraduate students were each awarded $2,500 and eight graduate students were each awarded $3,500 for a total of $78,000 this semester.

Since the fall of 2015, the year after the Rutgers Center for Real Estate was established, students have had the opportunity to apply for scholarships in each semester. A number of students have received multiple scholarships from the Center for Real Estate and many of the first set of scholarship recipients have graduated and are now working in the field of real estate.

The center's advisory board and emerging leaders council members in their goal to support the Center for Real Estate as it grows, allocate a significant portion of their annual membership fees to student scholarships.

Lynn deCastro, executive director of PGIM Real Estate, a member of the Center for Real Estate’s executive committee and co-chair of the scholarship committee, indicated her support for the program, "While it has been my pleasure to serve on the board since the establishment of the Center for Real Estate, I have received the most satisfaction from co-chairing the scholarship committee with Ron Ladell."

"Our committee has reviewed dozens of applications and assisted many students with their tuition payments and loans, helping them to graduate with the skills that can provide them with rewarding professional careers in real estate," deCastro said.

Ron Ladell, senior vice president of AvalonBay Communities, Inc., a member of the Center for Real Estate’s Executive Committee and the other co-chair of the Scholarship Committee, was especially complimentary of the increased level of student scholarship applications.

"The Center continues to grow and expand its student population and course offerings," he said. "This semester we were pleased to receive more than 50 applications allowing the committee to select the top 28 as scholarship recipients."

To learn more about the Center for Real Estate at Rutgers Business School please visit www.rutgersrealestate.com. Stay connected by following the Center for Real Estate at Rutgers Business School on Twitter at: @RutgersCRE or like and follow the Center on Facebook at www.facebook.com/RutgersBusinessCRE.

About The Center for Real Estate at Rutgers Business School

The Center for Real Estate at Rutgers Business School was established in 2014 as a rising academic program positioned to transform and inspire the next generation of real estate leaders. The Center’s Advisory Board is comprised of the most knowledgeable and successful real estate professionals, in both academic study and in real world practice, and is dedicated to creating and cultivating a collaborative community of industry thought leaders. The Center for Real Estate is establishing and pioneering cross-disciplinary programs around two fundamental real estate challenges – supply chain/industrial real estate and public policy/urban redevelopment – in collaboration with established and renowned Centers already in place at Rutgers University.