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The Joseph and Joyce Freed: Tomorrow's Leaders in Real Estate Initiative

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Congratulations to the 2008-2009 Scholarship Recipients!

From left to right - Edgar Flagg, Richard Similio, Baisha Ward, Diane Street, Felicia Commons, James Daughrity, Lynette Hutcherson and Marva Boyd

Program Overview

Joseph and Joyce Freed achieved success as leaders in the commercial real estate industry, developing commercial properties in the Chicago region and the nation.  One of the continuing goals of the Freed family and their firm, Joseph Freed and Associates, is to contribute to the education and professional development of students who can become future leaders in the real estate industry. 

The Joseph and Joyce Freed TOMORROW’S LEADERS IN REAL ESTATE INITIATIVE is designed to make higher levels of education – academic and professional - more readily available to women, minorities, and those who are economically disadvantaged and to qualify them for leadership positions in the industry and to assist them in obtaining those positions. 

PROGRAM ELEMENTS

Scholarships and Financial Assistance

Two levels of financial assistance are available:

• Selected students will receive an annual scholarship of $5,000/ year for up to two years to complete the degree program.
  
• Financial Aid assistantance (student loans) will be provided as needed by the university’s existing financial aid process.
  
• To qualify for other financial assistance, all student applicants must complete two forms:  1) Free Application for Federal Student Aid (FAFSA); and 2) The Roosevelt University Financial Aid Application.

Faculty Counseling

Students will be assigned full-time or adjunct faculty to provide guidance concerning their academic choices, as well as other counseling, during their studies.

Technical/Information Technology Training

On-site training courses will be provided to Freed Fellows to give them the latest in computer and information technology skills.   The training will include basic business software plus industry specific industry resources including, but not limited to, the following: Argus financial software; SNL REIT Data Source; Lexis/Nexis; Co Star and ArcGIS Desktop

Professional and Personal Skills

Industry professionals will provide intensive professional and personal skills training to all Freed Fellows.  These afternoon courses will be held in specific segments throughout the fall and spring semesters.  Subjects to be addressed will include:

Self-presentation and etiquette skills, Group presentation skills, Personal financial skills and Time management. 

Writing and Composition Training

Industry professionals will also provide intensive classes in writing and composition skills to all Freed Fellows.  These afternoon classes will be provided in specific segments throughout the fall and spring semesters.  Subjects to be addressed are: Writing and composition skills, Memo and letter composition, Document organization, Resume preparation, and Speech/presentation preparation.

Mentorships/Internships

Fellows will be assigned a mentor from Joseph Freed and Associates (or related firms), which is a practitioner actively involved in the real estate industry in the Chicago area.  The mentor will provide real life experiences for students, such as shadowing opportunities, attendance at professional events, firsthand exposure to the industry, and participation in company activities. 

Student/Institute Forums

Each fall and spring semester a luncheon forum with the Fellows, faculty, and the mentors will be held.

The forums will serve as a sounding board, a learning experience and a networking opportunity for all program participants.

Career Evaluation

Each semester, an industry professional will meet with the Fellows to review and explore career options.  These meetings will include an evaluation of the mix of classes and industry events to best prepare individual students for placement in their chosen field of real estate.

Industry Placement The real estate faculty will assist Fellows in composing resume materials, in obtaining interview appointments, and in preparing for industry interviews. 

 

STUDENT/PARTICIPANT REQUIREMENTS

Entry Requirements:

To qualify for a scholarship or other financial assistance, applicants must provide the following completed information:

• Free Application for Federal Student Aid (FAFSA): FASFA
• On-line graduate admission application: Graduate Admission Application
• Scholarship Program Application: Program Application
• 300 word essay (explaining your goals for entering the real estate program)
• Current resume
• (if employed) a letter of recommendation from current employer is preferred.
• Official transcripts from undergraduate institution

Applicants will be required to have completed an undergraduate degree (with a minimum 3.0 average) or to have completed 2-3 years of work at a meaningful level in real estate or a closely related field. 

Program Participation Requirements

Graduates will be required to maintain an overall grade point average of 3.5 or better; participate in four professional development workshops and be continuously registered in one of the real estate degree programs – either the MBA/Concentration in Real Estate or the Masters of Science in Real Estate. The degree must be completed in two years.

FALL 2009 APPLICATION DEADLINE: JUNE 30, 2009

To apply please download an application by clicking here

 

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