9-16-16

6A — September 16 - 29, 2016 — M id A tlantic

Real Estate Journal

www.marejournal.com

M id A tlantic R eal E state J ournal Program supports higher education for residents of the firm’s properties Castle Lanterra Properties announces winners of academic scholarships

UFFERN, NY — Castle Lanterra Properties (CLP) has announced three winners of the firm’s inaugural academic scholar- ship program for residents and dependents living in the company’s properties throughout the East, South and Midwestern U.S. “We were honored and pleased to receive many strong applications from stu- dents who recognize the value of community and continue to work diligently to pursue their goals,” said Elie Rieder , the company’s founder and CEO. Since 2009, CLP has amassed S

a portfolio of more than 7,300 residential units, valued at over $1 billion. Applicants were asked to provide academic history re- cords and submit an essay dis- cussing an issue of personal, local, national or international concern and its importance to them. Demonstrated leader- ship, school and community activities, work experience and career goals were also im- portant considerations during the selection process. Yolanda Toby, a manage- ment major with an emphasis on Hospitality at Howard Uni- versity in Washington, DC,

was awarded a $5,000 schol- arship. A resident of CLP’s Harbor Pointe in Bayonne, NJ and a graduate of Talent Unlimited High School in New York City, Toby is currently gaining experience in event sales through a summer in- ternship and is also planning to obtain an MBA in Finance following her graduation in 2017. According to Toby, who does extensive volunteer work and is a trained ballerina, “I am ecstatic about receiving this award. It’s a great honor and great opportunity, and it is wonderful that Castle Lan- terra Properties is doing this for their residents.” JaMia Sneed, a resident of CLP’s Heights at Skyland community in Tuscaloosa, Ala., is studying respiratory therapy at Shelton State Com- munity College in Tuscaloosa and was awarded a $1,000 scholarship. A graduate of Hillcrest High School in Tus- caloosa, she was inspired for a career in respiratory therapy by the patient-to-patient con- tact and the fact that “many of the respiratory therapists I’ve spoken to have been in the profession for as much as 30 years. I was impressed by that.” Also awarded a $1,000 scholarship was Chauntea Robinson, an English major at Illinois State University in Normal, Ill. A resident of CLP’s Midpointe community in Chicago, she is a sophomore with a passion for reading and writing. “It’s exciting to learn about the resident students and their educational goals”, said Rieder. “We are very gratified to help support their current pursuits as they work toward a college degree. Our objective is to continue to strengthen CLP’s community connection by recognizing and rewarding the hard work of our resident students and their families.” “In collaboration with our regional property managers, we were able to generate tremendous interest and en- thusiasm among residents of our properties when the scholarship was announced in January of this year,” said Jim Brady , vice president of property management and operations at CLP. “We look forward to continuing this program – and our overall community outreach efforts – in the years ahead.” n

Yolanda Toby, $5,000 award recipient, being congratulated by Elie Rieder, Founder and CEO of Castle Lanterra Properties.

CONTACT | 212.201.8055 | info@castlelanterraprop.com | castlelanterra.com

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