News: Front Section
Posted: July 17, 2020
Rockport Mortgage Corp. awards $50,000 in scholarships in partnership with GBREB and uAspire
Gloucester, MA A $50,000 donation by Rockport Mortgage Corp. will fund scholarships for 40 Boston area students attending college this fall.
On Thursday, June 4th, Rockport Mortgage’s managing partner and president Dan Lyons was set to be recognized by the Greater Boston Real Estate Board (GBREB) and uAspire, a leading national provider of financial aid advising, as the recipient of the 2020 GBREB Humanitarian Award. The event would also honor lieutenant governor of Massachusetts Karyn Polito as the recipient of uAspire’s First One Award.
Although the event, GBREB Foundation’s largest fundraiser of the year, was postponed due to the pandemic, Rockport Mortgage donated $50,000 to provide Boston area students with needed additional financial support to attend college. “The pandemic may have canceled our celebration, but not our purpose,” Lyons said.
In 2015, GBREB and uAspire partnered to raise one million dollars for Boston students by 2018. After more than doubling that goal, mayor Martin Walsh challenged them to raise another million in only three years, a goal which is currently underway.
Lyons and Rockport Mortgage are widely recognized for philanthropy in the real estate world and beyond, particularly when it comes to supporting youth and family organizations. “There has been no other personal donor since the inception of this scholarship that has put as much compassion and care into the lives of young people as Dan Lyons,” said Greg Vasil, president and CEO of GBREB. “We are truly grateful to have such a dedicated partner.”
This year, the GBREB Scholarship program will give approximately 40 students “last dollar scholarships” which provide up to $5,000 per student and are designed to supplement their financial aid packages without affecting them. uAspire Manager of Individual Giving and Events Erika Del Rosario says recipients were notified of their awards at the end of June.
The Class of 2020 scholarship recipients will be known as Rockport Mortgage Scholars in honor of the company’s donation.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Quick Hits
Columns and Thought Leadership
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.