Heron Wolf Commercial Real Estate Scholarship

$1,000
1 winner$1,000
Awarded
Application Deadline
Jul 1, 2025
Winners Announced
Jul 30, 2025
Education Level
Any
Eligibility Requirements
Education Level:
High school, undergraduate, or graduate student
Field of Study:
Commercial real estate sector

Building relationships and fostering community support are at the heart of the commercial real estate industry. However, financial barriers often prevent many talented young professionals from fully pursuing opportunities in this field, limiting their potential to contribute and succeed. Supporting their education is essential to ensuring a strong future for the industry and preparing the next generation for impactful careers.

The Heron Wolf Commercial Real Estate Scholarship is designed to empower students who are passionate about commercial real estate and dedicated to making a meaningful difference through their work and careers.

Any high school, undergraduate, or graduate student interested in the commercial real estate sector may apply for this scholarship if they have leadership potential and a commitment to building strong communities.

To apply, we invite you to share your story: What drives you, how this scholarship would support your goals, and who has been the most influential person in your life.

Selection Criteria:
Ambition, Drive, Impact
Published October 28, 2024
Essay Topic

Please tell us a bit about yourself and what inspired you to choose your focus within the commercial real estate space. Discuss how receiving this scholarship would assist you in achieving your long-term career goals within commercial real estate. Who has been the most influential person in your life and why? How have they influenced your views on education and your personal goals?

400–600 words

Winning Application

Izarriah Melgar
University of ConnecticutStonington, CT
My passion for real estate began at home. Growing up, I watched my mother invest in multifamily properties--we would live in one unit and rent out the others. That early exposure taught me the power of real estate to build wealth, provide stability, and create opportunity. At first, I imagined owning properties to help a few families. But as I grew older, I started thinking bigger--about the vacant malls, the outdated parks, and the larger systems that shape how communities live, work, and connect. That’s when I realized my purpose lies in commercial real estate. It’s not just about flipping house--it’s about transforming cities and creating environments that bring people together and improve lives. Today, I serve as an investment analyst for Hillside Real Estate Investors--UConn’s student-run investment fund. I recently helped close a 66,000 sq. ft. ground-up retail development in Texas. The project embraces the lifestyle center trend, featuring walking trails, pickleball courts, a restaurant/bar, and traditional retail. Located in the heart of a 5,000+ home residential area, the development is designed to foster community. Projects like this have deepened my interest in building spaces that promote connection, wellness, and local vibrancy. This summer, I’m interning in New York City as a property management intern with JLL, a global leader in commercial real estate. I moved to a new city determined to immerse myself fully. I attend networking events almost daily, seek mentors, and build relationships--because in this industry, I’ve learned it’s not just about who you know, but who knows you. I’m committed to learning every corner of commercial real estate--from development and lending to property and asset management--so I can lead with depth and understanding. I also plan to earn my New York real estate license this summer, a requirement for property managers, and this scholarship would help cover the cost. It would also allow me to attend industry conferences like ICSC, CREW, and BOMA--opportunities that would otherwise be financially out of reach but would greatly enhance my knowledge and professional growth. As a first-generation college student from a low-income background, I’ve had to carve my own path. Through persistence and grit, I’ve earned certifications from Project Destined, spoken at university events--including an invitation by the Dean of the School of Business--and built a reputation as a leader who lifts others along the way. I’ve attended national conferences like NABA and ALPFA on full funding and continue to surround myself with mentors who believe in my potential. These moments have shaped me--but they’re just the beginning. What drives me now is legacy. I don’t want to just succeed--I want to use my success to open doors for others. My long-term goal is to become an urban developer who creates sustainable communities and launches a nonprofit that transforms shipping containers into housing for the unhoused--offering not just shelter, but job opportunities through my professional network to help rebuild lives. In the meantime, I’m focused on growing my expertise so I’m ready to make that vision a reality. The most influential person in my life is my mother. A single parent and investor herself, she taught me to be independent, passionate, and resilient. But most importantly, she reminds me that I dream this big because it’s the life God has planned for me. Her faith grounds me and keeps me focused on a future bigger than myself. The Heron Wolf Scholarship would not just support my education--it would accelerate my ability to lead, serve, and ultimately, build communities that last.

FAQ

When is the scholarship application deadline?

The application deadline is Jul 1, 2025. Winners will be announced on Jul 30, 2025.