Real Estate Law Honors Program. The St. John’s Law Mattone Family Institute for Real Estate Law Honors Program (the “Real Estate Honors Program”), offers partial or full tuition scholarships, and/or additional stipends to fund pre-professional and academic pursuits, to selected entering St. John’s Law students (“Real Estate Scholars”) who have a strong interest in real estate law, including real estate development, finance or investment. Scholarship and stipend amounts are awarded based on individual merit. Real Estate Scholars meeting the retention standards for the Real Estate Honors Program will be guaranteed admission to the Mattone Institute Real Estate Fellowship Program as rising 2Ls (but shall not be obligated to enroll in that program).
Real Estate Law Fellowship Program. The St. John’s Law Mattone Family Institute for Real Estate Law Fellowship Program (the “Real Estate Fellowship Program”), provided through the Mattone Family Institute for Real Estate Law (the “Mattone Institute”), offers an outstanding educational and pre-professional experience for selected 2L and 3L St. John's Law students ("Real Estate Fellows") who have a strong interest in real estate law, including real estate development, finance and investment. The Real Estate Fellowship Program provides to each Real Estate Fellow an annual stipend of up to $5,000, and, potentially, additional funds to pursue academic and pre-professional activities, which awards are incremental to any other scholarship monies. The Mattone Institute provides Real Estate Fellows with a unified program of academic and pre-professional instruction designed to prepare them for rewarding careers in real estate law, including real estate-focused externship, mentoring and clinical programs. Real Estate Fellows will be linked with the Mattone Institute’s strong network of alumni and connections in the real estate industry, and will participate in, and assist with, Mattone Institute networking events, conferences, seminars and continuing legal education programs. Real Estate Fellows will be given preferential access to limited-enrollment real estate law electives. The Mattone Institute’s Director and a dedicated Career Development Counselor with expertise in real estate career options will work closely with the Real Estate Fellows as they make decisions regarding curriculum, publications, internships, externships, and long-term career planning.
The Real Estate Fellowship Program is open to all St. John's Law students in the 2L year. 2L students apply to the Real Estate Fellowship Program either in the spring as a rising 2L or during the fall of their 2L year. The Real Estate Fellowship Program is also open to selected students in the 3L year (see below). Real Estate Scholars meeting the Real Estate Honors Program scholarship retention standards set forth in the St. John's Law Student Handbook shall be guaranteed admission to the Real Estate Fellowship Program. Other students are admitted to the program based on a competitive application process.
Students apply for the Real Estate Fellowship Program by submitting the Real Estate Fellowship Program application, together with a brief personal statement, to the Director of the Mattone Institute. There are two application cycles each year: between May 1 and the third Friday of June of each year (for rising 2Ls) and between November 15 and December 1 of each year (for 2Ls entering the spring semester).
The Program Review Committee will select candidates for the Real Estate Fellowship Program based on the following (the “Program Selection Criteria”): (i) the requirement of a cumulative G.P.A. of 3.3 or better in all real estate courses (including 1L Property) (subject to waiver by the Program Review Committee in exceptional circumstances), and (ii) a demonstrated dedication to real estate as a career option, including applicable work experience.
Students may apply for admission to the program as rising 3Ls, and may be selected for the program by the Program Review Committee on a case-by-case basis based upon the Program Selection Criteria.
Real Estate Fellows will agree to comply with the following requirements (the “Program Requirements”):
- Curriculum: Real Estate Fellows must complete a minimum of 15 credits comprised of the following courses:
- Core Foundation Courses: Both Business Organizations (BUSI-3000) (4 credits) and Tax – Basic Federal Personal Income (TAXL-1030) (3 credits); and
- Real Estate Foundation Courses: Either Real Estate Transactions (PROP-1090) (3 credits) or Real Estate Finance (PROP-1070) (2 credits) is required. A Real Estate Fellow may choose to take both Real Estate Foundation Courses, in which event both courses will be applied towards the 15 credit curriculum requirement.
- Advanced Courses: Real Estate Fellows will earn the balance of the required credits from one or more of the following Advanced Courses:
- Condominiums, Cooperatives and Homeowner Associations (PROP-1000) (2 credits)
- Construction Law (BUSI-4050) (2 credits)
- Drafting – Real Estate Transactions (PROP-1050) (3 credits)
- Land Use Planning (PROP-1010) (3 credits)
- Commercial Real Estate Leasing (PROP-2010) (2 credits)
- Environmental Law (ENVR-1000) (3 credits)
- Other electives listed as approved Advanced Courses from time to time on the Mattone Institute Approved Courses memorandum (to be posted to its website and in the Mattone Institute offices)
- For a Real Estate Fellow interested in a cross-disciplinary area of real estate practice, one or more other electives in related fields that may be specifically approved by the Director (in consultation with the Program Review Committee) from time to time, on a case-by-case basis
- Experiential Requirement: Real Estate Fellows must satisfactorily complete one of the following:
- An approved externship in the field of real estate law for which the student receives academic credit, or, with the approval of the Program Review Committee, other work experience in the field of real estate law over the course of law school;
- A writing of substantial quality on a real estate-related topic (a work used to satisfy the Scholarly Writing Requirement which has received a grade of B+ or better may be used to satisfy this requirement); or
- With the approval of the Program Review Committee, participation in a clinic focusing on real estate issues for which the student receives academic credit.
- Participation Requirement: Real Estate Fellows will assist the Mattone Institute with event planning, alumni and student outreach, curriculum development, research, and other projects for not less than ten (10) hours during each semester (such hourly requirement being subject to downward adjustment in the reasonable discretion of the Director). Real Estate Fellows are required to make a good faith effort to (a) meet with the Director of the Mattone Institute at least monthly and (b) participate in all Mattone Institute events. Real Estate Fellows are required to attend any event designated by the Director as mandatory, absent a valid excuse.
Participants in the Real Estate Fellowship Program will be referred to as “Real Estate Fellows” for the duration of their participation in the program, and may refer to themselves as “Real Estate Fellows” in resumes and similar materials following graduation if they satisfactorily complete the Program Requirements.
For information on the Mattone Institute’s current Real Estate Fellows, please click here.