PREA Announces 2022 PREA-Toigo Recipients

John Akpan is an MBA candidate at the Wharton School of the University of Pennsylvania. He is the Executive Vice President of Professional Engagement for the Wharton Real Estate Club. Akpan recently interned as an MBA Summer Associate with Almanac Realty Investors, Neuberger Berman's private real estate arm that invests growth capital into real estate companies. He also has interned with Roofstock, a single-family rental proptech company, where he helped build out the company’s thesis on fractionalized non-fungible tokens of residential real estate. Prior to Wharton, Akpan was an Investment Associate with Twain Financial Partners, where he underwrote structured equity and debt investments across all asset types—these financial products (ground leases, tax credits, and PACE) were specifically geared at replacing mezzanine debt in asset-level transactions. Akpan holds a BBA in Finance and a BA in Ethics & Public Policy from the University of Iowa. He is an active member of the Urban Land Institute, was part of the inaugural Real Estate Diversity Initiative cohort in St. Louis, and has since served as an alumni mentor.

Ariel Frazier is an MBA candidate at Columbia Business School (CBS). In addition to being a Toigo Fellow, she is also a Columbia Fellow, Forté Foundation Fellow, and Management Leadership for Tomorrow (MLT) Fellow, and she served as Assistant Vice President of Clubs within the CBS Student Government. Before business school, Frazier worked as a Management Consultant in the Asset and Wealth Management sector at PricewaterhouseCoopers. In this role, she helped clients remediate regulatory risks and improve operational efficiency through outsourcing front-office functions. She also served on the executive boards of the Black Inclusion Network, Women’s Advisory Network, and Skills for Society, PwC’s pro-bono consulting team. Frazier holds a BS in Finance and Economics with a minor in Real Estate from Lehigh University.

Jerome Fulton, Jr., is an MBA candidate at Harvard Business School, where he is the Co-President of the African American Student Union. Fulton recently interned with Nuveen, where he worked with the Real Estate Impact Investing group, focusing on managing affordable multifamily assets. Prior to HBS, Fulton worked in strategy and operations at Deloitte Consulting and in financial services at EY, where he analyzed the commercial real estate portfolios of large banks. Fulton holds a BS in Accounting from the University of Florida (UF) and a Master of Accounting from the University of Southern California. He is also a certified public accountant in North Carolina. While at UF, Fulton was inducted into the UF Hall of Fame for his academic excellence and service to the university community. Additionally, Fulton runs the Angel B. Wilson Foundation, a nonprofit organization dedicated to helping high school students impacted by gun violence.

Eliana Lozano is an MBA candidate at the University of Michigan Ross School of Business. Originally from Habana, Cuba, and raised in Miami, FL; she earned a BS in Biological Health Sciences in 2017 from the University of South Florida and interned at JPMorgan Chase during summer breaks. Upon graduation, she continued to work at JPMorgan Chase as a Marketing Associate and worked on a community consulting project to open a teen center to benefit underserved youths in Wilmington, DE. Currently, Lozano is the President of Michigan Business Women and an Investment Associate of the Michigan Ross Real Estate Fund; she completed an Open Access Fellowship at Hunt Capital Partners, an affordable housing syndicator based in Los Angeles. Lozano recently completed a summer internship at Nuveen Real Estate, working in portfolio management in the Chicago office.