People in the News May 3, 2023: Vanguard University Names School of Business after New American Funding’s Patty Arvielo

Vanguard University Names School of Business after New American Funding’s Patty Arvielo

Vanguard University, Costa Mesa, Calif., an Hispanic-Serving Institution announced naming of the Patty Arvielo School of Business and Management; it is the first business school in the U.S. to be named after a Latina.

Patty Arvielo.

The Arvielos have partnered with Vanguard’s vision in sponsoring the largest academic donation in the university’s 103-year history.

Establishment of the Patty Arvielo School of Business and Management comes as the business program celebrates its 50th anniversary. With degree programs in accounting, business administration, management and marketing theSchool of Business will officially launch in the 2024-2025 academic year and will serve undergraduate and graduate residential, distance and non-traditional students in business, communication, organizational psychology and people operations.

“To be the first Latina with a University Business School in her namesake is beyond an honor. I’m still in awe,” Arvielo said. “You never know what life has in store for you when you work hard on things you are passionate about. Thank you to the Vanguard University community and my friends and family that made this moment so special. I will never forget it.

Arvielo and her husband, Rick, have been active for many years with the Mortgage Bankers Association. Arvielo currently serves on the MBA Residential Board of Governors (RESBOG) and has served on numerous MBA committees and task forces. In 2022, New American Funding received an MBA Diversity, Equity and Inclusion Residential Leadership Award.

Reina Abboud

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Abboud joins JLL with 10 years of experience in real estate finance. Prior to that, she served as a Financial Analyst with Phillips Realty Capital. During her career, she has been involved in originating, structuring and executing more than $1.5B in transactions in all asset types, with a strong focus on market rate and affordable multi-housing business.

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