Who’s the boss? Loyola students.


L


oyola Limited was founded in early 2010 by six under- graduate students with


the vision of creating student-run and -managed businesses around campus. In July 2010, they launched The


Flats at Loyola Station, a luxury 10-unit guesthouse across the street from the Lake Shore Campus. Today, the company employs more than 30 undergraduates. Loyola Limited’s second venture is Loyola Property Management (LPM), a real estate portfolio management firm. Established in July, LPM manages a portfolio of nearly 25 retail and residential tenants and $2.2 million in annual revenue for its one client: Loyola. LPM employs five undergraduate


students. They are responsible for budgeting expenses, securing rent- ers and collecting rent, complying


with laws and regulations, and maintaining many of the investment properties owned and operated by Loyola, including retail and residen- tial properties. “By turning over the manage-


ment of its retail portfolio to LPM, the University will experience a cost savings, but more importantly, it will provide an invaluable learning ex- perience for the students involved with the business,” said Michael Bouras, a senior and president of LPM and CFO for Loyola Limited. Loyola Limited gives students an


interdisciplinary academic experi- ence and hands-on training outside of the classroom that surpasses the typical internship opportunity. “These are legitimate business


operations that these undergradu- ates are taking on, and the entrepre- neurial experience they are gaining in the process will serve them posi- tively well after they walk across the stage at graduation,” says Michael Brosko, associate director of capital planning for the University and Loyola Limited program advisor. The group also plans to open two


other businesses this fall: Chain- Links, an on-campus, not-for-profit bike rental and repair shop, and Felice’s Roman Style Pizza, a fast and casual Italian restaurant.


For more information, visit loyolalimited.com.


Marcel Fredericks, triple alum and longtime faculty member, receives an honorary degree for contributions to medical sociology.


Star professor honored abroad


M


arcel Fredericks, PhD, has been a member of the soci- ology department for over four decades. A triple alum


COLLEGE OF ARTS & SCIENCES


LPM Managed Properties


R ETAI L • Argo Tea Café, Hershey’s, and Einstein Bros. Bagels (Loyola’s Lewis Towers)


• Bistronomic (840 N. Wabash)


• Carmen’s Pizza (6566 N. Sheridan)


• Carmen’s Beauty, Subway, RadioShack, MB Financial, Felice’s


(coming soon), and Tancun (Loyola’s Granada Center)


• Chick-fil-A (Loyola’s Corboy Law Center)


• Chill, Alfredo’s, and Sally’s Beauty Supply (Pearson and State)


• McDonald’s and Harris Bank (6481 N. Sheridan)


• North Community


Bank, El Souk, Holi- day Wine & Spirits, Quang Noodle, and Chicago State Loan Co. (800 N. State)


RES IDENT IA L


• 1305 W. Thorndale • 6256 N. Winthrop (Hopkins House)


of Loyola, he is the director of the Office of Research in Medi- cal Sociology, a field in which he is credited with creating and developing two new subdisciplines, genetic sociology and cellular sociology. He also pioneered a teaching model inte- grating the natural and social sciences: the Society, Culture, Personality (SCP) model. In addition to his many contributions to medical sociology research, he has received several teach- ing awards in his tenure at Loyola, including the Faculty Member of the Year in 2000 and the


Outstanding Professor and Educator Award in 2006. Fredericks, whose educational background includes study


at Cambridge and Harvard Medical School, earned his BS, MA, and PhD at Loyola. He can now add another degree to that list as the recent recipient of an honorary degree from Czesto- chowa University of Technology in Poland. “I am indeed pleased and honored to have been awarded


the Doctor Honoris Causa degree in recognition of my research contributions to the field of medical sociology,” says Fredericks. “I am gratified that this award initially resulted from my academic studies here at Loyola—my alma mater.” Fredericks is the first professor at a U.S. university and the first graduate of a Jesuit university to be awarded this degree.


SUMMER 2011


31


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48