SUBMIT A LEAD.
We are actively seeking existing value-add or development projects that may be a potential fit for an investment by our Fund. Please keep the Fund in mind and contact us for any current or future projects that allow us to consider a co-investment.
Daniel M. DiLella & Thomas M. Mulroy
Real Estate Student Managed Fund
DiLella-Mulroy
Fund
Villanova University is the first university to offer undergraduate students the opportunity to manage a real estate investment fund.
About the Fund
DiLella-Mulroy Fund
In 2018, the Villanova School of Business and the Daniel M. DiLella Center for Real Estate launched the Daniel M. DiLella and Thomas M. Mulroy (DiLella-Mulroy) Real Estate Student Managed Fund. The Fund consists of students who serve as senior managers, analysts and interns who work cohesively to research, evaluate and underwrite potential commercial real estate investment opportunities.
By the Numbers
(as of March 2025)
Portfolio Count
9
Realized Investments
5
IRR of Returned Investments
32.35% (Average)
Equity Multiple of Returns
2.05x (Average)
Portfolio Occupancy Rate
92.7% (Average)
Deal Sponsors
8
DiLella Mulroy Fund
Student Opportunities
Fund Managers
Student Fund Managers are seniors who work closely with the Business Fellow to evaluate deals and present findings to members of the Fund's Investment Committee.
Fund Analysts
Analysts, juniors at VSB, support the Fund Managers through the entire investment process.
Fund Interns
Interns are sophomores looking to learn more about real estate investing and managing a portfolio.
© 2022 by Villanova University's Daniel M. DiLella Center for Real Estate