Daniel M. DiLella & Thomas M. Mulroy
Real Estate Student Managed Fund
Villanova University is the first university to offer undergraduate students the opportunity to manage a real estate investment fund.
About the 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 2023)
IRR of Returned Investments
Equity Multiple of Returns
Portfolio Occupancy Rate
DiLella Mulroy Fund
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.
Analysts, juniors at VSB, support the Fund Managers through the entire investment process.
Interns are sophomores looking to learn more about real estate investing and managing a portfolio.