The Daniel M. DiLella Center for Real Estate at the Villanova School of Business announced that they are creating a real estate fund that will be run by students, with a full launch planned for Fall 2018.
The funding will be entirely donor based and operate as a limited liability partnership. The fund has raised over $650,000 from alumni so far.
“This is taking it to the next level,” said Director of Daniel M. DiLella Center for Real Estate’s Jessica Taylor in a Philadelphia Business Journal article. “They’re going to truly understand the full investment process, what it takes to look for a good deal, invest in it, monitor it and understand when things go wrong … There’s not a better way to learn it than to do it.”
The fund is intended to prepare students for real-world investment situations, providing them with hands-on experience.