Institute for Real Estate Studies

An overview of the Penn State Smeal Institute of Real Estate Studies and how it benefits students in Smeal's master's in real estate analysis & development programs.

As a Smeal graduate real estate student, you will benefit from Smeal's privately sponsored real estate research institution, a vital conduit between academia and industry professionals supporting leading-edge research. Engage with top real estate leaders in events such as panel discussions, mock interviews, and site visits through the institute's Real Estate Boot Camp.

Previous Boot Camp Events

  • ARGUS Certification Course
  • REIT Stock Pitch Competition
  • Rockport VAL Software Training
  • IRES Advisory Board Panel Discussion and Alumni Networking Event
  • Real Estate Site Visit: Pennrose and Henderson Properties, Philadelphia

The Real Estate Boot Camp also provides opportunities for students to interact with prominent leaders in the real estate industry. Check out our list of past speakers:

  • Stuart Rothstein, Apollo
    Penn State Alumnus
    Stuart Rothstein is a Director, the Chief Executive Officer and the President of Apollo. Since 2009, he has been a partner and the Chief Operating Officer of the Real Estate Group at Apollo Global Management, LLC. He is responsible for managing the day-to-day operations of the Real Estate Group as well as strategic planning and new business development.

  • John Layton, Bow River Capital
    Penn State Alumnus
    Mr. Layton is a senior associate who is responsible for originating, structuring, and managing real estate investments within the firm’s active portfolios with experience sourcing and executing transactions in Salt Lake City, Las Vegas, Phoenix, Dallas, Reno and Denver. In addition, he is involved in investment research, underwriting, due diligence, and financial modeling.

  • Ira Lubert, LLR Partners 
    Penn State Alumnus
    Mr. Lubert is the founder and partner of LLR Partners and has more than 30 years of private equity investing experience. In 2007, he co-founded Patriot Financial Partners, L.P. In addition to Patriot, he co-founded the following private fund advisory firms, Lubert-Adler Management Co, L.P. (1997), LLR Management, L.P. (1999), Quaker Partners Management, L.P. (2002), LEM Capital, L.P. (2002) and LBC Credit Management, L.P. (2005).

  • Eva Steiner, Cornell University School of Hotel Administration
    Professor Steiner is an assistant professor of Real Estate. Her research has been published in Real Estate Economics and the Journal of Real Estate Finance and Economics, among others. Her work has been recognized through a number of international honors and awards, and has attracted sponsorship from academic and industry-related sources, such as the Real Estate Research Institute.


Career Services

As a Smeal graduate real estate student, you will be privy to a multitude of career driven opportunities, such as, one-on-one career planning appointments, resume preparation and reviews, and mock interviews.