Old State Realty
Student Run Commercial Real Estate Group
What is Old State Realty?
Fully Student-Operated Mock Commercial Real Estate Group
Old State Realty serves as a one-of-a-kind fully student operated mock commercial real estate group. Old State Realty provides the opportunity for undergraduate students to gain exposure to real-world commercial real estate investments through interactive case competitions and investment pitches.
Experiential Learning
Old State Realty’s interactive case competitions and investment pitches provide members with hands-on experience in pro forma analysis, equity waterfall modeling, partnership structuring, and debt sourcing strategies. These experiences equip members with the technical skills and industry knowledge needed to succeed in real estate careers post-graduation.
Our Structure
Old State Realty’s structure empowers students to grow as leaders while gaining technical and professional experience through dynamic case competitions and investment pitches.
Each team is led by a captain and supported by analysts and associates, with senior advisors providing mentorship on deal structuring, market analysis, and presentation strategy. This collaborative environment allows members to tackle real-world real estate challenges and compete at a high level against top universities nationwide.
Our
Story
The Penn State Real Estate Society
Before Old State Realty was founded, the Penn State Real Estate Society served as Penn State's only real estate student organization. Real Estate Society was well known for hosting industry leaders and guest speakers at general body meetings.
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In 2023, the Real Estate Society Executive Board noticed the opportunity to create an organization that provided real-world experiences while developing students as leaders and young professionals. Thus, Old State Realty, America's first fully student operated mock commercial real estate fund, was founded.
Through dynamic case competitions and investment pitches, Old State Realty is the only student organization that provides the opportunity for students to get hands on commercial real estate experience. Old State Realty began official operations in the fall semester of 2023 with 15 active members, now having around 30 active members.