Austin J. Jaffe, age 66, of State College, PA, formerly of Chicago, esteemed professor in real estate/finance at Penn State University; beloved husband of Lynn, nee Laiken; loving father of Alexander (Katherine) Jaffe and Roxanne Jaffe; adored grandfather of Allison; devoted son of the late Aaron and late Shirley Jaffe; cherished brother of Yale (Susan) Jaffe; dear brother-in-law of Marlene (Barry) Rottman; treasured uncle and friend to many. Graveside service Monday 11:00 a.m. at Shalom Memorial Park, Rand & Wilke Rds., Arlington Heights. In lieu of flowers, memorial gifts can be directed to the Smeal College of Business. Please make checks payable to The Pennsylvania State University, with the memo section noting, “Smeal College of Business/In Memory of Austin J. Jaffe.” The check should be mailed directly to: Penn State Smeal College of Business, Attn: Michelle Houser, 209 Business Building, University Park, PA 16802. Info: The Goldman Funeral Group, www.goldmanfuneralgroup.com (847) 478-1600.