Spring 2027

Private Real Estate Equity Investment I: Analysis and Structures

An introduction to real estate private equity investment covering analysis, terms, return metrics, and structures for investment decisions.

offering recorded3 credits
Recorded instructors · Spring 2027 Paul Melkus

Summary

1 / 3

Recent recorded grades — Spring 2024: 3.38 GPA, 54.8% A/AB (n=42 letter grades); Spring 2025: 3.67 GPA, 87.2% A/AB (n=39 letter grades); Spring 2026: 3.98 GPA, 100.0% A/AB (n=26 letter grades).

What you’ll be able to do

  • Analyze real estate private equity investment structures

  • Determine property market growth fundamentals

  • Generate and evaluate comparable property lease and sale comparables

  • Model property income and investment waterfalls

  • Assess private equity investment and sponsor risk

  • Communicate audience-appropriate analysis of findings

  • Demonstrate small group leadership skills

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

REAL EST 415, declared in Business: Real Estate and Urban Land Economics graduate programs, or the Business Exchange program

    • REALEST 415
    • declared in Business: Real Estate and Urban Land Economics graduate programs
    • the Business Exchange program
    take one
REALEST 550

This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree
  • Any of
    • REALEST 415
    • declared in Business: Real Estate and Urban Land Economics graduate programs
    • the Business Exchange program

Professors

Spring 2027

Recent recorded grades — Spring 2026: 3.98 GPA, 100.0% A/AB (n=26 letter grades).

Historical instructors & teaching patterns

PAUL MELKUS is recorded teaching in Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 001Classroom Instruction0 / 460
LEC 002Classroom Instruction0 / 460

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
Download part 1

Student experience

the class

Recent recorded grades — Spring 2024: 3.38 GPA, 54.8% A/AB (n=42 letter grades); Spring 2025: 3.67 GPA, 87.2% A/AB (n=39 letter grades); Spring 2026: 3.98 GPA, 100.0% A/AB (n=26 letter grades).

difficulty & workload

No workload feedback recorded.

Topics

  • Real estate private equity investment analysis and structures
  • Property market growth fundamentals
  • Property income and investment waterfall modeling

Skills

  • Modeling property income and investment waterfalls
  • Generating and evaluating comparable property lease and sale comparables
  • Assessing private equity investment and sponsor risk
  • Analyzing real estate private equity investment terms and return metrics

Grades

Latest available · Spring 2026— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2026

More grade details Grade mix, volume & source data

Not enough comparable courses for Spring 2027 in UW–Madison.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Download part 1
Selected offering source records
REALEST 550 · Spring 2027

Private Real Estate Equity Investment I: Analysis and Structures

Recorded 2026-10-14
Raw records 
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:239:026096",
    "course_id": "REALEST 550",
    "course_uid": "course_ae1b08afedc4f43d2846607f",
    "term_id": "1274",
    "source_course_id": "026096",
    "source_subject_id": "239",
    "title": "Private Real Estate Equity Investment I: Analysis and Structures",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Not Applicable"
  }
]
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Student reviews

Original comments behind the course and instructor summaries.

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Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "bc791d44dd15d7278da7ff247d114f1e9465366f4a92092ff85ad936e7dd2018",
  "requirements_status": "needs_review",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}