Borgman Capital and Marquette University Students Partner on Real Estate Investment
The Marquette University Real Estate Asset Program’s (REAP) third deal - and first industrial investment and portfolio investment - is in the books, with deal sponsor and partner Borgman Capital. Launched last year as a groundbreaking hands-on educational experience, REAP uses about $2 million from actual investors who decide whether to accept certain deals based on analysis and presentations from Marquette University Center for Real Estate students.
The Marquette students partnered on Borgman Capital’s May purchase of five buildings with a combined 478,000 square feet. Four located in Germantown and Menomonee Falls are leased by MGS Manufacturing. The fifth building is located in Antioch, Illinois.
“REAP gives students real-world experience that, as a potential employer for these students moving forward, would give them a leg up,” said Matt Kiefer, director of real estate investments for Borgman Capital.
The REAP program is for juniors and seniors and lasts three semesters. The students analyze offerings provided by companies, digging into their projected future revenue, the pros and cons of the surrounding community, and attractiveness of their tenants, for example. In May 2023, nine seniors who participated in the program graduated from Marquette University, representing REAP’s first graduating class.
