Chicago Real Estate Development Coaching

Three ways to learn
how to build.

Real View Academy is a series of programs for aspiring developers — from a weekend intro seminar to a six-month residency with a live project. Led by a licensed architect who has purchased, financed, designed, built and sold over 100 ground-up projects in Chicago and near suburbs.

Choose Your Path

Three programs. One trajectory.

Every Real View Academy student lands on the same final question: is this actually for me? We've built three programs so you can answer that honestly — at the level of commitment that fits where you are.

Tier 01 · Intro

The Developer's Weekend

An intro seminar for the curious. Leave knowing whether this life is actually for you.

$895
one-time
One 6-hour session · Weekend
  • Six hours of live instruction in Chicago
  • The honest math: what developers actually earn
  • Chicago zoning primer & submarket overview
  • Intimate cohort — capped at 10 students
  • Lunch with Prashanth & the cohort
  • $500 credit toward the Sunday Series
Reserve a seat
Tier 03 · Residency

The Six-Month Development Residency

Eight deep sessions over six months. You work on a live project. You leave with a deal.

$9,995
or 4× $2,599
6 months · 8 sessions
  • Everything in Tiers 01 & 02
  • Active participation in a live Chicago project
  • Site selection through disposition — real decisions
  • Monthly 1:1 coaching sessions with Prashanth
  • Lender, broker & GC introductions
  • Direct access to PMPC's active deal pipeline
  • Six-month alumni network membership
  • Strict cohort limit: 6 residents
Apply for residency
Side by Side

What's in each program.

Feature Developer's Weekend Sunday Series Residency
Duration 1 day (6 hours) 4 weeks 6 months
Total instruction 6 hours ~16 hours ~40+ hours
Chicago market fundamentals
Chicago zoning deep dive Primer Full Full + applied
Pro forma modeling workshop On a live deal
Capital stack & lender intro Active introductions
In-person Chicago field days 1 walk Ongoing
Capstone deal pitch review
Work on a live project
1:1 coaching with Prashanth Monthly
Alumni network access 3 months 6 months + priority
Cohort size 10 max 12 max 6 max
Investment $895 $2,495 $9,995

One day of honest conversation about development.

The Developer's Weekend exists to help you answer one question: is this life actually for me? Most seminars are sales funnels dressed up as education. This one is the opposite — it's built to let some people walk away saying "not for me, and that's a relief."

Six hours, one Chicago conference room, ten people, lunch in the middle. You'll leave knowing the shape of the business, the real math behind a first deal, and whether you want to spend the next year of your life chasing one. The intimate cohort size means every question gets answered and no one hides in the back row.

Block 01

Who Actually Becomes a Developer

The five archetypes that show up to this seminar — agent, architect, contractor, investor, dreamer. Where each one breaks. Why most people who want to develop never start, and what separates the ones who do.

9:00 AM – 10:30 AM · Chicago office
Block 02

The Chicago Market, Plain English

What moves value in this city. Submarkets, block-by-block dynamics, the neighborhoods you should never touch, and the ones nobody is talking about yet. A zoning primer — enough to read a lot listing like a developer.

10:45 AM – 12:15 PM · Chicago office
Lunch

Cohort Lunch with Prashanth

Catered lunch on-site. No agenda. Honest conversation about where you are, what you want, and whether this is the right move. This is often the part of the day people remember most.

12:15 PM – 1:15 PM · On-site
Block 03

The Honest Math

What a first deal really earns. What the second deal earns. The real timeline from first site visit to cleared check. How to know if you have the runway — and the uncomfortable conversation about what this does to the next 18 months of your life.

1:30 PM – 3:30 PM · Chicago office
Wrap

Q&A and Next Steps

Open floor. Bring any question. We close by talking honestly about who should continue with the Sunday Series, who should wait, and who should walk away — and why any of those is a good answer.

3:30 PM – 4:00 PM · Chicago office

The core curriculum — compressed into four Sundays.

The Sunday Series is the heart of Real View Academy. Four consecutive Sundays, four hours each, covering the full arc from site selection to disposition. This is for people who already know they want to develop but need the framework, the math, and the confidence to pick a site and run it.

Sessions 1–3 are live on Zoom so you can attend from anywhere. Session 3 includes an in-person Chicago field walk on the Saturday before — half a day touring three contrasting lots where we underwrite each one out loud. Session 4 is your capstone: you pitch a real deal, and Prashanth gives you the same feedback he'd give a JV partner.

Sun 01

Foundations & Site Selection

The developer mindset. How to walk a Chicago block and see the deal. Feasibility frameworks, submarket reading, and the five questions that kill a bad site before you waste a week on it.

1:00 PM – 5:00 PM CT · Live Zoom
Sun 02

Chicago Zoning & Entitlements

R3, R5, RT4, ADU ordinance, variance strategy, and alderman relationships. How to read the zoning map like someone who has been denied before. The timeline from ZBA filing to approval.

1:00 PM – 5:00 PM CT · Live Zoom
Sun 03

Pro Forma Modeling + Chicago Field Walk

Saturday: half-day in-person Chicago walk — three lots, three underwrites, done out loud on the sidewalk. Sunday: line-by-line build of a duplex pro forma in Excel. Every student leaves with the template.

Sat 10 AM–2 PM in person · Sun 1–5 PM Zoom
Sun 04

Capital Stack + Capstone Pitch Review

Morning: the capital stack — debt, equity, JVs, personal guarantees, with a guest Chicago lender joining for Q&A. Afternoon: every student pitches their underwritten deal. Prashanth gives real, deal-meeting feedback.

1:00 PM – 5:00 PM CT · Live Zoom

The difference between a curriculum and a career.

Most coaching programs end with a certificate. The Development Residency ends with a deal. Over six months, each resident works directly alongside Prashanth on a live Chicago project — from site selection through closing statement — while completing eight deep teaching sessions that tie the textbook to the actual transaction.

This is not a spectator program. Residents participate in real decisions on real projects: reviewing pro formas, attending lender meetings, sitting in on design reviews with PMPC, walking construction with the GC. You'll see the parts of a deal that nobody writes about — the call where a lender pulls back, the moment a variance hearing goes sideways, the text thread with the contractor at 6 AM.

Because residents participate in live deals, we keep the cohort to six and require an application and interview. If it's not the right fit for you or for us, we say so honestly.

Mo 01

Session 1 · Orientation + Live Project Assignment

Cohort kickoff. Each resident is matched with an active project. We review the deal thesis, the capital stack, and the role you'll play over the next six months.

Full-day in person · Chicago
Mo 01

Session 2 · Underwriting on a Live Deal

You underwrite your assigned project from scratch. Prashanth marks it up. Every number gets defended or redone. By the end, you understand where rookie underwriting goes wrong.

Half-day intensive · Chicago or Zoom
Mo 02

Session 3 · Zoning, Entitlements & the Real Timeline

Deep Chicago zoning workshop applied to your deal. If the project needs a variance, you'll sit in on the strategy session. If it doesn't, you'll see why we chose an "as of right" path.

Half-day + field visits · Chicago
Mo 03

Session 4 · Capital Stack & Lender Meetings

Residents sit in on live lender conversations (with NDAs). See how terms actually get negotiated, and how PMPC structures JV agreements. Guest bank intros.

Half-day + live meetings · Chicago
Mo 04

Session 5 · Design, Permits & the Build-Out

Full day inside PMPC. Design review for your assigned project, permit status walkthrough, and GC bid review. You'll see the architect and developer sides of the same project.

Full-day intensive · PMPC office
Mo 05

Session 6 · Construction Management in Practice

On-site at your project. Walk the build with the GC. Review the schedule, the pay apps, and the change orders. Learn what actually blows up a budget and what's just noise.

Half-day on-site · Chicago
Mo 05

Session 7 · Marketing, Pricing & Disposition

Pricing strategy, broker selection, staging decisions, MLS timing. We'll dissect how recent PMPC projects got sold — including the $3.525M Racine View duplex.

Half-day intensive · Chicago or Zoom
Mo 06

Session 8 · Your Own Deal — Full Pitch & Forward Planning

The capstone. Each resident presents their own first deal — site identified, numbers underwritten, capital plan drafted. Prashanth and a guest panel give the same feedback a deal committee would. Many residents' first deals get initial capital commitments right here.

Full-day intensive · Chicago
Monthly

1:1 Coaching with Prashanth

One hour each month, dedicated to your own deal pipeline. Bring any site, any pro forma, any tricky decision. This is where residency pays for itself.

60 min · Monthly · By appointment
Upcoming Dates

When the next cohorts begin.

Intro seminars run monthly. Sunday Series runs quarterly. The Residency launches twice a year.

Developer's Weekend
$895 · Monthly
  • Sat, May 9, 2026Filling
  • Sat, Jun 13, 2026Open
  • Sat, Jul 18, 2026Open
  • Sat, Aug 22, 2026Open
  • Sat, Sep 19, 2026Open
Sunday Series
$2,495 · Quarterly
  • May 3 – May 24, 2026Filling
  • Aug 2 – Aug 23, 2026Open
  • Oct 4 – Oct 25, 2026Open
  • Jan 10 – Jan 31, 2027Waitlist
Residency
$9,995 · Twice yearly
  • Jun 2026 – Nov 20262 seats left
  • Jan 2027 – Jun 2027Applications open
  • Jun 2027 – Nov 2027Interest list
Prashanth Mahakali, AIA — Licensed Architect and Active Developer
Prashanth Mahakali AIA · NCARB Chicago · Est. 2005
About the Instructor

An architect who also signs the personal guarantee.

Prashanth Mahakali, AIA has spent two decades at the intersection of architecture and real estate development. As principal of PMPC Architects and co-founder of Real View DD and Real View Properties, he designs, builds, and sells ground-up residential projects across Chicago — then teaches from what actually closed.

Most real estate coaches are agents or investors. Prashanth has stamped drawings, filed Chicago zoning variances, managed GC crews, and sat across from lenders with his own signature on the note. The curriculum reflects that reality: what the pro formas hide, where entitlements stall, and how to close a deal when the comps disagree with you.

AIA · NCARB Licensed
Licensed architect, multi-state reciprocity
LEED AP BD+C
Sustainable design accreditation
Illinois Managing Broker
Active brokerage & acquisition experience
20+ Years in Practice
Principal of PMPC Architects since 2005
Active Developer
15 properties across 12+ legal entities
Chicago Zoning Expert
R3 / R5, ADUs, variances, setbacks
"

The difference between a curriculum and a career is one real deal. The Residency exists so that the coursework becomes your first project — with someone who has done this before sitting next to you.

— Prashanth Mahakali, AIA · Founder, Real View Academy
Questions & Answers

Before you commit.

Start with the Developer's Weekend if you're curious but not yet committed — you'll leave knowing whether this is actually for you, and the $500 credit rolls into the Sunday Series if you continue. Pick the Sunday Series if you already know you want to develop and need the framework. Apply for the Residency if you're ready to do an actual deal in the next year and you have either the capital or the credibility to close one.
Each resident is matched with an active project (under NDA). You'll participate in real decisions — reviewing underwriting, sitting in on lender calls, attending design reviews, walking construction with the GC. You are not an investor in the project, and no equity is offered or required. You are there as an apprentice-observer with structured participation. The goal is for you to see the full six-month arc of a deal so that when you run your own, the rhythm is already familiar.
The Developer's Weekend is in-person in Chicago. The Sunday Series is mostly on Zoom with one Chicago field walk. The Residency requires regular trips to Chicago — we recommend residents live within driving distance or plan on monthly visits. About 70% of the curriculum (pro forma modeling, capital stack, construction management) translates anywhere, but the zoning and market sessions are Chicago-specific.
The Developer's Weekend is first-come, first-served. The Sunday Series has a short application so we can balance the cohort. The Residency requires a written application and a 30-minute interview — not because we're trying to be exclusive, but because we need to know you're ready for the commitment and that working with us is right for you, too.
Yes. The Sunday Series offers 3 monthly payments of $875. The Residency offers 4 payments of $2,599 spread over the six-month program. The Developer's Weekend is paid in full.
The Developer's Weekend is refundable up to 14 days before the session. The Sunday Series is refundable before Session 2 begins. The Residency has a 30-day money-back guarantee from Session 1. After those windows, we can transfer your enrollment to a future cohort.
Yes. The $500 credit from the Developer's Weekend applies toward either the Sunday Series or the Residency. Sunday Series participants also receive a $500 credit toward the Residency if accepted within 12 months. The programs are designed to stack — your path from Weekend through Residency can compound up to $1,000 in credits.
Apply

Tell us which door feels right.

A short application gets you on a 20-minute call with our team — no hard sell. We'll help you pick the tier that matches where you are. If we're not the right fit, we'll tell you.

Application received.

Thanks — we'll follow up within 48 hours at the email you provided. In the meantime, feel free to reply with any questions.