Maximizing client and partner wealth in real estate investments.

MLG has been involved in investing profitably in real estate investment for almost 30 years. Here are few recent case studies.

Apartments

Apartments

Windridge Apartments- Dallas, TX

720 Apartment Units

Acquired: July 2013

Disposition: April 2015

MLG Capital successfully acquired (2013) and exited (2015) Windridge Apartments in Grand Prairie, TX (Dallas MSA). This Direct Acquisition property was 720 units. MLG Capital identified improvements necessary to increase valuation to the property ,as well as realize full market rent potential.

This transactions yielded a property level IRR of 58.85% and a multiple of 2.12x in under two years ownership.

Targeted acquisitions such as Windridge exemplify our ability to acquire properties via relationships, create value, and realize substantial distributions to our investors.

windridge (2)  Windbridge Apartments (2)   Windridge Apts

Retail

Retail

Cedar Point and Maple Grove Retail Centers – Minneapolis, MN

61,773 and 32,235 Retail Sq/ft Centers

Acquired December 2015

Currently Held Property

MLG Capital successfully acquired the two retail shopping centers in December 2015. The asset was acquired ±25% below replacement cost with value-added opportunity in the ability to lease-up the property. At acquisition the property was ±77% occupied in a sub-market that is closer to 90-95% occupancy. Strong in-place tenants consist of Chipotle, Great Clips, Noodles, GNC, Subway, ect provide strong cash on cash returns. 45 days into ownership a large tenant has already renewed substantially above pro-forma anticipations.

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Industrial

Industrial

The New Berlin Center (TNBC) – New Berlin, WI

114,990 Sq/ft

Acquired August 1994

Disposition: November 2014

MLG Capital successfully acquired two industrial/flex properties in August 1994 known as “The New Berlin Center” located in New Berlin, WI. The property was approximately 114,990 Square Feet. MLG’s successfully acquired, leased the property, and maintained strong occupancy. MLG successfully operated the property for approximately 20 years, when MLG exited the investment in November, 2014.

This transactions yielded a investor level IRR of 26.04% and a multiple of 4.18x for the investment.

Targeted acquisitions such as The New Berlin Center exemplify our ability to acquire properties via relationships, create value, and realize substantial distributions to our investors.

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