Maximizing client and partner wealth in real estate investments.

MLG Capital makes JV & Preferred equity investments across the U.S. in a variety of asset classes including, multi-family, industrial, office, and retail real estate. The MLG Capital team has built a substantial portfolio while retaining an operator mentality to the investment process. We want to be your partner.

Preferred Equity

Disciplined Philosophy

Our disciplined philosophy is what enables us to outperform and succeed. We manage risk by aligning our historical experiences with experts in their geographic locations. We work to generate investment returns the right way, by creating value at the asset level through a hands-on approach.

JV: Joint Venture

Aligned with Sponsors via JV

We’re the most aligned platform in the category. Investing our capital alongside yours ensures our interests are one and the same. It’s the right way to do business, and a strategic place for our capital.

Why Partner with MLG?

In addition to being an equity provider, MLG seeks to be a strategic investment partner. With our almost 30 year history as a full service real estate company, we understand the risks of investing in private real estate and the challenges faced by managers . We work diligently to ensure our partners have the necessary resources for our investments to succeed.

Capital Stack & Private Equity Strategy

  • Invest in real estate with values ranging from $2 million to $50 million
  • Invest $1-$10 million of MLG Equity per deal
  • Prefer not to use more than 70% LTC, but will selectively consider using more debt
  • Prefer not to use CMBS debt
  • Co-invest with local sponsors
  • Capitalize on sponsor’s experience within the market to best source, finance, acquire, manage, and sell real estate assets
  • Create joint venture partnership in which the capital stack is split between 90%/10% and 50%/50% between MLG and the sponsor

Return Parameters

  • MLG invests in stabilized and value add investments with investor capital seeking both current income and value growth
  • Minimum levered cash on cash returns of 9% between years 2 and 4
  • Minimum property level levered IRR’s of 16%
  • Hold periods typically range from 3 to 7 years

 

States that MLG will invest Equity

States that MLG will invest Equity

 

Preferred Equity Strategy

Provide Preferred Equity for local sponsors:

  • Provide preferred equity to assist in recapitalization and deleveraging of current ownership groups or capitalizing new acquisitions
  • Minimum 9% to 12% in current pay with a minimum look back IRR of 15%

Partnership

  • We prefer to partner with sponsors who self-manage the properties and agree to compensate them for their work as managers

Sample Equity Investment Deals

River Road Industrial/Flex

Concierge Apartments

Quadrant Office Building

Cedar Point Retail