Partnering with MLG Capital for Your Real Estate Assets
If you have a deal for a multifamily, industrial, retail or office asset and seek to either sell, contribute to the Legacy Fund, or partner with us through joint venture – we want to learn more about your property.
Conventional Asset Acquisition
MLG invests in a variety of real estate asset classes including multifamily, industrial, retail and office. The properties we seek include value-add opportunities as well as undervalued deals or opportunistic investments.
Investment Criteria
Total Capitalization
$10 ‒ $100M
Target Hold
2 ‒ 10 Years
Total Capitalization
$10 ‒ $100M
Target Hold
2 ‒ 10 Years
Targeted Markets of Acquisition
Wisconsin Headquarters
Located in Brookfield, a suburb of Milwaukee, Wisconsin, in a repurposed grocery store, our roots are grounded in grit and determination you can only find in southeast Wisconsin. That’s what sets us apart from anyone else in private real estate.
Denver
Soon to open late Q1 2024, we now have dedicated, local feet on the ground to assist with acquisitions and investor relations in Colorado and the Mountain West United States.
Dallas
Located at the heart of a strong real estate market, our office in Dallas serves as our hub for acquisitions in the Sun Belt.
Sarasota
Our office in Sarasota not only provides convenient access to getaways from northern winters, but also provides us an opportunity to have feet on the ground in one of America’s fastest growing states.
- Offices
- Satellite Offices
- Target Markets
Criteria by Asset Type
We target assets across multiple geographic markets and classes. Our investment strategy focuses on finding unique real estate acquisition opportunities, primarily in the five asset classes listed below.
*The criteria outlined below are for properties MLG Capital considers for acquisition by the Fund and are not related to the performance of the Fund itself.
Multifamily Assets
A- to B Classes
Value-add Class A- to B Investments
Renovate individual apartment units, amenities and common areas so rental rates and value can be increased. Properties over 200 units are preferred.
Criteria
-
Built
1980’s+ with strong preferences for 2000’s+ -
Units
200+
A Class
Under-Valued Class A Deals
Target newer construction properties priced below replacement cost at an attractive basis. Our goal is to increase property performance to create income or value appreciation..
Criteria
-
Focus
Solid Demographic and Submarket Metrics -
Seeking
Loan Assumptions and Equity Recaps
Industrial and Flex
Value-add Class B and C Assets
Undervalued or under-occupied/strong locations that provide opportunities for creating value through additional leasing, raising below market rent, or at attractive pricing.
Criteria
-
Built
1970s+ -
Square Footage
100,000+ -
Layouts
Multi-Tenant
Office and Retail
Unique Opportunities
MLG approaches office and retail property types with a merchant mindset. We seek assets generally used for staff workplace and corporate settings, or used for shopping and entertainment. We view these real estate assets though an opportunistic lens, where well-located properties can be improved by fixing a problem and exited upon completion.
Criteria
-
Built
1970’s+ -
Hold Period
Approx. 2-4 Years -
Seeking
Opportunistic with Higher IRR Target (18%+)
Ways to Work With Us
Joint Venture with MLG
Our strategy is focused on real estate in positive economic markets with job and population growth. We’ve accumulated numerous contacts from across the nation from which we seek opportunities and partnerships. Generally, we target 8% cash-on-cash and a 90% MLG / 10% sponsor equity split, but are open to other options. Download our Joint Venture Brief.
Direct Acquisitions
We target multiple asset classes for direct purchase, including in states where we are located, or a state where we have long-established relationships.
Legacy Fund
The Legacy Fund was specifically designed to provide owners of commercial real estate the option to dispose of their property while potentially benefiting from an investment in a professionally managed, diversified real estate fund. Owners may contribute their property via a tax deferred transaction in exchange for units in the fund. Additional benefits are explained below.
1031 Exchanges and Managed Accounts
Our approach is focused first on capital preservation, followed by income and appreciation to enhance after-tax returns.
I have a Property for Sale
At MLG, we’re looking to purchase commercial multi-family, industrial, retail and office assets. We are not seeking single-family homes.
I’d like to Start a Joint Venture
We are always looking for investment opportunities, especially from sponsors who are experts in a given market.