News & Events

Tim Wallen Named One of CRE’s Best Bosses

Tags: Awards
author-image
author

Michael Mooney

Principal and Co-Founder

On behalf of all of us at MLG Capital, I’d like to extend a sincere congratulations to our Principal and CEO, Tim Wallen, on the honor of being named one of Commercial Real Estate’s Best Bosses by GlobeSt.’s Real Estate Forum.

The prestigious annual award honors only a small number of the industry’s leading, most respected executives, and I can’t think of anyone more deserving of this recognition than my friend and our leader.

As CEO since 2000, Tim has helped MLG achieve exponential growth. Just a few of highlights from a long and impressive list of accomplishments include:

  • Growing MLG from 100 to nearly 500 employees and fostering a fun, supportive and award-winning company culture along the way.
  • Playing an instrumental role in the acquisition of over 24 million square feet of commercial properties across 19 states, with an exited and estimated current value exceeding $2.5 billion.
  • Leading the transition to our fund strategy approach, providing investors the opportunity to participate in portfolios of assets rather than individual deals.
  • Closing out our $250 million Fund IV at the end of 2020, which was our largest and fastest raised fund to-date, and launching Fund V early this year.

This year’s Best Bosses award specifically recognized leaders who stepped up during the COVID-19 pandemic and served as persevering and reliable constants, offering transparent support to employees while driving their companies forward.

Tim fit the bill here, too, as an intentional, supportive and passionate leader who projected a positive and uplifting attitude throughout the pandemic. His quick decision-making and leadership helped us adapt overnight, and our technology use and resources have increased tenfold this past year. Despite it being a challenging year for the broader commercial real estate industry, Tim helped MLG thrive in 2020, reviewing an astonishing $40+ billion in deals last year.

Tim’s character and commitment to MLG, our employees, our investor family and our community is unmatched, and we congratulate him on this well-deserved recognition. Check out this excerpt from the Globe St. article to learn more, or watch the video below to hear from some of our team members.

Our team is ready to walk you through MLG’s longstanding history investing in private real estate and our unique solutions for both novice and experienced real estate investors alike. Learn more. 

J. Michael Mooney is a Principal and Co-Founder of MLG Capital and a real estate veteran with 52 years of experience at the highest level. He’s a family man and a firm believer in a strong, fun, energetic and aspirational culture. His license plate spells INNOV8, a motto he’s used to revise, survive and then thrive both in life and in work.

Investment Insights to Keep You Ahead

EXPLORE MORE INSIGHTS
  • news image
    News & Events

    Tim Wallen featured in Real Estate Business’ “Question of the Month”

  • news image
    News & Events

    MLG Capital Senior Vice President Dan Price Named Top Influencer in Multifamily by GlobeSt Real Estate Forum

    Brookfield, Wis. (October 15, 2024) –  MLG Capital, a national leader in private real estate investments, today announced that Senior Vice President Dan Price was named a top Influencer in Multifamily Real Estate by GlobeSt. Real Estate Forum. The prestigious annual award recognizes individuals, teams and organizations that are impactful leaders within the industry. Price’s recognition marks the second consecutive year that a team member from MLG has been honored with the national award.   Price was recognized for his contributions to and achievements at MLG Capital, where he leads the firm’s Midwest multifamily acquisition efforts. Since joining the firm in 2020, he has been directly responsible for sourcing 17 multifamily and industrial assets worth more than $650M and played a pivotal role in making 2021 and 2022 back-to-back record-breaking years for the firm.   “Dan is a dedicated, smart, resilient and innovative leader, and a very worthy recipient of this significant recognition,” said Tim Wallen, principal and CEO at MLG Capital. “We are proud of Dan’s outstanding contributions at MLG, and we are honored to have him as a part of our team.”   MLG Capital has been acquiring assets since 1987. Since 2012, the firm has operated under...

  • news image
    Thought Leadership

    What is the J-Curve?

    The term “J-curve” is a concept often used to describe the typical investment performance trajectory of private equity and real estate funds over time. It represents the pattern of cash flows and returns that investors can usually expect during the lifecycle of these types of funds. The J-curve’s name is derived from the shape of the curve, which resembles the letter “J” when plotted on a graph, with time on the horizontal axis and returns on the vertical axis. When applied to real estate funds, the typical J-curve illustrates an initial dip in performance, a gradual increase, and eventual positive returns (as demonstrated on the graph below). Understanding the J-curve is important for investors, fund managers, and related parties as it provides insights into the expected timing of returns and the associated risks of investing in private real estate. The Stages of the J-Curve Stage 1: Investment Period (Capital Deployed into Markets) Stage 2: Value Creation (Operational, Financial, and Managerial Improvements) Stage 3: Harvest Period (Exit Investments to Realize Gains) Stage 1: Investment Period This initial downturn is primarily due to the upfront costs associated with establishing the fund and acquiring real estate, such as organizational costs, administrative costs, acquisition...