MLG Capital Named a 2019 Top Workplace by The Milwaukee Journal Sentinel
MLG Capital, a privately held commercial real estate firm founded in 1987, announced today that it has been named one of southeastern Wisconsin’s “2019 Top Workplaces” by The Milwaukee Journal Sentinel.
Companies on the Top Workplaces list must meet strict standards as the honor is based on results of an employee feedback survey administered by Workplace Dynamics, LLC, a leading, independent research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture comprise the rating index, including Alignment, Execution, and Connection.
“It is a great honor to receive this award since we credit MLG Capital’s impressive track record to our team of more than 294 employees across all business units, consisting of seven principals with an average tenure of 23+ years, four attorneys, eight CPAs, engineers, land planners and many other highly trained real estate investment professionals,” said J. Michael Mooney, Co-Founder & Principal.
In October, MLG Capital moved into a new headquarters building in Brookfield that features a modern, open-concept office space with amenities like a large employee lounge, outdoor patio and other gathering spaces, as well as Pilates, pinball, bocce, a pool table and more. The concept is intended to promote strong workplace communication and productivity.
“MLG Capital launched 30+ years ago with just six people and today our dedicated team members enjoy coming to work and believe that the true responsibility of a company goes beyond the quest to make money. Quite simply, we enjoy each other’s company and our relationships with the investors, tenants and the communities in which we do business,” Mooney said.
As a result of the MLG Capital team’s commitment and dedication, each of the MLG Private Funds has successfully acquired, directly or indirectly, a geographically diverse portfolio of commercial real estate primarily consisting of (in order of preference) multifamily properties, industrial, retail, and office properties in several key U.S. markets. Since the inception of MLG Capital, the firm and its associated entities have had active, exited or pending investments of approximately 18.8 million square feet of total space across the United States, inclusive of more than 13,800 apartment units, with exited and estimated current value exceeding $1.73 billion*.
“Our operating history is rooted in absolute integrity and this shows in our investment results. We’re proud that our track record of favorable returns has earned us a strong reputation and following. Our experience is in real estate investment and management first, so when it comes to selecting properties, our investors know that there are trusted experts at the helm. Our team’s success is truly our investors’ success,” said MLG Capital CEO & Principal Timothy J. Wallen.
MLG Capital targets 12-16% net IRR returns to investors from a combination of cash flow and appreciation over time and has consistently achieved these returns throughout its history. The company understands that investors want a consistent return on their real estate investments without the hassle of management and strives to operate as a family. MLG Capital has proven its ability to achieve profits in various market cycles and economic conditions and believes deal sourcing is key in finding opportunities, regardless of cycle.
Read more about MLG Capital’s latest offering by visiting: www.mlgcapital.com/PFIV
To learn more, contact Investor Relations, at (262) 797-9400 or at IR@mlgcapital.com