Partners wanted.

• MLG does not share in the profits until clients have achieved an 8% cumulative preferred return and full return of original principal (European Waterfall).

Learn More about the European Equity Waterfall.

Investment Model⁴

Advisors that refer or invest over $5 million per fund receive enhanced profit-sharing terms: 80% to investors and 20% to MLG.

*Preferred rate of return is not guaranteed

• Across all MLG affiliate companies there are 950+ total employees, as of 12/31/23
• MLG’s team includes in-house staff of 55+ professionals who focus on a wide variety of job functions including:
  • Acquisition Professionals
  • Investor Relations
  • CPAs, Audit Staff & Tax Directors
  • Internal Fund Administration
  • Attorneys and Legal
  • Engineers & Land Planners
  • Real Estate Brokers & Professionals
  • Accounting & Asset Management
  • Property Management
• The management team consists of six principals who have been investing in real estate together at MLG for an average of 28 years.
• MLG’s Investment Committee is comprised of eight individuals including Principals, Senior Vice Presidents, and Vice Presidents with diverse real estate backgrounds.

• MLG seeks to manage fees and create a low fee structure for its investors.
  • 1.25% asset management fee on invested capital.
  • Market property-level fees

• 24-hour access to fund-level reporting through institutional-quality investor portal.
• Audits completed annually by Deloitte & Touche, providing investors greater transparency over financials.
• MLG’s Investor Operations team is a dedicated service team, focused on maintaining the quality of service and investor experiences.
• Customized communication preferences allow investment advisors to determine the depth and frequency of communication based on their preferences.

• Investing in private real estate may result in tax benefits that can be a benefit to investors. While tax consequences should not be the sole driver of investment decisions, it may be wise to wrap smart tax planning around successful investments. MLG uses a range of strategies to maximize after-tax cash flow including cost segregation studies, utilizing the bonus depreciation rules, and being willing to sell investments to trigger long-term capital gains.
• Cost segregation studies can be used to break up the purchase price into various components with shorter depreciable lives to maximize depreciation deductions.
• Bonus depreciation may allow investors to claim much of the depreciation benefit in the first year, which may create passive losses that are typically passed through to investors. It’s important to note that these are paper losses and not an actual loss of value.
• For investors who have passive ordinary income, passive ordinary losses may be used to offset and defer such income.
• MLG expects to produce passive losses in the range of 40-50% of investor’s initial investment in their first year of investment in our Private Funds.

• MLG has unique product offerings to cater to Investment Advisors and their clients’ unique situations:
  • Our Dividend Fund is an entrance vehicle into our Fund VI. The private REIT is structured to avoid UBTI (unrelated business taxable income) and multi-state filings for foundations, endowments, and retirement accounts.
  • MLG’s Legacy Fund is specifically designed for investors to contribute property. The Legacy Fund is an alternative to conventional tax deferred exit strategies like 1031 exchanges, Delaware Statutory Trusts (DSTs), and UPREITs. The Legacy Fund offers contributors of property passive ownership, tax efficiencies, member flexibility, and diversification.
• We’ve written blogs to answer common questions your clients may have about our funds:

Which Fund Option is Right for Me?

Why the Legacy Fund is the Superior Real Estate Exit Strategy

• MLG’s capital process is aligned with advisor needs: MLG does not have a capital drawdown process over many years like many institutions where capital is locked up while the fund is raising capital.
  • Instead, a rolling subscription process is utilized, and targets original equity called within approximately 3-6 months of subscription approval.
  • 100% of capital commitments are called at one time.
• Capital Call Process:

• The typical investor follows the traditional distribution model (8% preferred return, full return of capital, and a profit sharing split of 70% to investors and 30% to MLG.)⁵
• Advisors that refer or invest over $5 million per fund receive enhanced profit-sharing terms: 80% to investors and 20% to MLG.