Build your Legacy. Contribute your commercial real estate to invest in the MLG Legacy Fund.
If you own commercial real estate and are looking to eliminate the stress of management, unwind a partnership, or update your estate plan while potentially building on your investment, the MLG Legacy Fund might be right for you. The Legacy Fund was specifically designed to provide commercial real estate owners an avenue to exit their property in a tax-efficient manner, while opening the door to a diversified investment opportunity. Discover if the Legacy Fund is Right for You
How the Legacy Fund Works
Owners may contribute their property via a tax-deferred transaction, utilizing IRC section 721, in exchange for units in the fund. Potential Benefits:
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PASSIVE OWNERSHIP
Avoid the day-to-day management concerns of being a landlord and rely on the experienced investment and property management of MLG Capital and our affiliates.
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TAX-DEFERRED & EFFICIENT
It’s possible to contribute real estate assets to the Legacy Fund without recognizing capital gains. You may also benefit from the depreciation of new assets acquired by the fund, potentially reducing income taxes.
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POTENTIAL ASSET DIVERSIFICATION & RISK REDUCTION
Avoid the challenges of selling appreciated assets through a 1031 exchange, which may result in trading into inferior assets due to timing constraints. Instead, invest in a fund that is diversified by property type and geography.
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MEMBER & ESTATE FLEXIBILITY
Provide greater flexibility for family members or partnerships with different objectives and timelines. Heirs and partners are able to hold or redeem units according to the Fund’s redemption schedule based on their individual needs.
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PERMANENT STRATEGY
The Legacy Fund is an evergreen fund, providing investors with a long-term strategy.
Diversification across the Map
The Legacy Fund targets contributions in all U.S. markets, mainly sourcing multifamily and industrial properties, with an opportunistic view on retail and office assets.
Data below as of 6/30/2024
Start Building Your Legacy
Past, Present, and Future: The Power of Relationships
Get to know MLG Capital and learn about our vision for the future. Discover the values that have guided us for over 35 years, including “Making a Difference while Making a Living” and “Absolute Integrity.” Understand how these principles continue to shape our success and commitment to creating lasting impact.Learn More