Investor Portal Get Started

Events and Newsroom

The latest news, information, and event details from MLG Capital. Check back often to see what is happening!

Speakers Bureau
Scroll Down
  • News

    Private Fund V on Pace to Close Ahead of Schedule; Nearly Half Raised in Nine Months

    Brookfield, Wis. (October 4, 2021) MLG Capital today announced that it has raised more than $140 million in equity for its latest diversified Private Real Estate Fund, MLG Private Fund V, nearing one-half of the $300 million equity raise goal for the fund. Private Fund V opened to investors in January 2021 and allows investors to contribute through July of 2023, or upon reaching its equity raise goal, whichever is first. The fund launched on the heels of MLG’s most successful fundraise to-date, Private Fund IV, which raised $250 million and closed to new investors five months ahead of schedule. Fund V has already acquired eight new properties since launch, totaling over 2,100,000 square feet of property and encompassing 1,990 multifamily apartment units across seven markets. “We have a busy fall ahead of us,” said David Binder, VP of MLG Capital. “There are several new acquisitions that we’re targeting to close by year-end for Fund V, totaling over $250 million in transaction volume. We’ve continued to cast a wide net across the country and are finding the properties we are looking for. On top of deal flow, our family of investors, now spread across all 50 states, continues to trust us to…

  • News

    Frederick Lofts Apartments Property Sold By MLG Capital

    Brookfield, Wis. (June 23, 2021) MLG Capital today announced that it has sold Frederick Lofts, a 100-apartment unit property, located at 840 W. Juneau Ave in Milwaukee’s Pabst Brewery District. The sale closed on June 23 to an undisclosed buyer. The disposition of the property is part of MLG’s “smart and critical selection of deals” strategy to buy and sell real estate investments at key opportunities in a property lifecycle, and leverage market dynamics combined with the potential to grow operating income and/or reduce operating expenses to maximize return to investors. “At MLG, we look for proactive opportunities to acquire assets where we feel there is room to increase the overall income of assets to enhance the property value, whether through property improvements, equalizing rents, capitalizing on growing communities and more,” said David Binder, Vice President at MLG. “We then proactively sell those assets at key times to meet our investors’ expectations of returns.” MLG Capital purchased the 100-unit, Class A multifamily property in March 2019 as part of MLG Private Fund III. That fund, MLGs’ third in its series of nationally diversified private real estate investment funds, included $150 million of original equity that yielded the acquisition of 40 assets, totaling…

  • News

    MLG Capital Purchases Heights at Harper’s Preserve Apartment Property in Conroe, Texas

    Brookfield, Wis. (February 16, 2021) MLG Capital today announced its acquisition of the Heights at Harper’s Preserve apartment community located at 17116 Harpers Trace in Conroe, Texas. The Class A, 328-unit multi-family apartment complex was built in 2017 and is located within the Harper’s Preserve Master Planned Community. “The Houston market is one of the fastest growing residential markets and accordingly, the suburb of Conroe is seeing a significant residential surge, growing nearly 40 percent in the last decade. We wanted to expand our ownership here, and this property was the right opportunity as it offers a quiet, suburban feel in close proximity to Houston and a school district that ranks among the top 10 percent in the nation,” said Mitch Faccio, Vice President of Acquisitions at MLG Capital. “We see significant continued growth for the Houston market in the next three to five years, particularly in the Conroe area.” MLG Capital has been acquiring assets since 1987. Since 2012, the firm has operated under a fund strategy, providing investors the opportunity to participate in portfolios of assets rather than individual deals. MLG’s residential property acquisitions focus on geographic, asset class, and asset type diversification. The firm opened its MLG Private Fund…

  • News

    MLG Capital Launches its Fifth and Largest Private Real Estate Investment Fund

    Brookfield, Wis. (January 25, 2021)  MLG Capital today announced it has opened to investors its MLG Private Fund V, which is the fifth in series of private real estate investment funds, with an equity raise goal of $300 million. The launch of Fund V comes on the heels of MLG closing its successful MLG Private Fund IV, which raised $250 million and closed five months ahead of schedule. “We have seen continued strong interest and trust from our investor family,” said Tim Wallen, Principal and CEO of MLG Capital. “We are excited about the market opportunities that exist and are focused on continuing to find smart real estate deals across the country. We define “smart” deals as deals with believable and achievable assumptions.” Fund V continues MLG Capital’s focus on geographic, asset class and asset type diversification for investors. For each of its private real estate funds, MLG Capital targets 25 to 30+ investments located in markets and locations where the company can grow the operating income of the property. It does not set a specific target allocation to any asset class. Instead, there is a focus on investing in “smart” deals versus promising specific asset class or geography diversification. Fund V targets tax-efficient…

  • News

    Opportune Des Moines and Charlotte Multi-Family Deals Grow MLG Footprint to More than 20K Units Nationwide

    Brookfield, Wis (January 14, 2021)  MLG Capital announced today it completed two opportune multi-family asset purchases in Iowa and North Carolina. This marks a milestone of having owned or sold more than 20,000 apartment units nationwide since the firm’s beginning in 1987. With the closing of these deals at year end 2020, MLG has also topped $2.7 billion in historic market value of assets currently held, sold or pending acquisition, encompassing more than 25.4 million square feet of property across 18 states. “Reaching any significant milestone as a company is exciting as it validates the hard work, expertise and passion of our professionals, and we are thrilled with these new, strategic acquisitions that fueled this latest growth spurt for a strong start in 2021,” said Billy Fox, CPA, Vice President at MLG Capital. The Des Moines, Iowa, purchase includes three apartment complexes, Alice Patricia (720 NE Alice’s Rd., Waukee, IA 50263), Sterling Pointe (10509 Dorset Dr., Johnston, IA 50131) and Johnston Heights (6120 NW 106th St., Johnston, IA 50131). Built between 2013 and 2020, the Class A properties collectively have 540 units and nearly 600,000 square feet. The three-property sale was acquired via partnership with ARTISAN Capital Group, a multi-family investment management partner with local…

  • News

    MLG Capital and Partner Purchase Pinewood Apartments in Augusta, GA

    Brookfield, Wis. (October 28, 2020) – MLG Capital announced today the acquisition of Pinewood at National Hills located at 1075 Bertram Road in Augusta, Ga. The 160-unit multi-family apartment complex was built in 1983 and is a Class B property. The property was acquired in an off-market transaction partnership with The Sterling Group, a real estate investment management group with local expertise in the Augusta market. “Our joint venture acquisition strategy involves purchasing income-producing multifamily assets in high-growth markets that are priced under market value, and we partner with strong real estate firms that have local and regional expertise to grow and manage the assets,” said Mike Slinde, Assistant Vice President of Private Equity at MLG Capital. According to Slinde, the Pinewood at National Hills property presented an excellent opportunity for both organizations as it has great value-add potential and because The Sterling Group was looking to expand its presence in the Augusta area. Pinewood at National Hills is the first property investment by MLG Capital in Augusta and its third in Georgia, bringing MLG’s owned number of units in the state to more than 700.  MLG Capital plans to invest in The Pinewood property, upgrading its interior, exterior and amenities to strongly position it among…

  • News

    MLG Capital Purchases Southtech II in Bloomington, MN

    MLG Capital, the premier outsourced investment manager in private real estate for Investment Advisors, Family Offices and High Net Worth Individuals since 1987, announced its most recent acquisition of a 115,000- square foot Flex building in the Bloomington, MN MSA. The property sits just over 10 miles south of Minneapolis and 20 miles southwest of St. Paul. Southtech is located with great access to both I-494 and I-35, making it a desirable location for companies to lease space. Property Highlights: Planned finish of 70% office and 30% warehouse 3.51/1,000 Parking Ratio 19’ Docking Area and 17’ Drive-in 14’ Clear Heights

  • News

    MLG Capital Welcomes Dan Price as Vice President of Acquisitions

    MLG Capital is excited to welcome our new VP of Acquisitions, Daniel Price. Daniel is making his way back to Wisconsin after more than 10 years in Chicago.  He began his professional career at Chicago-based Waterton before joining Waypoint Real Estate Investments.  At both companies he focused on the residential sectors while being involved in the acquisition of over $3B of multifamily assets across the U.S. As MLG Capital continues to grow and expand, Daniel’s focus will be on direct, industrial and multifamily acquisitions for the Midwest region. Barry Chavin, Principal at MLG Capital, said “We are excited to have Dan join our team.  His talent, experience and reputation will be an asset.  With Dan’s assistance, we look forward to implementing our Midwest acquisition plan.” Daniel echoed those sentiments saying, “I am excited to be joining a company with a first class team, great track record, and targeted vision going forward.  MLG has built a great platform, and I look forward to helping take it to the next level.” Congratulations, Daniel, and welcome to MLG Capital!

  • News

    MLG Capital Purchases Diamond Mesa in Albuquerque, NM

    MLG Capital, the premier outsourced investment manager in private real estate for Investment Advisors, Family Offices and High Net Worth Individuals since 1987, announced its most recent acquisition of Diamond Mesa. The acquisition is a 456-unit Class A, multifamily property located in Albuquerque, NM and built in 2015. The property features townhome style units that average 1,081 SF and is conveniently located near I-40, Kirtland AFB, and the University of New Mexico. Purchase Highlights: Interior units include fully-equipped kitchens with granite countertops, in-unit washer & dryer sets, and direct garage access. Other features include walk-in closets, and private patios. The community offers: Two swimming pools and a hot tub with outdoor lounge space A state-of-the-art 24-hour fitness center Clubhouse that included billiard tables Playground and “Bark Park” (dog park) Business Center with computer access and Wi-Fi

  • News

    MLG Capital Refinances 476-Unit Westgrove Apartments Property

    MLG Capital, the premier outsourced investment manager in private real estate for Investment Advisors, Family Offices and High Net Worth Individuals since 1987, announced its completion of the refinance of the 476-unit Westgrove Apartments property, located in Waukesha, Wisconsin (Metro Milwaukee MSA). Refi Highlights The property now has 10 years of fresh debt (interest-only) at a 3.05% fixed rate. The prior loan was at 4.73%. MLG was able to distribute approximately $10M to the investment group and will earmark approximately $2M for continued renovations. Capital Improvement Plan Continue original strategy: complete interior renovations to create value and replace dated/failing mechanical and structural items as needed. Renovations to-date: Clubhouse redesign Complete interior unit upgrades Upgrades to common area features of the property including the outdoor recreation area, dog park, and patio and outdoor grilling area Energy conservation strategies, including low-flow toilets/showers and LED lighting