Q4 2023 506 Investor Group Webinar

On Tuesday, February 27th Steve Kelly was joined by Tim Wallen, CEO, for a quarterly update specific for members of the 506 Group. The team discussed updates on fund performance and new acquisitions/dispositions. Click the above link to watch the recording.

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Steve Kelly

Vice President of Investor Relations

Steve Kelly is heavily focused on building relationships with new and prospective individual, RIA, and family office investors. Within that capacity, he also works to improve the overall investor experience.

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Tim Wallen

Principal, CEO

Tim Wallen is a Principal, the Chief Executive Officer (CEO), and he sits on the investment committee for MLG. Tim joined MLG in 1989 as the Chief Financial Officer and Principal. In 2000, he assumed the role of CEO. He serves on the Board of Directors, and he is an Officer for the MLG Affiliation of Companies, including MLG Capital, MLG Development and MLG Management.

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    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...

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    News & Events

    MLG Capital Releases CRE Market View With Unique Insights And Trends In Multifamily, Industrial And Capital Markets

    Annual report helps investors navigate the private real estate market and provides MLG’s outlook on opportunities and challenges facing the industry Brookfield, Wis. (September 24, 2024) – MLG Capital – a national leader in private real estate investments ­­– today announced the release of its annual “2024 Market View,” a robust report featuring the firm’s insights on the multifamily, industrial, retail and office sectors, along with current trends in capital markets. The market view provides an inside look for investors on the state of the private real estate market, including where opportunities may exist and calling out important trends. The following is a summary of key findings in select sectors, and the full report can be viewed and downloaded here. Multifamily sector offers long-term stability amid short-term supply wave According to MLG, the multifamily sector continues to demonstrate resilience, even as broader economic challenges persist. The ongoing appeal of multifamily investments is supported through the following: Sustained Demand: Continued population and household formation growth combined with increasing unaffordability of single-family homes is pushing more people into renting. Further, many individuals are renting for longer as marriage and children are pushed out to later ages, bolstering the multifamily market.  Short-Term Supply Headwinds, Near- and Long-TermTailwinds: The multifamily market is enduring all-time highs in new deliveries that are expected...