A Wisconsin real estate investor picked up a 272-unit apartment complex in the western suburbs for just over $48 million. Brookfield-based MLG Capital bought the Orchard Village apartment complex at 1240 W. Indian Trail in Aurora from a venture of New York-based National Property REIT, a private real estate investment trust controlled by Prospect Capital, according to Kane County property records.
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Preparing for the company’s “next generation” of leadership, Brookfield-based commercial real estate investment firm MLG Capital has promoted two new executives and added owners, just as the company has closed on its biggest fund to date. Read the story from BizTimes.
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MLG Capital names new leaders, closes $384M fund
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