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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In the Neighborhood: MLG Capital
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Brookfield’s MLG Capital launches $400 million Private Fund VII
Brookfield, Wisconsin-based MLG Capital, a provider of diversified private real estate investments, launched its MLG Private Fund VII, the seventh fund in the firm’s series of diversified private real estate investment funds. Read more at REjournals.
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MLG Capital opens 7th real estate investment fund
Brookfield-based real estate investor MLG Capital has launched its seventh fund in the firm’s series of diversified private real estate investment funds, with a goal to raise $400 million in equity. Read more from BizTimes.
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