June 27, 2019
MLG Capital Purchases Apartments in Former Pabst Brewing Complex
MLG Capital, the premier outsourced investment manager in private real estate for Investment Advisors, Family Offices and High Net Worth Individuals since 1987, announced the purchase of Frederick Lofts, a 100-unit multi-family apartment complex located in The Brewery neighborhood within a half mile of the new $524M Fiserv Forum, home of the Milwaukee Bucks (NBA) and Marquette Golden Eagles (NCAA). Purchase Highlights: MLG Capital purchased Frederick Lofts for approximately $16 million A superior amenity package features a yoga room, resident clubhouse, fitness center, conference rooms, media room, rooftop deck with BBQ, elevator, bike rack and storage, underground parking, controlled building access, high speed internet and 24-hour emergency service. MLG Capital purchased Frederick Lofts off-market for $16 million this month. The 270,473 square foot, 100-unit property will be managed and operated by entities related to MLG Capital and features amenities such as a resident clubhouse, fitness center, yoga room, media room, underground parking and a roof top deck with BBQ area. “We plan to invest capital to maintain the class A interior of the 100 units, each of which has an open loft layout, fully equipped kitchen, granite counter tops, breakfast bar, walk-in closets, central air conditioning and more,” said Andy Bruce, Executive...
