May 2, 2022
MLG Capital Continues Its Successful Diversified Fund Series With Launch Of Sixth Private Real Estate Investment Fund
Brookfield, WI (May 2, 2022) MLG Capital today announced it has opened to investors its MLG Private Fund VI, which is the sixth in the firm’s series of private real estate investment funds. Fund VI will be MLG’s largest fund to date, with an equity raise goal of $400 million. The launch of Fund VI comes one month after the close of MLG Private Fund V, which set a record as the firm’s largest fund and fastest equity raise to date – capping off at $350 million and finishing 15 months ahead of schedule. “Our unique sourcing strategy for investment opportunities in a diversified fund structure has led to superior performance within the alternative private real estate space,” said Tim Wallen, Principal and CEO of MLG Capital. “We also have a major focus on creating significant income tax benefits and producing strong after-tax rates of return for our investors. We take great pride in the continued interest and trust from our investors, and we are excited about the opportunity to find smart real estate deals across the country for Fund VI.” Private Fund VI continues the firm’s focus on geographic, asset class and asset type diversification for investors. It targets 25-30+ investments located...
May 4, 2021
Which Fund Option is Best for Me?
Everyone loves options in life and when you invest in our Private Real Estate funds, you can choose from two Fund options to best suit your personal objectives. When Private Fund IV launched in 2018, we introduced a new concept, “the Dividend Fund” as we’ve called them, in conjunction with our historic fund offerings. We’re excited to continue offering this dual structure for investors in our latest funds. While both fund options invest in the same underlying assets across each Fund, both fund options present different tax implications to investors. Let’s take a deeper dive. Why two fund options? One of the primary reasons we created the Dividend Fund structure was to better accommodate tax-advantaged accounts (i.e., IRAs, 401(k)s, etc.). Without this structure, investors using these types of accounts could face unnecessary tax due to Unrelated Business Taxable Income. UBTI is generally incurred by tax-exempt investors when participating in private real estate funds (in our case) due to the fund utilizing leverage on fund assets. The Dividend Fund structure aims to eliminate the risk of UBTI for investors using tax-advantaged accounts. What’s the same? Both fund options invest in the same assets regardless of which option you choose. Both...
June 7, 2019
MLG 1099 Dividend Fund IV Saves Time and Money for RIAs and Their Clients
MLG Capital (“MLG”) is accepting investments into MLG Private Fund IV LLC and the “MLG 1099 Dividend Fund IV,” a parallel fund that enables Registered Investment Advisors (RIAs) to gain access to private real estate via retirement vehicles while targeting to eliminate unrelated business taxable income (UBTI) and multi-state filings. Use “Income generated by retirement vehicles such as IRAs and 401ks are typically subject to UBTI when investing in passive, debt backed real estate, such as our offerings. We recognized this as a major deterrent for RIAs to expose their retirement fund clients to private real estate. As well, RIAs typically do not want to go through egregious process of filing multiple state tax returns for their retirement fund clients exposed to a real estate fund product. We created the MLG 1099 dividend fund as a way for RIAs to now expose their clients to the benefits of a diversified private real estate fund while targeting to avoiding UBTI and multistate filing,” said MLG Capital Assistant Vice President Mike Slinde. MLG Capital (“MLG”) is accepting investments into MLG Private Fund IV LLC and the “MLG 1099 Dividend Fund IV,” a parallel fund that enables Registered Investment Advisors (RIAs) to gain...