March 27, 2024
Wisconsin firm pays $51.1M for Denver apartments
The Lowry North apartments at 8001 E. 11th Ave. sold to MLG Capital, a Wisconsin-based real estate investment firm. Mitch Faccio, senior vice president at MLG Capital, said in a statement that the apartment complex is “in a prime neighborhood with great access to major entertainment districts.” Read the full article from the Denver Business Journal.
March 21, 2024
MLG Capital Pays $51M for Denver Asset
MLG Capital has acquired Lowry North, a 192-unit community in Denver, for $51 million. The 2002-completed community consists of five three-story buildings, with one-, two- and three-bedroom floorplans. Units range between 702 and 1,200 square feet and feature private balconies or patios. Read the full article from Multi-Housing News.
March 19, 2024
40 Under 40: David Binder, MLG Capital
David Binder, Senior Vice President, was recently awarded the Milwaukee Business Journal’s “40 Under 40” award. Read the full article from the Milwaukee Business Journal here: https://bizj.us/1qksh6
March 14, 2024
David Binder Recognized by the University of Wisconsin – Milwaukee
David Binder, Senior Vice President, was recently featured in the University of Wisconsin – Milwaukee’s UWM Report. David’s alma mater celebrated his recent “40 Under 40” award from the Milwaukee Business Journal. Read the story here: https://uwm.edu/news/uwm-alums-recognized-with-40-under-40-honors/
March 11, 2024
MLG Capital sells value-add apartments in Fort Worth
The Real Deal: MLG Capital sells value-add apartments in Fort Worth. The Wisconsin-based firm redid more than 100 apartments, renovated the clubhouse and pool area and added an outdoor firepit.
February 20, 2024
MLG Capital CEO Featured on Tax Smart Podcast
Tim Wallen, Principal and CEO, and Rick Reuter, Senior Vice President and Controller, were recently featured on the Tax Smart Podcast. From the Tax Smart Podcast, “In the dynamic world of real estate investment, understanding the intricacies of tax planning and investment strategies is crucial for maximizing returns. A recent episode of the Tax Smart REI Podcast, featuring Tim Wallen, CEO of MLG Capital, and Rick Reuter, Controller at MLG Capital, offers profound insights into why the current market is ripe for investment and how strategic tax planning can significantly enhance investment outcomes. This blog post delves deeper into their discussion, providing valuable takeaways for real estate investors and accountants alike”. To listen or watch the recording, see below; Apple Podcast: Episode 260. Tax Structuring Considerations for Transferring Real Estate Wealth to the Next Generation. HallCPA Website: Optimizing Wealth Transfer in Real Estate Youtube: The Ultimate Guide to Tax-Efficient Real Estate Inheritance Planning
January 9, 2024
49 Milwaukee-area business leaders you should watch in 2024
AVP of Investor Operations, Jade Hendricks, noted on the list of 49 Milwaukee-area business leaders you should watch in 2024. Read the story and see the list here: https://www.bizjournals.com/milwaukee/news/2024/01/05/executive-profiles-people-to-watch-in-2024.html
January 4, 2024
Top 12 Multifamily Predictions for 2024
Dan Price, Senior Vice President, was featured in Multi-Housing News article detailing the Top 12 Multifamily Predictions for 2024 . Read the full story here: https://www.multihousingnews.com/top-12-multifamily-predictions-for-2024/.
December 11, 2023
Corporate Citizen of the Year Winner: MLG Capital
BizTimes Milwaukee Business News: MLG Capital was officially named Corporate Citizen of the Year by BizTimes Media. In the past year, MLG Capital has contributed more than 240 volunteer hours to a variety of organizations through its corporate philanthropy committee, MLG Cares. The overall goal of MLG Cares is to provide engagement opportunities for employees and value to the community, in combination with other philanthropic endeavors that we focus on as a company. Read the full story on biztimes.com.
November 10, 2023
Insider Information in the Real Estate Market with Tim Wallen
Tim Wallen, Principal and CEO, sits down with Kirk Chisholm, Host of Money Tree Investing Podcast. In this episode, Tim discusses all asset classes, with a spotlight on the multifamily housing sector. In just under 30 minutes, he dives into supply and demand metrics, interest rates, rent growth, cap rates, and everything in between. Listen Here to get some expert insider information in the real estate market.