November 3, 2023
MLG Capital Announced as Premier Sponsor of National Association of the Estate Planners and Council Annual Conference in Florida Nov. 12-16
MLG Principal and Vice Presidents to Lead Educational Session on Transitioning Real Estate Wealth to Heirs & Important Tax Structuring Strategies Brookfield, Wis. (November 3, 2023) – MLG Capital – a national leader in diversified private real estate investments – today announced it will serve as a premier sponsor of the 60th Annual NAEPC Conference taking place Nov. 12-16 in Fort Lauderdale, Fla. The annual conference offers estate planning professionals an opportunity to collaborate on industry ideas and trends while forging multi-disciplinary relationships. MLG will lead an educational session featuring CEO and Principal Timothy J. Wallen, Senior Vice President William “Billy” Fox and Senior Vice President and Controller Richard Reuter. The session titled “Strategies for Transitioning Real Estate Wealth to Heirs & Important Tax Structuring Considerations” will offer conference attendees the opportunity to learn from MLG’s team of experts on new approaches to estate planning. This session will also be available as an online webinar for conference attendees, and MLG will be hosting an additional webinar in December that will be available on-demand for NAEPC members. “We are proud to share our decades of experience that have allowed us to create innovative solutions, like our Legacy Fund, to transitioning real estate...
October 27, 2023
MLG Capital Closes Three Milwaukee-Area Multifamily Property Deals in October
Brookfield, Wis. (October 27, 2023) – MLG Capital – a national leader in diversified private real estate investments – today announced it has closed on the acquisitions of three Milwaukee-area multifamily properties – Trostel Square, Norhardt Crossing and Norhardt Apartments. “MLG Capital is thrilled to announce these recent acquisitions near our headquarters. We are excited to make a sizeable investment in the Milwaukee area as we know first-hand its desirability to live in and continue to see the area draw key employers and attractions,” said Daniel Price, Senior Vice President of MLG Capital. “With the economic growth of the area and the strong locations of these properties, we expect these acquisitions to perform very well.” Trostel Square (1818 N. Commerce St, Milwaukee, WI) is a 99-unit, mid-rise multifamily property featuring one- and two-bedroom units with attractive in-unit and community amenities. Key features of the property include private balconies, expansive floorplans, an underground parking garage, detached clubhouse and direct access to Milwaukee’s River Walk. The property is located in Brewers Hill, an established and desirable neighborhood of Milwaukee with convenient access to many of the city’s major employers and attractions in and near downtown. Norhardt Crossing (1930 Norhardt Dr, Brookfield, WI) and Norhardt Apartments...
October 25, 2023
MLG Capital’s Michael Jagodinski Named CFO of the Year Award Winner by Milwaukee Business Journal
Brookfield, Wis. (October 25, 2023) –MLG Capital, a Wisconsin-based private equity real estate investment firm, today announced that Chief Financial Officer Michael Jagodinski was named CFO of the Year by Milwaukee Business Journal. The prestigious award is part of the C-Suite Stars awards honoring top chief financial officers, chief marketing officers, HR directors and top corporate counsels for their significant professional and community accomplishments. “Mike is an outstanding leader who has helped to grow our firm by investing the time in educating and developing our people. His big picture thinking and passion for our company has led to many successes,” said MLG Capital Principal and CEO Timothy J. Wallen. “Mike is a shining example of MLG’s founding principles of ‘Making a Difference, While Making a Living’ and ‘Absolute Integrity.’ We are proud of this well-deserved accomplishment.” As CFO of MLG for the last 17 years, Jagodinski has been influential in the company’s growth making 2022 the firm’s most successful year of property acquisitions to date. Jagodinski also serves as the CFO of the MLG Family of Companies and is pivotal within its affiliated companies. In his leadership role, Mike oversees business planning and strategy, budgeting, and forecasting, and he is...
October 19, 2023
Announcing the recipients of the 2024 Wisconsin Titan 100
Brookfield, Wis. (October 19, 2023) – Titan CEO and headline sponsor Wipfli LLP are pleased to announce Michael “Mike” Mooney, Principal, Co-Founder and Chairman Emeritus, MLG Capital as a 2024 Wisconsin Titan 100. The Titan 100 program recognizes Wisconsin’s Top 100 CEO’s & C-level executives. They are the area’s most accomplished business leaders in their industry using criteria that includes demonstrating exceptional leadership, vision, and passion. Collectively the 2024 Wisconsin Titan 100 and their companies employ more than 148,000 individuals and generate $76.4 billion dollars in annual revenues. This year’s honorees will be published in a limited-edition Titan 100 book and profiled exclusively online. They will be honored at the annual awards ceremony on January 18th, 2024 at Fiserv Forum, and will be given the opportunity to interact and connect multiple times throughout the year with their fellow Titans. “The Titan 100 are visionary leaders that inspire the Wisconsin business community. These preeminent leaders have built a distinguished reputation that is unrivaled and preeminent in their field. We are humbled to recognize the Titan 100 for their efforts to shape the future of the Wisconsin business community” says Jaime Zawmon, President of Titan CEO. Mike is the co-founder, principal, and...
October 10, 2023
MLG Capital Senior Vice President Billy Fox Named Top Influencer in Multifamily by GlobeSt Real Estate Forum
Brookfield, Wis. (October 10, 2023) – Private real estate investment firm MLG Capital today announced that Senior Vice President Billy Fox was named a top Influencer in Multifamily Real Estate by GlobeSt. Real Estate Forum. The prestigious annual awards recognize individuals, teams and organizations that are impactful leaders within the industry. Fox, who joined MLG in 2014, was recognized for several recent accomplishments, including his role in launching and leading MLG’s Legacy Fund, which offers owners of appreciated real estate assets a passive, tax-deferred and diversified exit strategy by allowing them to contribute their real estate in exchange for units in the fund. Thanks to Fox’s dedication and leadership, the fund recently surpassed $1 billion in assets just two years after its first-to-market launch, including interests in 81 properties across 17 states that encompass over 13.8 million square feet and ±14,500 multifamily units. Fox has also played an instrumental role in making 2021 and 2022 record-breaking years for MLG Capital, when the firm recorded back-to-back years that surpassed $1 billion in commercial real estate acquisitions. “This award is a well-deserved honor for an extremely hardworking and dedicated leader with an unmatched work ethic and sense of integrity,” said Tim Wallen, principal and CEO at...
September 22, 2023
MLG Capital Sells Last Asset In Its First Diversified Fund
Close marks significant milestone for firm 11 years after strategic shift to real estate fund approach Firm’s latest real estate fund – Private Fund VI – approaches halfway point fundraising milestone Brookfield, Wis. (September 22, 2023) – MLG Capital announced a significant milestone for the firm with the sale of the last asset in MLG Private Fund LLC, “Fund I”, the first diversified fund in MLG’s series of real estate funds, established in 2012. Final distributions to investors, and formal closing, will occur in the coming quarters. Fund I raised more than $27 million in investor equity, and throughout its lifetime acquired and sold 13 properties and seven land investments, totaling more than 3,000 multifamily units and nearly 585,000 in commercial square footage. Acquisitions were primarily located in Wisconsin, Florida, Texas, Minnesota and Colorado. The closing of this transaction brought excellent returns for investors in Fund I and II. Overall, fund-level returns of 23.2% IRR and an equity multiple of 2.33X over the hold were achieved, as of 5/30/23.* “From my first meeting with MLG back in 2011, I felt a sense of confidence and trust in doing business with them,” said Norb W., one of the initial Private Fund...
August 15, 2023
MLG Capital Climbs Inc. 5000 List of Fastest Growing Private Companies in U.S. for Third Consecutive Year
Private equity real estate investment firm is among top 10 companies in Milwaukee and top 30 in Wisconsin to make the annual ranking Brookfield, Wis. (August 15, 2023) – The 2023 Inc. 5000 List of the Fastest Growing Private Companies in the United States was announced with MLG Holdings, parent of MLG Capital, named 3141st on the list. The company made significant strides in its year-over-year ranking, coming in at 101st overall in the Real Estate category (compared to 145th in 2022), 26th in the State of Wisconsin (compared to 38th in 2022) and 9th of all companies in the Milwaukee metro area (compared to 15th in 2022). The private investment real estate management firm headquartered in Brookfield, Wis., has been achieving significant and sustainable growth over the past several years, recording back-to-back years that surpassed $1 billion in commercial real estate acquisitions, while also growing and launching new private real estate funds, including its MLG Private Fund VI and its unique Legacy Fund. “Being ranked for the third consecutive year on the acclaimed Inc. 5000 list is a great testament to the talented and tenured team at MLG Capital that works hard day in and out to source and...
July 28, 2023
MLG Capital Purchases Market Square Multifamily Property in Kenosha
Class A Apartment property features high-quality amenities and a convenient location in a market with high demand for multifamily housing Brookfield, Wis. (July 28, 2023) – MLG Capital – a national leader in diversified private real estate investments – today announced its acquisition of the Market Square apartment property, located at 3100 Market Lane in Kenosha. The Class-A apartment property was built in 2017 and 2019 and features 330 apartment units, robust amenities and a convenient location near high-quality retail in a key industrial corridor. MLG acquired an interest in the property with its growing Legacy Fund, which offers a tax-deferred exit strategy for private real estate owners. “This is an exciting acquisition in a market with significant commercial development and convenient access to both Milwaukee and Chicago,” said Daniel Price, senior vice president at MLG Capital. “MLG expects to see continued industrial development and job growth in this corridor that will drive strong tenant demand over the next several years.” According to CoStar, the Kenosha industrial market has had over 11 million square feet of industrial projects delivered in the past two years, with another 6 million planned or under construction. Local reports cite a strong need for additional...
July 27, 2023
Two MLG Capital Executives Named Women of Influence by GlobeSt Real Estate Forum
Assistant Vice President Lindsey Collings and Associate General Counsel Carol Muratore receive national awards, marking second consecutive year that the MLG Capital team is recognized Brookfield, Wis. (July 27, 2023) – MLG Capital, a national leader in private equity investments in commercial real estate, today announced that Assistant Vice President Lindsey Collings and Associate General Counsel Carol Muratore were both named GlobeSt Real Estate Forum 2023 Women of Influence. The prestigious annual award competition honors a small number of the commercial real estate industry’s most influential women in the country. Their recognitions mark the second consecutive year that an MLG employee has received the award after Assistant Vice President Jade Hendricks earned it in 2022. Collings was recognized in the Investment Professional category for her two-part role in leading MLG’s joint venture private equity strategy in the Mountain West region and leading MLG’s Registered Investment Advisor strategy nationwide. Last year, Lindsey played an essential part in the firm’s acquisition of more than $1.2 billion in real estate assets and helped close the firm’s largest investment fund to date – MLG Private Fund V – in record time. Muratore was honored in the CRE Legal Counsel category for her impressive 34-year...
July 13, 2023
Jade Hendricks on a mission to give back
Jade Hendricks, AVP of Investor Operations, was recently featured in the Milwaukee Business Journal for making a positive impact on the community, leading by example, and uplifting others along the way. Read the story on the Milwaukee Business Journal here.
