mlg capital property slideshow

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Specializing In – Small to Mid Cap Commercial Real Estate Investments Across the U.S.A. for Over 28 Years. The MLG Private Fund II A Review in Pictures

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Page 1: MLG Capital Property Slideshow

Specializing In – Small to Mid Cap Commercial Real Estate Investments Across the U.S.A. for 

Over 28 Years.

The MLG Private Fund IIA Review in Pictures

Page 2: MLG Capital Property Slideshow

A Remarkable Acquisition: Crossroads Apartments

• Minneapolis, MN• 698 Units

Page 3: MLG Capital Property Slideshow

A Remarkable Acquisition: Crossroads Apartments

• Full interior renovation• Bring rents to market.

Page 4: MLG Capital Property Slideshow

A Remarkable Acquisition: Crossroads Apartments

• Condo grade finishes and amenities

Page 5: MLG Capital Property Slideshow

A Remarkable Acquisition: Crossroads Apartments

• Condo grade finishes, world class amenities, and complete rebranding of property.

Page 6: MLG Capital Property Slideshow

Another Remarkable Acquisition: Presidio Apartments

• Allen, TX (Dallas)• 202 Units

Page 7: MLG Capital Property Slideshow

Another Remarkable Acquisition: Presidio Apartments

• Finish interior renovations started by previous owner

Page 8: MLG Capital Property Slideshow

Another Remarkable Acquisition: Presidio Apartments

• Bring rents to market

Page 9: MLG Capital Property Slideshow

Another Remarkable Acquisition: Rush Lake Industrial• New Brighton, MN• ±80,000 Sq/Ft

• Lease extensions being completed• Tenants “over the moon” with improvements

Page 10: MLG Capital Property Slideshow

Another Remarkable Acquisition: River Road Industrial

• Fridley, MN• ±150,000 Sq/Ft

• Lease extensions & Lease‐up being completed• Substantial Cash on Cash yields.

Page 11: MLG Capital Property Slideshow

Quadrant Office

• Brooklyn Park, MN• 106,000 Sq/Ft

Another Remarkable Acquisition: 

Page 12: MLG Capital Property Slideshow

Quadrant Office

• Lease to market occupancy• 40% occupied at acquisition• 61% today, sub market is ±85%

Another Remarkable Acquisition: 

Page 13: MLG Capital Property Slideshow

Saddlebrook Apartments

• Jacksonville, FL• 195 units

Another Remarkable Acquisition: 

Page 14: MLG Capital Property Slideshow

Saddlebrook Apartments

• 56% occupied at acquisition• 89% occupied today, achieving year 5 anticipated rents

Another Remarkable Acquisition: 

Page 15: MLG Capital Property Slideshow

Albertville Retail

• Albertville, MN• 104,000 Sq/Ft.

Another Remarkable Acquisition: 

Page 16: MLG Capital Property Slideshow

Albertville Retail• Tenants include:• Coborns Grocery• Verizon• Local Restaurants

Another Remarkable Acquisition: 

Page 17: MLG Capital Property Slideshow

Current Investment Opportunity:The MLG Private Fund II

Equity Up to $50MM

Unit Size 50 Units at  $1MM/Unit

Maximum Leverage Target 65%, but allow up to 70%

Investor Preferred Return 8%2

Projected IRR Targeted 13% ‐ 15% IRR

Split to Investor 70%3

Asset Management Fee 1.25%/Year

Acquisition Period June 30, 20194

Initial Assets $6MM investment in MLG Private Fund I2

1. This Brief is presented for informational purposes only. This Brief is not an offer to sell interests in a security. Offers to sell an investment in MLG Private Fund LLC (“Fund II”) will only be made to a qualified purchaser by the delivery of an Investment Summary accompanied by a Subscription Document Booklet. Please reference MLG Private Fund II Investment Summary Book (Version 1.0) for complete details

2. Preferred return is subject to availability of cash flow; as of 10/1/15, current distribution from MLG Private Fund I is approximately 8% on invested capital. For MLG Private Fund II, current distribution is 8% on invested capital.

3. Investor share of cash flow after return of capital, investor preferred return, and asset management fees.4. Latest date allowed to reinvest Fund II cash flow into new acquisitions.

Page 18: MLG Capital Property Slideshow

Current Investment Opportunity:The MLG Private Fund II

David Binder JrVP‐ Private Equity262‐938‐[email protected]

Andy SinclairVP – Private Equity262‐938‐[email protected]