Dear Investor,
Last year, MLG Capital faced new and unusual challenges, including the end of the COVID-19 pandemic and a period of economic downturn caused by inflation and the interest rate hikes that followed. However, MLG was still able to achieve impressive results further demonstrating the strong demand for their private real estate fund, which is designed to lower risk through diversification and provide their investors with tax efficient quarterly cash flows. Here are some of MLG's company accomplishments from last year!
- 35-year anniversary! In April of this year, MLG celebrated their 35th year of offering private real estate investments
- $1.2 billion in acquisitions this year, spread between 57 different assets
- Sale of Tempe Metro Apartments, one of their biggest wins yet! Tempe metro sold after just 3.5 years of operation, producing a +3x equity multiple and an IRR of +36%
- Over 400 new investors joined MLG in 2022!
By way of disclosure, we have an advertising relationship with this MLG Capital, meaning we get paid for making this introduction and sharing this content. As always with these types of deals, consider this an introduction and not a recommendation. Every deal is unique and the responsibility to vet any and every deal you invest in still lies with you. This opportunity is available to accredited investors only (income of $200K+ or net worth of $1M+, excluding your primary residence).
As we close out last year, we enter 2023 with an optimistic view of the real estate markets, but also with a cautious mindset due to the economic headwinds faced in 2022 and are likely to face this year as well.
Despite the turbulent economy, MLG was able to acquire 9 assets in 2022 to kick off Fund VI. Many of these acquisitions involved a last-minute price cut due to the increased cost of debt, creating an even more attractive investment opportunity! These 9 acquisitions were purchased using ±$103mm of investor equity which was raised since the fund launched in May. That means that they have ±$347mm in remaining equity for investors to invest before reaching the $450mm cap for the fund, plenty of room to make an investment in 2023!
MLG is excited to continue growing their portfolio and providing strong returns to their investors in our 36th year of operation. They plan to hit the ground running in 2023 with 3 acquisitions already in the works for the new year.
If you're interested in learning more about their portfolio of assets or how to move forward with an investment into MLG Fund VI, please reach out!
Learn more about MLG Capital today
Jim and Brett
James M. Dahle, MD, FACEP
Founder, The White Coat Investor
Brett Stevens, MBA
COO, The White Coat Investor
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