MLG Capital, a national firm in private real estate investments, has announced the contribution of Brookside Park and Kagy Village, two multifamily communities located in Bozeman, Mont., to the MLG Legacy Fund. The contributions represent MLG Capital’s first investments in the Montana market and further expand the Legacy Fund’s geographic reach. As part of its regionalized investment strategy, MLG Capital continues to identify opportunities across the Mountain West, targeting markets supported by population growth, economic diversification and attractive multifamily fundamentals.
Brookside Park and Kagy Village were developed, owned and self-managed by the original developer since construction. After several years of evaluating the Legacy Fund’s performance and strategy, the ownership group elected to contribute the properties in exchange for an ownership interest in the fund. The transaction allowed the contributor to transition from active property ownership and manag
