Newmark Group Acquires MLG Commercial
BROOKFIELD, WIS. — Newmark Knight Frank has acquired MLG Commercial LLC, a Wisconsin-based company that offers real estate investment services to institutional or individual investors. MLG Capital pursues investments in approximately 15 states and self-manages its assets. The company is currently raising its fourth private real estate investment fund, MLG Private Fund IV LLC, a targeted $200 million equity fund that is accepting new accredited investors through March 31, 2021. Since the inception of MLG Capital in 1987, the firm has had investments totaling approximately 18.3 million square feet with a value exceeding $1.6 billion.