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 MLG Capital. “We are so proud of Billy’s significant accomplishments over the past several years and are grateful to have him as a member of our team.”
MLG Capital has been acquiring assets since 1987. Since 2012, the firm has operated under multiple fund strategies, providing investors the opportunity to participate in portfolios of assets rather than individual deals. MLG’s property acquisitions focus on geographic, asset class and asset type diversification. The firm opened its MLG Private Fund VI in May 2022 with an equity raise goal of $400 million.
