We aggregate, develop, and finance income-producing commercial real estate, primarily focusing on the industrial sector, while also investing in and developing value-add real estate and operating companies.
MAGCP’s first industrial fund was launched in June 2022 and received overwhelming demand, resulting in oversubscription. Within seven months, by December 2022, the fund was fully deployed and stabilized. The fund owns cash-flowing industrial manufacturing real estate in the US.
Opening in February 2023, our second fund has continued the momentum of Fund I, generating immediate cash flow and securing management-friendly long-term net leases. Fund II is actively acquiring industrial assets in 2023, capitalizing on a market filled with incredible opportunities.
Alternative investment vehicle supporting MAGCP Industrial Fund II, specifically created for simplified tax filing management. A streamlined investment structure for qualified retirement funds.
MAG Capital Partners utilizes strategic partnerships and programmatic joint ventures to execute on more targeted investment strategies. In 2022, MAGCP partnered with The Related Companies, headquartered in the Hudson Yards, NYC, to acquire a portfolio of industrial assets across the US. Also in 2022 , MAGCP partnered with Beverly Hills-based Crystal Asset Management on a long-term joint venture to acquire and aggregate multi-family assets in Southern California.
In 2021 MAGCP Equity was founded in partnership with Steve Sigfusson to acquire small cap operating companies. We have found these acquisitions to be synergistic to our experience, providing further opportunities to unlock value through business optimization, restructuring and recapitalizations. To date, MAGCP Equity has acquired four companies with a combined 250 employees. The investment effort remains active with 2-3 acquisitions targeted per year.