Acquisition of Brookside Park and Kagy Village in Bozeman, MT reflects long-term relationship and off-market sourcing strategy
BROOKFIELD, Wis., July 22, 2026 (GLOBE NEWSWIRE) — MLG Capital – a national leader in private real estate investments, announced the contribution of Brookside Park and Kagy Village, two multifamily communities located in Bozeman, Montana, 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 management while maintaining exposure to commercial real estate through the Legacy Fund.
“Transactions like these highlight the value of long-term relationship building and a disciplined investment approach,” said Billy Fox, Principal and President at MLG Capital. “We were able to stay engaged over several years and ultimately structure a solution that aligned with the ownership group’s goals while adding high-quality assets to the Legacy Fund.”
Bozeman has experienced notable growth in recent years, driven in part by in-migration from higher-cost markets and the area’s access to outdoor recreation and lifestyle amenities. The region has also seen continued expansion in technology-related employment and other key industries, contributing to sustained housing demand. Brookside Park and Kagy Village are located adjacent to Montana State University, one of the state’s largest public universities and a significant driver of housing demand, employment, and economic activity in the region.
MLG Capital’s Legacy Fund is designed for owners of appreciated real estate who are seeking a tax-efficient transition from active property ownership to a more passive investment approach. Through the contribution of real estate assets, owners may exchange individual properties for an interest in a professionally managed, diversified portfolio, while reducing day-to-day management responsibilities and gaining exposure to assets across multiple markets and property types.
About MLG Capital
MLG Capital is a sponsor of private real estate funds targeting investment from investment advisors, family offices, and accredited individuals. For more information about MLG Capital and its investments, visit the firm’s newsroom.
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For more information, contact:
Evan Dreger
edreger@mlgcapital.com
262-364-5554
