CLIFTON PARK, NY - MLG Capital, a national leader in private real estate investments, announced its acquisition of Kensington at Halfmoon, a 200-unit multifamily community located in the Clifton Park submarket of the Albany, New York MSA.
Built in 2014, Kensington at Halfmoon features expansive one‑ and two‑bedroom residences, direct‑access private garages, and a highly competitive amenity package, including a resort‑style pool, fitness center, yoga studio, movie theater, game lounge, and dog park.
“Kensington at Halfmoon exemplifies the type of institutional‑quality asset we seek: strong in‑place cash flow, durable fundamentals, and long‑term value support,” said Daniel Price, Chief Investment Officer and Principal at MLG Capital. “The property offers a compelling investment profile, supported by stable operations, and long‑term fundamentals that position it well for sustained performance.”
The property benefits from a strong suburban location, high-quality schools, access to Albany’s diverse employment base, and a light value-add opportunity through selective interior upgrades that have already demonstrated meaningful value.
MLG Capital is a sponsor of private real estate funds targeting investment from investment advisors, family offices, and accredited individuals.
Source: MLG Capital