Michael Melnick's Contact Details

Michael Melnick's Company Details

Melnick Capital Group

, , • 1 Employees
Investment Management

Melnick Capital Group (MCG) is a real estate development and investments firm founded by Michael Melnick. Its purpose is to create profit through numerous real estate ventures. Different avenues to create positive cash flow include the purchase of real-estate and either hold, develop, or rehab and sell.Investment FundInvestors share equity based on the amount of capital each provided to the fund. The fund is opened for a short period of time to allow investors access to said equity. Once capital is invested the fund is closed for a period of 4 years with an option of an additional one year to close out/sell projects. What does MCG do with invested capital? Property Acquisition Capital will be used to buy multi-unit properties. These properties will be secured, renovated if necessary, and then contracted to credit-worthy tenants. MCG will manage said properties and disperse profit from rent to investors based on equity stake. Multi-unit property acquisitions will include those in places of high forecasted growth as well as opportunity zones and distressed areas. Rehabbed Properties Capital will be used to purchase foreclosed properties, deals at auction, as well as pocket listings and wholesale listings. These dilapidated properties will be cleaned, secured, and rehabbed up to modern standards. Inhouse as well as other trusted brokers will be used to introduce the properties back to the market. Profit from all sales will be dispersed to investors based on equity stake. Real EstateMCG develops residential real estate ranging from single family homes to multi unit condo buildings and everything in between. Having numerous general contractors, sub-contractors, and proven reliable workers lets MCG produce top tier developments.