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Codi Clausen
  • Property Manager
  • Newport Beach, CA
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Mag Capital Partners

Codi Clausen
  • Property Manager
  • Newport Beach, CA
Posted Jun 5 2020, 21:58

Has anyone heard of Mag Capital Partners based out of Texas?

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Replied Sep 19 2020, 13:04

Looking into this group also.  Have you found out anything?

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Codi Clausen
  • Property Manager
  • Newport Beach, CA
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Codi Clausen
  • Property Manager
  • Newport Beach, CA
Replied Sep 19 2020, 13:58

@Anthony Faber

Yes, they’ve been in business since 2015. Here is their BP business page. I have invested into one of their syndication projects as of recently. Hope this helps.

https://www.biggerpockets.com/co/mag-capital-partners-llc

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Taylor L.
  • Multifamily and Self Storage Investor
  • Richmond, VA
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Taylor L.
  • Multifamily and Self Storage Investor
  • Richmond, VA
Replied Sep 19 2020, 15:00
Originally posted by @Codi Clausen:

@Anthony Faber

Yes, they’ve been in business since 2015. Here is their BP business page. I have invested into one of their syndication projects as of recently. Hope this helps.

https://www.biggerpockets.com/co/mag-capital-partners-llc

Mind sharing what you liked about the company and/or deal? Others may find this post in the future and want to learn about your experience! 

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Codi Clausen
  • Property Manager
  • Newport Beach, CA
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Codi Clausen
  • Property Manager
  • Newport Beach, CA
Replied Sep 19 2020, 15:13

@Taylor L. Sure!

I was looking for something a bit more stable than a value-add in these uncertain times and was interested to find that MAG capital had a project for a triple net industrial tenant with a long-term lease and 9 months of prepaid rent. Their product was deemed an essential service and the preferred return would be cumulative. So far they have been very professional and made distributions each month since closing to their investors.

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Taylor L.
  • Multifamily and Self Storage Investor
  • Richmond, VA
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Taylor L.
  • Multifamily and Self Storage Investor
  • Richmond, VA
Replied Sep 19 2020, 18:36
Originally posted by @Codi Clausen:

@Taylor L. Sure!

I was looking for something a bit more stable than a value-add in these uncertain times and was interested to find that MAG capital had a project for a triple net industrial tenant with a long-term lease and 9 months of prepaid rent. Their product was deemed an essential service and the preferred return would be cumulative. So far they have been very professional and made distributions each month since closing to their investors.

 Great, thanks so much for sharing!

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Jeff Fortuna
  • Grand Rapids, MI
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Jeff Fortuna
  • Grand Rapids, MI
Replied Sep 9 2023, 20:53

I’m in the mag industrial fund and I would invest again… which I did in the mag Broadview in San Bernardino area by the college. Mag has great reporting and great returns. I’ll invest in their  next deal. Great cost seg.