Developing and investing in housing at the intersection of market fundamentals, placemaking, and long-term value creation.

$400,000,000

Assets Under Management

1,300

Multifamily units in Portfolio

1,000,000

sF of institutional Ownership

Melrose Ascension Capital (MAC) is a Chicago-based private equity real estate development and investment firm that has developed $400 million, 1,300 units, and one million square feet of institutional multifamily projects in Chicago and other markets nationwide. MAC utilizes industry fundamentals, innovation, and a relationship-oriented approach to source, capitalize, and execute its multifamily projects alongside global capital partnerships, prioritizing catering each to demographics often outpriced and overlooked by other housing developers.

Beyond its development activities, MAC has built two complementary investment platforms: (i) a multifamily value-add platform acquiring sub-institutional assets in secondary markets; and (ii) a co-GP platform that partners with sponsors by providing programmatic credit enhancements, equity co-investments, and transaction execution support across property sectors and markets nationwide.

Featured Projects

Fulton Market (West Loop)

1221 W Washington

285,000
SF
19
Stories
287
Residences

South Loop (Printer's Row / Grant Park)

626 S Wabash

210,000
SF
19
Stories
360
Residences

South Loop (Printer's Row)

633 S LaSalle St

175,000
SF
18
Stories
358
Residences

Contact us

Chicago, IL 60654
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