Our Story
A founder-led firm built on fundamentals and relationships.

2020
MAC was founded
2023
First Project
Groundbreaking
South Loop, Chicago
2024
Second Project Groundbreaking
South Loop, Chicago
2025
Third Project
Groundbreaking
Fulton Market, Chicago
2026
MAC Established Value-Add Multifamily and Co-GP Platforms
Now
$500M+ Pipeline
In 2020, Nick Melrose founded Melrose Ascension Capital (MAC). Since its inception, MAC has delivered more than $400 million in total development value and established a value-add multifamily and co-GP investment platform with nationwide reach. Through strategic partnerships with global capital providers, the firm has expanded its footprint across multiple markets and established a scalable platform for continued growth.
400,000,000
Assets Under Management
1,300
Multifamily units in Portfolio
1,000,000
SF of institutional Ownership
Contact us
750 N State, Floor 7, Suite 149
Chicago, IL 60654
Chicago, IL 60654
