MLG Capital Acquires Kensington at Halfmoon (200-Unit)

MLG Capital has closed its acquisition of Kensington at Halfmoon, a 200-unit multifamily community in the Clifton Park submarket of the Albany, New York MSA. The property was built in 2014 and includes one- and two-bedroom residences with direct-access private garages.

The community offers a resort-style amenity package including a pool, fitness center, yoga studio, movie theater, game lounge, and dog park. MLG Capital described the asset as institutional-quality with strong in-place cash flow and durable fundamentals, supported by selective interior upgrades.