Melrose Ascension Capital
2–10 employees 1 principals
Last updated by Zailyn
About Melrose Ascension Capital
Melrose Ascension Capital is a real estate operator. Melrose Ascension Capital operates in Cape Coral-Fort Myers, Florida and Chicago, Illinois. Its investment focus is on Affordable Housing, Coliving and Multifamily - Ground-up.
Melrose Ascension Capital (MAC) is a Chicago‑based private equity real estate development firm founded in 2019. It manages approximately $350 million in assets under development, including 750 residential units, 1,300 beds, and about 1 million sq ft of institutional-grade multifamily properties. The firm employs 2–10 staff and focuses on East‑Coast and Midwest U.S. markets, with flagship projects in Chicago and Florida. In Chicago, MAC is building several Class A multifamily towers: a $120 million, 19‑story, 287‑unit mixed‑use project at 1221 W Washington Blvd; a $90 million, 19‑story, 368‑unit development at 626 S Wabash Ave; and an $85 million, 18‑story, 358‑unit project at 633 S LaSalle St—all in Fulton Market or South Loop.
Principals at Melrose Ascension Capital
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