Melrose Ascension Capital
2–10 employees 2 principals
Last updated
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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2 principals on file
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Recent activity at Melrose Ascension Capital
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Melrose Ascension Capital's project portfolio
3 projects on file · Multifamily (3)
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Markets and themes
Markets Melrose Ascension Capital operates in
Investment themes at Melrose Ascension Capital
Capabilities
- Asset Management
- Brokerage
- Mixed Use
- Private Equity
- Public-private partnerships
- Site Development
- Technology-forward
- Transit-oriented development
- Urban infill
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Frequently asked questions about Melrose Ascension Capital
- What does Melrose Ascension Capital do?
- Melrose Ascension Capital (MAC) is a Chicago‑based private equity real estate development firm founded in 2019.
- What markets does Melrose Ascension Capital operate in?
- Melrose Ascension Capital is active in Cape Coral-Fort Myers, Florida and Chicago, Illinois.
- How many employees does Melrose Ascension Capital have?
- Melrose Ascension Capital has 2–10 employees.