Mike Wagar
Portfolio Manager, Magma Equities
Manhattan Beach, CA 90266
Phone (424) 256-9694
Property Types
Multifamily
Markets
Dallas/Ft Worth, Raleigh/Durham, Nashville
Bio
Mike Wagar is a Founding Executive of Magma Equities and is the Chief Financial Officer and Chief Administrative Officer. Mike is responsible for all finance and accounting functions; he also oversees due diligence and investor relations and is actively involved in Magma’s day-to-day operations. Mike has over 15 years of experience acquiring and operating commercial real estate.
Prior to joining Magma Equities, Mike was the Director of Finance and Accounting at MJW Investments where he oversaw all cash management activities and lender & investor relations for the $500 million apartments and student-housing portfolio. Before MJW, Mike was the Portfolio Manager at TruAmerica, covering more than 140 multifamily properties throughout the US.
Previously, Mike worked as a Senior Associate for MIG Real Estate, a Newport Beach family office with over $2 billion in residential & commercial real estate. Mike managed acquisition underwriting and due diligence efforts for all of MIG’s multifamily & commercial investments across the country and also sourced multifamily opportunities in the Pacific Northwest.
Mike was trained as a civil engineer and spent several years in Toronto, Canada, and Oxford, England practicing as a structural engineer. Mike received a B.Sc. in Civil Engineering from Queen’s University and an MBA in Real Estate from UCLA Anderson School of Management.
