Principal, MJW Group. From turning around distressed properties in Los Angeles to structuring investments and pursuing ground-up development.
MJW Group reflects more than two decades of real estate experience. Dilan Jayasingha's career began with a finance education, took shape in the family's Los Angeles real estate business, and expanded into independent investment, capital raising, and multifamily development.
Dilan Jayasingha graduated from the University of Southern California in 2001 with a degree in Finance emphasizing real estate. Entering college with 16 credits, he completed his degree in three years.
That financial foundation would inform his later approach to underwriting, capitalization, and the operational side of real estate ownership.
In 2005, Dilan joined his father's real estate business to manage two mid-rise buildings in Los Angeles' MacArthur Park neighborhood. One was 10 stories and the other 14 stories. Each was approximately 100,000 square feet, and both were less than 30% occupied.
The properties faced serious challenges: parking shortages associated with subway expansion, $789,000 in outstanding payables, and operating losses of approximately $40,000 per month.
Dilan stabilized the monthly losses within three months and cleared the aged payables within a year. He secured additional parking and arranged tenant transportation to help overcome the buildings' parking constraints.
These results formed the practical foundation of his real estate career: solve operational problems, improve occupancy, and build value through execution.
After seven years in the family business, Dilan transitioned into consulting and broadened his experience in securities and Delaware Statutory Trust investments.
At age 34, he founded Halcyon Opportunity Fund, applying lessons from the DST market to a model centered on monthly income and a simpler fee structure. The fund's original offering targeted a 10% yield without investor fees.
Through Halcyon, Dilan raised approximately $15 million for the fund and an additional $8 million for individual transactions. Working with partners including Tri-West and Andrew Smith, co-founder of Genesis Capital, his activities spanned more than 25 transactions across multifamily, residential renovations, retail, and self-storage.
In 2021, Dilan relocated to Tampa, Florida, and expanded his focus to ground-up multifamily development. MJW Group's current development work includes Palmetto Beach in Tampa and Woodtrail in the New Port Richey area.
These projects involve site planning, entitlements, financing, and the execution challenges of larger-scale residential development. Their current scopes and development status are documented separately in the project portfolio.