As a result of MG Properties Group
proven track record and depth of multifamily investment experience,
the company is poised to continue its steady growth by leveraging
its operational expertise. Strong renter demand makes selective
investments in multifamily properties a smart move in today’s
marketplace. MG Properties Group has proven its expertise in
redeveloping and repositioning properties for success and continues
to attract investors.
MG Properties Group invests in underperforming and value-add
apartment properties in major metropolitan areas in the western
United States. The company targets properties that can be
refurbished or renovated to generate above-market cash flow
returns. Enhanced management systems and policies are instituted to
maximize the performance of each asset. Emphasis is placed on
investing in properties that will attract a stable, long-term
renter population following renovation. Upon sale, investors have
the option to receive their taxable proceeds or reinvest on a
tax-deferred basis into a replacement property.
The company selects markets where there is a current or projected
undersupply of rental housing. MG Properties Group has chosen to
invest in metropolitan areas that possess favorable demographics
and economic fundamentals including San Diego, Riverside, San
Bernardino, Phoenix, Tucson, the San Francisco Bay Area and
Seattle. Acquisition criteria also include buying apartment
properties in established, built-out neighborhoods with barriers to
entry or within urban areas where there is minimal risk of new
competitive supply being added.
For MG Properties Group, every investment has four critical
objectives:
· Protect investment capital
· Provide continuous cash flow
· Provide a preferred investment return
· Capitalize on appreciation
Since 1992, MG Properties Group has acquired 66 new properties and
sold or exchanged 31 properties; the company currently owns 35
properties.
For information regarding investment opportunities,
contact
investors@MGProperties.com