Category Archives: Investor News

MG Properties Acquires Over $1.6 Billion in Multifamily Assets in 2021

MG Properties Acquires Over $1.6 Billion in Multifamily Assets in 2021 MG Properties Group is pleased to announce their acquisition of over $1.6 billion of multifamily assets in 2021. Spread throughout major markets across the West Coast, MG added 14 properties and over 4,700 units to their portfolio in the 2021 calendar year – marking…

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MG Properties Group Adds to Denver Portfolio with $141 Million Multi-family Acquisition

MG Properties Group Adds to Denver Portfolio with $141 Million Multi-family Acquisition MG Properties Group is further expanding its Denver presence, today announcing the acquisition of 3300 Tamarac Apartments. Located in the Hampden neighborhood of Denver, the 564-unit community offers an ideal location within walking distance to a variety of shopping and dining hot spots,…

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MG Properties Group Acquires 450-Unit Andorra Apartments in Camarillo, California

MG Properties Group Acquires 450-Unit Andorra Apartments in Camarillo California MG Properties Group announced their acquisition of Andorra Apartments in Camarillo, California. The 450-unit community brings 2021 to a close with over $1.9 billion in total acquisitions. “We are thrilled to be further scaling our Southern California portfolio,” said Mark Gleiberman, Founder & CEO of…

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MG Properties Group Adds to Portland Portfolio with $54 Million Multifamily Acquisition

MG Properties Group Adds to Portland Portfolio with $54 Million Multifamily Acquisition MG Properties is further expanding its Portland presence today announcing the acquisition of Maddox Apartments. The two newly combined and rebranded communities, formerly known as North Harbour Vista and Marine View, offer on-site retail and a coveted location along the Columbia River. Located…

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MG Properties Group Acquires Martinez Multi-family Community

MG Properties Group Acquires Martinez Multi-family Community MG Properties Group is further expanding its presence in the Bay Area, today announcing the acquisition of Maris at Martinez, formerly known as Terra Martinez. Located in the East Bay hills, this 168-unit community offers an ideal location off State Route 4, connecting it to endless shopping, dining,…

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MBK Rental Living Sells Artesa At Menifee Town Center Apartment Community To MG Properties Group For $156M

MBK Rental Living Sells Artesa At Menifee Town Center Apartment Community To MG Properties Group For $156M 330-unit, Class A Multifamily property offers next-level amenities with a walkable and vibrant ‘urban’ environment MBK Rental Living is delighted to have successfully executed the sale of its Artesa at Menifee Town Center, a 330-unit new Class A…

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MG Properties Group Enters Denver Market with $108.2M Multi-family Acquisition in South Broadway District

MG Properties Group Enters Denver Market with $108.2M Multifamily Acquisition in South Broadway District MG Properties announced their acquisition of Neon Local Apartments in Denver’s South Broadway neighborhood for $108.2M. Built in 2020, this 238-unit community is one of the few multifamily additions along the South Broadway corridor. Located in the area’s sought after entertainment…

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MG Properties Group Expands Pacific Northwest Presence with $85.5 Million Tacoma Multi-family Acquisition

MG Properties Group Expands Pacific Northwest Presence with $85.5 Million Tacoma Multi-family Acquisition  MG Properties Group, a privately held real estate investor and operator headquartered in San Diego, California today announced their acquisition of Village on Main Apartments for $85,500,000. The 200-unit community is one of the few multi-family additions to the Point Ruston Waterfront…

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MG Properties Group Acquires Rare Deal in Sparks, NV with 288-unit Multi-Family Property

MG Properties Group Acquires Rare Deal in Sparks, NV with 288-unit Multi-Family Property MG Properties Group, a private San Diego-based real estate investor and operator, is expanding its presence in the larger Reno/Sparks metro with the acquisition of Parq Crossing Apartments. MG Properties Group purchased the property off-market directly from the developer. “We are pleased…

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MG Properties Group Continues to Expand Inland Empire Multifamily Presence with Rancho Cucamonga Acquisition for $137.6 Million

MG Properties Group Continues to Expand Inland Empire Multifamily Presence with Rancho Cucamonga Acquisition for $137.6 Million MG Properties Group announced today the acquisition of Victoria Arbors Apartment Homes for $137.6 million from Sares Regis Group. This 319-unit, suburban, garden-style property is in the Inland Empire’s highly desirable city of Rancho Cucamonga. With its coveted…

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