MG Properties
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About MG Properties
Industries
Social Impact
Real Estate
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
San Diego, California
Founded
1992
Overview
Simplify's Take
What believers are saying
- Increased demand for urban multifamily housing boosts MG Properties' property values.
- Remote work trends favor MG's suburban investments like Bear Valley Park Apartments.
- Tech and healthcare growth in Tempe supports demand for NOVO Broadway Apartments.
What critics are saying
- Rising interest rates may increase financing costs for MG Properties.
- San Diego's competitive market could reduce profit margins for MG Properties.
- Potential oversupply in Denver may lower rental yields for MG Properties.
What makes MG Properties unique
- MG Properties focuses on high-value urban acquisitions like Park 12 in San Diego.
- The company targets growth regions, evident in their Tempe and Denver acquisitions.
- MG Properties integrates mixed-use developments, enhancing property value with retail spaces.
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Benefits
Company profit sharing
Paid Time Off
Paid Holidays
Paid Personal Days
Paid Sick Time
401(k) Company Match
Medical, Dental, Vision, Employee Assistance Program
Life Insurance
Flexible Spending Account, Dependent Care Spending Account
12% Bonus potential
Company News
MG Properties acquires Park 12 multifamily tower in downtown San Diego for $309M.
SAN DIEGO, Feb. 5, 2025 /PRNewswire/ -- MG Properties, a leading real estate investment and management company, has completed the acquisition of Park 12 Apartments, a 35-story high-rise community in downtown San Diego with 43,000 sq.ft. of retail. MG purchased the property for $309 million, making it the largest apartment acquisition in San Diego since 2020, and the third largest apartment acquisition in San Diego history. With this acquisition, MG has added 18 properties to their portfolio over the past twelve months, totaling over $2.1 billion
San Diego-based MG Properties bought apartments in southwest Denver for $76 million, while an Ohio firm purchased a Littleton apartment community for $100 million.
DENVER - MG Properties has purchased Bear Valley Park Apartments, a garden-style community in Denver, from Jackson Square Properties for $76 million.
SAN DIEGO, Dec. 8, 2023 /PRNewswire/ - MG Properties, a leading real estate investment and management company, has completed the acquisition of Bear Valley Park Apartments, a premier garden-style community located in Denver, Colorado for a total purchase price of $76 million.
MG Properties is Hiring for 7 Jobs on Simplify!
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About MG Properties
Industries
Social Impact
Real Estate
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
San Diego, California
Founded
1992
MG Properties is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today