MG Properties

MG Properties, also known as MG Properties Group, is a San Diego-based real estate investment and management company founded in 1992 by Mark Gleiberman. The company specializes in the acquisition, development, rehabilitation, and management of multifamily apartment communities, focusing on workforce housing across the Western United States. With over 30 years of experience, MG Properties manages more than 28,000 apartment homes across 61 properties in states such as California, Arizona, and Colorado, with a portfolio market value exceeding $9 billion. The company emphasizes self-managed value-add strategies, which include renovations and operational improvements to enhance properties and neighborhoods. MG Properties employs around 811 people and generates approximately $154.5 million in revenue. It utilizes advanced tools for asset management and investor reporting, ensuring efficient operations and strong returns for investors. Recent acquisitions include Bear Valley Park Apartments in Denver and NOVO Broadway Apartments in Tempe, showcasing its commitment to expanding its multifamily housing portfolio.