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MG Properties Group Completes Acquisition of Newly Combined Eleanor and H16 Midtown Apartment Communities in Sacramento

SAN DIEGO, CA - MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Sacramento presence, with the acquisition of Eleanor and H16 Midtown Apartments. The two newly combined communities are located along the 16th street corridor in the Midtown submarket of Sacramento. Each community has an attractive contemporary design where residents benefit from a robust set of common area amenities, and can easily access a variety of walkable dining and.

MG Properties Acquires Two Sacramento Communities in Multifamily Deal

Oaktree Capital and MG Properties Acquire 551-Unit Mixed-Use The Platform Urban Apartment Community in San Jose, California

SAN JOSE, CA - Funds managed by Oaktree Capital Management, in a joint venture with MG Properties, have purchased The Platform Urban Apartments, a 551-unit community in San Jose, CA. The Platform is a transit-oriented mixed-use community with 35,000 sf of ground floor retail, completed in 2019. Located in the Berryessa submarket of San Jose, The Platform is in a premier Bay Area location defined by strong employment growth by established and expanding global technology companies.

MG Properties Completes $193 Million Acquisition of 333-Unit Eleanor Luxury Apartment Community in Milpitas, California

MILPITAS, CA - MG Properties, a private San Diego-based real estate investor, owner, and operator purchased Eleanor Apartments, a 333-unit community Milpitas, CA for $193 million. The community is in a premier Bay Area location defined by strong employment growth and desirability. Eleanor is a transit-oriented mixed use community with 10,000 sf of ground floor retail, completed in 2021. This luxury community has an attractive contemporary design and robust set of common area amenities, and.

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