April 12, 2021
SAN DIEGO, CA - MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its presence in the Inland Empire, announcing the acquisition of The District Apartment Homes. Formally known as The District at Grand Terrace, MG Properties Group purchased the property from Tower 16 Capital Partners for $88,000,000.
"We are pleased to be further growing our long-term presence in the Inland Empire, a market that has strong opportunity due to its economic growth, affordability, and convenience," said Mark Gleiberman, MG Properties Group's Founder & CEO....