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San Diego Investor Extends $1.6 Billion Acquisition Streak With Silicon Valley Apartment Deal

MG Properties Acquires Multifamily Complex in Milpitas, California, To Build Out West Coast Portfolio
MG Properties acquired the Eleanor Apartments property in Milpitas, California. It is the San Diego investment firm's 12th Northern California multifamily property. (CoStar)
MG Properties acquired the Eleanor Apartments property in Milpitas, California. It is the San Diego investment firm's 12th Northern California multifamily property. (CoStar)
CoStar News
July 28, 2022 | 11:15 P.M.

MG Properties, a real estate company focused on West Coast apartment investments, closed on the $193 million purchase of a 333-unit apartment complex in Milpitas, California, a Silicon Valley suburb surrounded by some of the most expensive housing markets in the country.

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