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MG Properties Group Buys Caviata at Kiley Ranch Near Reno

San Diego Firm Pays $51.7 Million for Class A Sparks Apartment Complex
By Taylor Damm
CoStar News
February 4, 2019 | 2:20 P.M.

MG Properties Group, a full service investment firm headquartered in San Diego, purchased a Class A, 184-unit apartment complex in Sparks, Nevada, from San Francisco-based Oakmont Properties. Caviata at Kiley Ranch sold for $51.7 million, or about $281,000 per unit.

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