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MG Properties Group acquires multifamily properties in Oregon

  • Region:

    United States of America

  • Sector:

    Real Estate

  • Deal Size:

    $92.1 million

  • Buy Side Company:

    MG Properties Group
  • Sell Side Company:

    TruAmerica Multifamily, LLC, Heitman LLC, Holland Partner Group
  • Target Company:

US-based MG Properties Group has acquired two multifamily properties in Wilsonville for a combined price of $92.1 million, REBusinessOnline reported. It acquired a 274-unit property, Domaine at Villebois from a partnership between Holland Partner Group and Hetiman for a deal valued at $69.5 million. The 126-unit Haven at Charbonneau, was acquired from TruAmerica Multifamily for $22.6 million. MG Properties Group is involved in the acquisition, development, rehabilitation, and management of apartment communities in California, Washington, Arizona, and Nevada. HFF represented the sellers on the transaction and arranged financing for the same.

Tags:

Multifamily,Commercial real estate deals,Commercial real estate,Real estate deals,real estate