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Mg Properties Group Acquires Martinez Multifamily Community

Nov 25, 2021over 3 years ago

Acquiring Company

MG Properties Group

Acquired Company

Martinez Multifamily Community

Real Estate

Description

MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its presence in the Bay Area, today announcing the acquisition of Maris at Martinez, formerly known as Terra Martinez.

Company Information

Company

MG Properties Group

About

MG Properties Group is a privately owned, fully integrated real estate company specializing in the investment, redevelopment, and management of multi-family assets. Headquartered in San Diego, California, MG was founded in 1992 by Mark Gleiberman with the mission to enrich communities. MG's current portfolio is comprised of over 23,000 rental homes in California, Washington, Arizona, Nevada, Colorado, and Oregon, including 79 communities. For additional information, visit www.mgproperties.com. SOURCE MG Properties Group

M&A Insights

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Integration timeline
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Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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Success factor
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