MG Properties Acquires 4.6M Multifamily Deal in San Diego's Kearny Mesa

SAN DIEGO, Dec. 19, 2022 /PRNewswire/ -- MG Properties, a private San Diego-based real estate investor, owner, and operator purchased the multifami...

December 19, 2022
5:24 PM

SAN DIEGO, Dec. 19, 2022 /PRNewswire/ -- MG Properties, a private San Diego-based real estate investor, owner, and operator purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital. Domain San Diego is a 379-unit community that offers renovated studio, 1 & 2 bedroom apartments, competitive community amenities, and easy access to the 163 and 52 freeways. Characterized by strong demographics, highly ranked schools, accessibility to jobs, and relatively affordable rents, Kearny Mesa is a desirable San Diego submarket that has been severely underserved in terms of multifamily housing.

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