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Investor Pays One of the Highest Prices on Record for Apartments in Southern California's Inland Empire

Victoria Arbors in Rancho Cucamonga Sells as Investors, Renters Flock to LA Suburbs
Victoria Arbors opened to renters in 2006. (Val Dostalek/MG Properties)
Victoria Arbors opened to renters in 2006. (Val Dostalek/MG Properties)
CoStar News
July 6, 2021 | 10:27 P.M.

Private real estate investor MG Properties Group paid $137.6 million for apartments in Rancho Cucamonga, California, in one of the biggest multifamily deals by total price on record in Southern California's Inland Empire.

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