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San Diego Firm Acquires 716-Unit Apartment Portfolio Near Sacramento

MG Properties Group Pays $170 Million for Elk Grove, Citrus Heights Multifamily Complexes
By Mike Rustvang
December 28, 2018 | 9:27 P.M.

MG Properties Group, a full service investment firm, purchased three apartment complexes totaling 716 units near Sacramento, California, from Fairfield Residential for $170 million, or about $237,000 per unit.

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