SAN DIEGO, July 22, 2015 /PRNewswire/ -- MG Properties Group, a private, San Diego-based real estate investor and operator, is pleased to announce that Christian Garner has joined the company as Chief Investment Officer. Garner will be responsible for overseeing the company's investment activities and capital relationships.
Garner has over 30 years of real estate investment and capital markets experience, encompassing $5 billion in transactional volume. Garner is joining MG Properties Group after a 15-year tenure with GE Capital Real Estate where he led both debt and equity investment teams in the western region, culminating in $4.2 billion in transactions and investment in 40 multifamily properties. He is a graduate of the University of California at Los Angeles with a degree in political science.
"I am thrilled to have someone with Chris' extensive West Coast multifamily real estate experience and outstanding reputation join our senior executive team. I am confident that Chris' leadership and experience will contribute to the continuation of the growth and success MG Properties has seen over the last 25 years," says Mark Gleiberman, Founder and CEO.
MG Properties Group (www.mgproperties.com) is a real estate owner and operator specializing in multifamily assets throughout the western U.S. markets. Since 1992, MG Properties Group has acquired over 100 properties totaling over 17,000 units. Currently, MGPG has a portfolio of over 12,000 apartment homes in 52 communities in high-growth cities in California, Arizona, Nevada and Washington. The company's apartment portfolio has a total market value of over $1.5 billion. MGPG employs 350 professionals with in-house expertise in acquisitions and underwriting as well as asset, property, construction and investment management. During the past four years, MGPG has acquired 26 apartment communities totaling approximately 7,000 units, with a market value in excess of one billion. MGPG anticipates closing another $250 million in acquisitions within the next year.
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SOURCE MG Properties Group