MG Properties Group has paid $156 million, or $472,727/unit, for the 330-unit Artesa at Menifee Town Center apartment property in the Inland Empire city of Menifee, Calif. The San Diego investment manager bought the recently completed property, on a 15-acre parcel at 30414 Town Center Drive, from MBK Rental Living of Irvine, Calif., which had […]

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